Ironveld PLC announced that its 74%-owned subsidiary, Lapon Mining, has signed a binding Mining Operations Agreement with Daemaneng Minerals.
Lloyds reported pre-tax profit of £1.6 billion, profits fell by a third
Lloyds Bank’s profits declined by one-third as a result of reduced interest rates and increased competition in the mortgage market.
Almost 50,000 businesses are at risk of failure as they encounter a ‘debt crisis’.
At the end of the previous year, nearly 50,000 companies were in a state of severe financial distress, as revealed by a report that is widely monitored.
Metro Bank Announces Job Reductions Following £925 Million Rescue Agreement
Metro Bank has announced plans to reduce its workforce and reevaluate its seven-day opening policy following the approval of its £925m rescue package by shareholders.
Metro Bank Reportedly Discussing the Sale of £3 Billion in Mortgages to Barclays
Metro Bank is reportedly engaging in negotiations to transfer a mortgage portfolio worth £3 billion to Barclays, as part of its strategy to implement a comprehensive restructuring to save the
Metro Bank obtains £925m in debt and equity rescue funding.
Metro Bank finalized a critical agreement on Sunday evening to bolster its faltering finances amid swirling rumours about its future prospects.
UK’s Metro Bank rejected takeover approaches from Shawbrook
Metro Bank, a UK-based lender (MTRO.L), has turned down several acquisition proposals from business lending expert Shawbrook, with the latest attempt reported by Sky News to have been in the
Lloyds Banking and NatWest Group approached by Metro Bank This Week
This week, Lloyds Banking (LON: LLOY) and NatWest Group (LON: NWG) received inquiries about the possibility of acquiring a part of Metro Bank’s (LON: MTRO) mortgage portfolio, as the latter
Cineworld Group PLC (LSE:CINE) is on the verge of appointing administrators imminently
Insiders anticipate that Cineworld Group PLC (LSE: CINE) is poised to engage administrators momentarily, mere days following Sky’s coverage of a restructuring scheme for the UK-based cinema chain. The task
As Cineworld exits Chapter 11, its shareholders receive no benefits.
Cineworld Group PLC (LSE: CINE), a prominent cinema chain, has announced its plan to exit Chapter 11 bankruptcy protection by July. The restructuring strategy set to be implemented will unfortunately
Ironveld PLC (AIM:IRON) DMS Grade Magnetite Joint Venture Agreement
Ironveld is pleased to confirm that its subsidiary, Ironveld Mining (Pty) Limited (“Ironveld Mining”), has entered into a Joint Venture Agreement (“JVA”) with Pace SA (Pty) Limited (“Pace”), as equal
Ironveld PLC (AIM:IRON) Final Results for the year ended 30 June 2022
Ironveld plc, the owner of a High Purity Iron (“HPI”), Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa (the “Project”)