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Business News on March 4, 2012

Scanty rainfall likely to hit West Bengal's tea production
Tea producers in West Bengal's Silguri District have warned of low production output owing to erratic weather conditions coupled with low productivity. ANI

Demand of Chinese water toy guns increase ahead of Holi
As the festival of colours, Holi is round the corner the demand for Chinese water toy guns has increased in Uttar Pradesh's Gorakhpur town. ANI

Runewaker Entertainment Announces Dragon's Prophet
Runewaker Entertainment, the creator of the popular free-to-play title Runes of Magic, has announced its newest upcoming title, Dragon's Prophet. The company also announced it will be collaborating with the famous Japanese game publisher -- Aeria Games to release Dragon's Prophet in Japan MarketWire

Catalyst Resource Group Signs Definitive Agreement to Acquire Gold Concession in Laos
Catalyst Resource Group (OTCQB: CATA) (PINKSHEETS: CATA), a company engaged in innovative processing technologies to extract gold and platinum group metals, today announced that Company has signed a Definitive Agreement to acquire an 80% equity interest of Laos Minerals Mining, Inc MarketWire

North Springs Resources Receives Positive Independent Review of Producing Gold and Silver Properties in Chihuahua Mexico
North Springs Resources Corp. (OTCBB: NSRS) (PINKSHEETS: NSRS) (the "Company" or "North Springs") is pleased to announce that it has received the final draft of a positive geological review regarding the Company's recently acquired 10% interest in an option on various producing gold and silver properties in Chihuahua, Mexico MarketWire

Fairstar Heavy Transport N.V. awarded marine transportation contracts for the Ichthys LNG Project in Darwin, Australia
Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by Japan Gas Corporation (JGC) to provide marine transportation services for the Ichthys LNG Project in Darwin, Australia. The two contracts engage the Fairstar 50,000DWT, open stern, semi-submersible vessels FORTE and FINESSE for a minimum of twelve months per ship commencing in the Second Quarter of 2014 GlobeNewswire

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