Fox Marble Holdings PLC (LON:FOX) has signed a deal to establish a new distribution outlet for its marble products in the United States.
The AIM-listed company - focused on marble quarrying and finishing in Kosovo and the Balkans region- has signed a Memorandum of Understanding with Pristine Stone NYC LLC in New York, a natural stone importer and distributor in the USA.
Over in Myanmar, social media, entertainment and payments group MySQUAR Limited (LON:MYSQ) has added to its gaming offering once again.
The AIM-quoted company has launched its new ‘hardcore’ Land of Magic game and has also added Nanbat Wingabar to its Lucky Wingabar casual online gaming platform.
Staying in Asia, portfolio analytics software provider StatPro Group PLC (LON:SOG) has signed a two-and-a-half year contract extension and consulting agreement with a “major” asset manager based in Singapore.
The deal, which will net StatPro US$1mln over the length of the contract, is for the AIM-listed group to migrate the asset manager from StatPro Seven to its cloud-based StatPro Revolution platform.
Elsewhere, Savannah Resources Plc (LON:SAVP) has told investors that every one of sixteen new drill holes at the Mino do Barroso lithium project in Portugal has encountered massive pegmatite mineralisation.
Tavistock Investments PLC: (LON:TAVI) is selling its Tavistock Financial business to Sanlam Limited’s UK operations for a total cash consideration of £1mln.
The transaction will see Sanlam UK acquire Cheltenham-based Tavistock Financial's network of 158 financial advisers along with 25 support staff.
Rare earths group Rainbow Rare Earth Limited (LON:RBW) has reported even better grades than expected at the Gasgawe target on its Gakare licence in Burundi. Lab testing of ore from the main vein at Gasagwe returned an average Total Rare Earth Oxide (TREO) grade of 62.17%, which compared with an average 57% in veins across the rest of the 39 sq km licence published in the competent person’s report.
KEFI Minerals plc’s (LON:KEFI) recent deal with Oryx Management will have a massive positive impact on the funding requirements for the Tulu Kapi mine, the company has revealed.
In a stock market statement the company highlighted that the residual funding requirement has dropped from US$289mln (a figure foreseen in January 2014) to US$32mln as a result of the Oryx arrangement and it is now seeing a further reduction to US$24mln.
In other news, Strategic Minerals Plc (LON:SML) has set itself a target to quadruple in value over the next five years
The iron ore, tungsten and tin and cobalt group said that based on the potential in these businesses (plus some more acquisitions) it can see scope for its market value to rise to £100mln from £30mln currently.
And finally, Thor Mining PLC (LON:THR) has kicked off a new drill campaign at the wholly-owned Pilot Mountain tungsten project, in Nevada, where it is aiming to confirm and expand resources.