Lunnon Metals (ASX: LM8) — Company Overview, News & Financial Data
Lunnon Metals is focused on nickel sulphide discovery and development in Western Australia, targeting growth.
Lunnon Metals
Lunnon Metals is a mineral exploration and development company focused on discovering and developing gold and nickel deposits in Western Australia. The company holds significant project areas located in the Kambalda nickel district and St Ives gold district, approximately 560 kilometres east of Perth. Its portfolio includes the Kambalda Nickel Project, featuring high-grade nickel sulphide deposits such as the Baker deposit and Foster nickel mine, as well as emerging gold prospects like Lady Herial. Lunnon Metals aims to leverage existing regional infrastructure and processing facilities to advance its dual commodity projects toward future production.
Snapshot
Operations
Products and/or services of Lunnon Metals
- Nickel Sulphide Reserves: High-grade nickel sulphide mineral deposits located in Western Australia's Kambalda district, featuring defined mineral resources and underground reserve definitions evaluated for toll treatment and processing through established regional facilities.
- Shallow Nickel Development: High-grade shallow nickel sulphide deposits in Western Australia featuring defined mineral resources, geotechnical studies, and underground development plans positioned close to existing regional mining and haulage infrastructure.
- Underground Nickel Mine Restarts: Historical underground nickel mining infrastructure and remaining nickel sulphide mineralisation located in Western Australia, undergoing feasibility evaluation, mine access restoration, and targeted drilling for future production restarts.
- Nickel Exploration and Resource Expansion: Prospective nickel sulphide targets along historical mineralised trends in Western Australia, undergoing systematic diamond drilling and structural geological modeling to delineate additional shallow high-grade nickel mineralisation.
- Historical Underground Nickel Assets: Historical underground mining corridors in Western Australia possessing identified nickel sulphide mineralisation, structural geological extensions, and prospective drill targets undergoing systematic resource extension and development testing.
- Gold Mineral Exploration: Near-surface gold exploration prospects located in Western Australia featuring shallow high-grade drill intercepts, ongoing reverse circulation drilling programs, and target definition across prospective regional structural corridors.
Lunnon Metals executive team
- Ed AinscoughMD & Director
- Aaron Charles WehrleExploration & Geology Manager
- Helen AndersonManager of Environment, Social & Governance
- Nicole JeanneretManager of Corporate & Company Secretary
Latest news about Lunnon Metals
Gold Fields to acquire Kambalda Nickel Concentrator
AustraliaLunnon Metals signs contracts to begin Lady Herial mining
AustraliaLunnon Metals greenlights Lady Herial mine after feasibility study
AustraliaLunnon Metals’ Lady Herial Gold Project delivers $40M pre-tax cash flow
AustraliaLunnon Metals strikes gold at Paringa West prospect
AustraliaLunnon Metals secures final approval for Lady Herial Gold Project
Australia
Recent announcements
What Lunnon Metals (LM8) has told the market, newest first.
- Thick, High-Grade Gold Results De-Risk Lady Herial 2Price sensitive
- BHP Reports Kambalda Nickel Concentrator TransactionPrice sensitive
- Notice of Annual General Meeting/Proxy Form
- Ceasing to be a substantial holder
- Lady Herial Gold Open Pit UpdatePrice sensitive
Key financials
Reported results for Lunnon Metals, in AUD.
- Market cap
- 70.5M
- Revenue (TTM)
- 40.7M
- P/E ratio
- 6.2
- EPS (diluted, TTM)
- 0.1
- Dividend yield
- —
- Profit margin
- 30.1%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 40.7M | 11.7M | 12.2M | |
| 914.5K | -9.2M | -13.2M | |
| 1.6K | -11.9M | -24.1M | |
| 7.5K | -18.5M | -17.7M |