Headlines from the Proactive UK newsroom.
Bluebird Merchant Ventures (LON:BMV) has received a 'Permit to Develop' the Kochang mine in Korea. Gold production will start next year with the potential for annual output to rise to 30,000oz of gold over three years.
Ariana Resources (LON:AAU) believes drilling at Arzu South at its Kiziltepe mine in Turkey indicates developing the pit into an underground operation is an option.
Natural pesticide group Eden Research (LON:EDEN) has signed an exclusive distribution agreement for fungicide Mevalone with SumiAgro Europe. The Japanese group will distribute Mevalone in Germany, Poland and three other central European countries as a fungicide for grapes.
Boeing is to temporarily stop making its troubled 737 Max airliner in January while it grapples with the problems that have grounded the plane for nine months. Flights by the aircraft have been banned after two crashes.
Unilever has cautioned sales this year will miss its target of 3-5% growth. A slowdown in South Asia and ongoing problems in West Africa and North America are blamed however earnings are not expected to be impacted.