Headlines from the Proactive UK newsroom.
Greatland Gold (LON:GGP) has reported more impressive results from its Haveiron project in Western Australia. In one hole drilled by partner Newcrest, the mineralisation extended for 94m at a grade of 4.5 grammes per tonne.
Vast Resources (LON:VAST) has signed the paperwork for a 15 million dollar facility to get its diamonds and Biata Plai projects through to production. Bonds will be issued in four tranches in accordance with cashflow requirements and subject to specific conditions .
Commercial lender PCF (LON:PCF) increased its loan book by 54% in the year to September, with new business up by 51% to £233mln. The bank is close to its £350mln loan target a year ahead of plan.
Remote Monitoring Systems (LON:RMS) subsidiary GyroMetric is claiming a world first with the launch of a new dynamic shaft alignment system. GyroMetric says it is the first system that monitors both absolute and relative alignment.
Royal Bank of Scotland (LON:RBS) has paid out another £900 million in claims for mis-sold payment protection insurance (PPI), pushing it to a third quarter loss. The bank had already set aside £5.3bn over PPI claims.
Investment platform AJ Bell picked up 17% more customers this year despite the uncertain market conditions with underlying inflows of £5.4bn.
Richard Branson has announced that his spaceship venture, Virgin Galactic, will float on the New York Stock Exchange next Monday. The float continues the so-called space race with Amazon’s Jeff Bezos and Elon Musk’s firm SpaceX promising to offer the first interstellar tourist trips.