REMINDER: Our user survey closes on Friday, please submit your responses here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlien Metals Share News (UFO)

Share Price Information for Alien Metals (UFO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.17
Bid: 0.16
Ask: 0.18
Change: 0.00 (0.00%)
Spread: 0.02 (12.50%)
Open: 0.17
High: 0.17
Low: 0.17
Prev. Close: 0.17
UFO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Alien Metals hails collaboration on signing of heritage agreements

Tue, 03rd Oct 2023 10:53

(Alliance News) - Alien Metals Ltd on Tuesday said that its subsidiary, Iron Ore Co of Australia, has signed heritage agreements with the Karlka Nyiyaparli Aboriginal Corp RNTBC for two exploration licences, as well as one miscellaneous licence.

Alien Metals is an Australia-focused minerals exploration and development company, currently developing a near-term, direct shipping, iron ore operation at the Hancock project in Pilbara, Western Australia.

According to Alien Metals, Iron Ore has signed heritage agreements for the exploration licences E 47/4817 and E 47/5001, while the miscellaneous application is for L 47/1063.

The first two licences fall under the Nyiyaparli native title determination, which spans the Hancock Project and associated tenements.

The Nyiyaparli People are the Traditional Owners of 36,684 square kilometres of land and waters in the east Pilbara region, including the Newman township. The determination area covers 40,000 square kilometres of Nyiyaparli traditional country, and encompasses Newman, the Aboriginal communities of Jigalong and Parnpajinya, several pastoral leases, and of course, significant mining operations.

The determination area also includes places of particular significance to the Nyiyaparli People, including ceremonial sites, songlines, permanent pools, and natural resources.

Accordingly, the heritage agreements provide for the grant of the licences without objection by native title parties, and also include the withdrawal of existing objections.

On Tuesday, Alien Metals stressed that these deals were a "critical step" in engaging with Nyiyaparli Traditional Owners, adding that they reflect the "constructive relationship" the company has built with Karlka Nyiyaparli Aboriginal Corporation - or KNAC - as it continues negotiations on a separate mining agreement.

Meanwhile, the miscellaneous licence allows Alien Metals to construct essential infrastructure for road access from the Great Northern Highway to the proposed mine site.

Chief Executive Officer Troy Whittaker said: ""The company and its board would like to thank the Karlka Nyiyaparli Aboriginal Corporation and its Board of Nyiyaparli Directors for their support in reaching this significant milestone regarding the relevant licences. We are delighted to have signed the HPAs as they will further advance the approvals pathway and in the long-term, it will assist in the company de-risking the project execution for the Hancock Project."

Alien Metals shares were trading 2.1% lower at 0.19 pence each in London on Tuesday morning.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
10 Feb 2022 17:52

TRADING UPDATES: Aferian lifts annual dividend on growth from Devices

TRADING UPDATES: Aferian lifts annual dividend on growth from Devices

Read more
10 Feb 2022 12:43

Alien Metals gets all required approvals for Zacatecas drilling

(Sharecast News) - Alien Metals updated the market on its high-grade silver and copper-gold projects in Zacatecas, Mexico on Thursday, confirming it now had all of the necessary permissions to begin drilling on its 100% owned Los Campos and San Celso Silver Projects, and the Donovan 2 Copper-Gold Project.

Read more
4 Feb 2022 12:46

IN BRIEF: Alien Metals shares rise on iron sample results from Hancock

IN BRIEF: Alien Metals shares rise on iron sample results from Hancock

Read more
4 Feb 2022 09:52

Alien Metals upbeat on recent sampling at Hancock

(Sharecast News) - Minerals explorer and developer Alien Metals updated the market on its high-grade Hancock iron ore project in the Pilbara Region of Western Australia on Friday.

Read more
27 Jan 2022 11:25

AIM WINNERS & LOSERS: Thor Mining, Alien Metals gain on Pilbara finds

AIM WINNERS & LOSERS: Thor Mining, Alien Metals gain on Pilbara finds

Read more
27 Jan 2022 10:49

IN BRIEF: Alien Metals shares soar on high-grade silver discovery

IN BRIEF: Alien Metals shares soar on high-grade silver discovery

Read more
21 Jan 2022 14:23

IN BRIEF: Alien Metals extends settlement date on Munni Munni project

IN BRIEF: Alien Metals extends settlement date on Munni Munni project

Read more
12 Jan 2022 20:24

TRADING UPDATES: DMGT takeover progresses; Pantheon receives permits

TRADING UPDATES: DMGT takeover progresses; Pantheon receives permits

Read more
22 Dec 2021 20:28

TRADING UPDATES: Camellia profit to beat forecasts; Cordel contract

TRADING UPDATES: Camellia profit to beat forecasts; Cordel contract

Read more
9 Dec 2021 15:04

Alien Metals set to re-open dormant underground silver mine

(Sharecast News) - Alien Metals announced on Thursday that, as part of the development of its Elizabeth Hill silver project, it had started work to re-open the historic underground mine.

Read more
2 Dec 2021 06:54

IN BRIEF: Alien Metals forms new subsidiary for iron ore development

IN BRIEF: Alien Metals forms new subsidiary for iron ore development

Read more
24 Nov 2021 19:08

IN BRIEF: Alien Metals to acquire 30% interest in Munni Munni project

IN BRIEF: Alien Metals to acquire 30% interest in Munni Munni project

Read more
24 Nov 2021 13:53

Alien Metals agrees to buy JV interest in Munni Munni project

(Sharecast News) - Minerals exploration and development company Alien Metals has entered into a binding heads of agreement with ASX-listed Platina Resources, it announced on Wednesday, to conditionally acquire Platina's 30% joint venture interest in the Munni Munni platinum group metals and gold project in the West Pilbara region of Western Australia.

Read more
19 Nov 2021 06:46

IN BRIEF: Alien Metals hails latest Elizabeth Hill test findings

IN BRIEF: Alien Metals hails latest Elizabeth Hill test findings

Read more
11 Nov 2021 19:43

TRADING UPDATES: Beximco profit rises; Tremor buoyant as sales rise

TRADING UPDATES: Beximco profit rises; Tremor buoyant as sales rise

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.