LM8
Director Trades
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Company News
Lunnon Metals Secures Ore Purchase Agreement for Lady Herial Gold Deposit
Lunnon Metals (ASX: LM8) has executed an ore purchase agreement (OPA) that will provide an early cash flow opportunity from the Lady Herial deposit, part of the company’s Kambalda gold and nickel project in Western Australia. Lunnon will sell St Ives Gold Mining – a wholly owned subsidiary of major Lunnon shareholder Gold Fields – […]
Weekly wrap: rumours of wars send the ASX 200 tumbling
It is the Bible that talks about not being alarmed by “wars and rumours of wars” but Australian share market investors weren’t quite so sanguine, pushing down the ASX 200 sharply. By the close of trade on Friday 55.2 points or 0.7% had been erased from the ASX 200 as the reality of a worsening […]
Lunnon Metals identifies new gold zone at Kambalda’s Lady Herial prospect
Lunnon Metals (ASX: LM8) has confirmed that a new gold zone has been identified at the Lady Herial prospect within its Kambalda gold and nickel project in Western Australia. Multiple near-surface, high-grade gold intercepts on parallel shoots have been delivered from diamond and in-fill reverse circulation work, with the best result to date being 23 […]
Small cap starter kit for the next phase of the battery boom
Battery metal stocks have outperformed the broader market for the past two years with the result being that most of the better-known companies are no longer small caps which is why a small-cap “starter kit” might be useful for the next phase of the battery boom. Three stocks best demonstrate the problem for late arrivals […]
Nickel shapes-up as star battery metal performer in 2023
Nickel played second fiddle to lithium in the battery metal orchestra this year but it’s shaping as the star performer next year. The switchover will come from a combination of lithium peaking after a stellar run, while nickel gets a double-barrelled boost from the re-opening of China, which means increased demand for stainless steel, nickel’s […]
Nickel primed for another price bounce amid fears of Russian nickel ban
Nickel is unlikely to soon test its all-time high of US$50,000 a tonne reached earlier this year when a Chinese billionaire was caught in a spectacular short squeeze, but there are early signs of conditions developing which point to a price bounce. The major issues with nickel are reliability and quality of supply, with both […]
Drilling at Baker Shoot returns high-grade nickel intercepts for Lunnon Metals
Lunnon Metals (ASX: LM8) has reported drilling at the Baker Shoot within the Kambalda nickel project in Western Australia has returned high-grade intercepts across two distinct nickel sulphide zones. Baker progressed to a maiden mineral resource estimate in June totalling 15,800 tonnes of nickel metal grading 2.8% nickel. The current drilling program has been designed […]
Lunnon Metals’ Baker target continues to impress with more high-grade, wide nickel results
Infill drilling at the Baker target within Lunnon Metals’ (ASX: LM8) Kambalda nickel project has continued to return high-grade and wide nickel intervals. Lunnon is carrying out 8,000m of reverse circulation and 3,000m of diamond drilling to increase confidence and expand the current resource of 15,800 tonnes of nickel metal grading 2.8%. The company has […]
Lunnon Metals reports more nickel hits at Warren
Drilling by Kambalda district explorer Lunnon Metals (ASX: LM8) at its Warren target has extended mineralisation and returned nickel grades up to 5.28%. The company is progressing a discovery program in the Warren channel, part of the historical Foster nickel mine, within Lunnon’s Kambalda nickel project. Lunnon, which listed on the ASX in June 2021, […]
Lunnon Metals reports maiden resource estimate for Baker Shoot target within Kambalda nickel project
Lunnon Metals (ASX: LM8) has reported a maiden mineral resource estimate for the Baker Shoot target within the Kambalda nickel project in Western Australia of 568,000 tonnes grading 2.8% nickel for 15,800t of contained nickel. The estimate comprises an indicated component of 295,000t at 2.75% nickel for 8,100t; and an inferred amount of 273,000t at […]
