Australia's Lunnon Metals rises on agreement With Ngadju people

Lunnon Metals

09/01/2025 03:40

** Lunnon Metals  LM8.AX  rises as much as 5% to A$0.210;
set for biggest intraday pct gain since Dec. 31, 2024
    ** Minerals explorer signs agreement with Ngadju Native
Title Aboriginal Corporation (NNTAC), covering relevant parts of
its Kambalda gold and nickel project in Western Australia
    ** Says agreement establishes terms by which the Ngadju
people can benefit directly from development of co’s gold and
nickel portfolio
    ** LM8 fell 58.3% in 2024

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))