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The latest announcement is out from Lunnon Metals Limited ( (AU:LM8) ).
Lunnon Metals has signed a Mining Agreement with the Ngadju Native Title Aboriginal Corporation, securing the future of its Kambalda Gold & Nickel Project. This agreement not only provides financial benefits to the Ngadju People through royalties and funding for cultural and educational initiatives but also ensures the renewal of the company’s mining licenses. This partnership reflects Lunnon Metals’ commitment to local engagement and its strategy of working collaboratively with traditional land custodians, which is expected to enhance its operational stability and community relations.
More about Lunnon Metals Limited
Lunnon Metals Limited operates in the mining industry, focusing on the exploration and development of its gold and nickel portfolio. Its primary project, the Kambalda Gold & Nickel Project, is located in the Eastern Goldfields of Western Australia, an area known for its significant nickel and gold production history.
YTD Price Performance: -20.0%
Average Trading Volume: 197,796
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of LM8 stock, go to TipRanks’ Stock Analysis page.