Rainbow Rare Earths Ltd. (LON:RBW) has reaffirmed that first production and sales of rare earth concentrate from the Gakara Rare Earth Project in Burundi are on schedule for the fourth quarter of 2017.
Tharisa PLC (LON:THS) has announced plans to reward its shareholders by recommending a substantially increased dividend and an improved dividend policy, including the introduction of an interim payout.
Shares in ANGLE PLC (LON:AGL) edged higher at the opening bell on Thursday after the medical diagnostics group said it will collaborate with healthcare and electronics giant Philips. The Dutch company has secured a research grant from the European Union worth €6.3mln, of which €0.45mln (£0.4mln) will flow to ANGLE.
The former chairman of gambling group 888 Holdings (LON:888) Richard Kilsby has been confirmed as the new non-executive chairman at Internet-of-Things specialist Telit Communications Plc (LON:TCM). Among a raft of other board changes, interim chief executive Yosi Fait has also been given the gig on a permanent basis.
E-commerce enabler blur Group PLC (LON:BLUR) is on an upward trajectory, with third quarter gross profit and revenue ahead of first half levels.
Marble quarrying and finishing business Fox Marble Holdings PLC (LON:FOX) has made further shipments to Turkey under its agreement with Simsekler Mermer.
Amphion Innovations Plc (LON:AMP) said Polarean Imaging, in which it has a 26% stake, is expected to float in the first quarter of 2018.
Directa Plus (LON:DCTA) and Italian group Iterchimica are to launch a new form of road asphalt enhanced by graphene. Called Eco Pave, Directa Plus believes the new product can significantly improve the durability and sustainability of asphalt road surfaces.
IronRidge Resources Limited (LON:IRR) has begun trench sample work at its Dorothe project in Chad after new gold zones were exposed by artisanal workings. A new excavator will be used on an area of 1.8km x 1km at 200m trench spacing with the results to help identify drill targets.
Lionsgold Limited (LON:LION) has announced the appointment of David William Price as the group’s non-executive chairman with immediate effect. Concurrently with Price joining the board, the gold-focused exploration company also said Luke Cairns, executive director, has stepped down from its board to pursue other business interests.
Bushveld Minerals Limited’s (LON:BMN) Lemur coal and energy subsidiary has signed a binding power purchase agreement with Madagascar state-owned utility JIRAMA as part of the Imaloto power project on the island.
Eco (Atlantic) O&G Ltd’s (LON:ECO) balance sheet has been transformed by the recent investments from Africa Oil and Total, according to finance director Gadi Levin. Africa Oil invested £8.5mln at 29p per share, while Total paid US$1mln (£760,000) for an option over the Orinduik Block, with a further US$12.5mln to come if it is exercised by the French group.
Cadence Minerals Plc (LON:KDNC) has told shareholders that investee company Macarthur Minerals Limited (TSX-V: MMS) has confirmed lithium mineralisation at the Tambourah Lithium Project in the Pilbara region of Western Australia, with rock chip assay results of up to 1.47% Li2O. Kiran Morzaria, Cadence’s chief executive officer, commented: "This is an exciting discovery of a mineralized pegmatite containing up to 1.47% Li2O, showing excellent potential for lithium."
Gfinity Plc (LON: GFIN), the leading international esports entertainment group has appointed Andy MacLeod, Garry Cook and Preeti Mardia as non-executive directors of the company with immediate effect. The firm said concurrently, non-executive directors Jon Varney, Phil Shuldham-Legh and David Yarnton have stepped down from the board with immediate effect. In addition, it said, current executive director, Paul Kent, will also leave the group’s board in order to take on additional operational responsibilities within the executive team, leading development of the esports programmes and technology solutions.