Promising results from Alien Metals’ Hancock Iron Ore Project

Alien Metals has achieved a significant milestone in the development of its Hancock iron ore project in the central Pilbara region of Western Australia, with the grant of a 21-year term mining lease. The mining lease,

The Western Australia Department of Mines, Industry Regulation and Safety has granted Aim-listed Alien Metals a mining lease for the Hancock iron-ore project. This represents a key milestone on the pathway towards development of the project and provides Alien with security of tenure for a

Iron ore futures rose for a second straight session on Thursday, underpinned by heightened expectations of growing demand in top consumer China on the back of improved downstream demand and steel margins. The most-traded September iron

Iron ore futures prices extended their rise to hit the highest level in multiple weeks on Monday, bolstered by an obvious reduction in shipments and hopes that top consumer China will roll out more stimulus to

Iron ore futures prices extended gains to a second straight session on Tuesday, underpinned by mounting hopes of improving demand for the key steelmaking ingredient in top consumer China in the coming weeks. The most-traded September

Dalian iron ore futures rose on Tuesday after a five-session slide, as Chinese buyers ramped up purchases ahead of public holidays later in the week. The most-traded September iron ore on China’s Dalian Commodity Exchange DCIOcv1 closed up

Silver prices on Wednesday marginally rose Rs 18 to Rs 74,536 per kilogram in futures trade as participants widened their bets on a firm spot demand. On the Multi Commodity Exchange, silver contracts for May delivery

Alien Metals announced a short-term funding facility worth up to AUD 2m (£1.03m) via a convertible loan note on Friday. The AIM-traded firm said the funding injection aimed to address immediate capital needs, while fueling ongoing exploration

Prices of iron ore futures rebounded on Monday after upbeat data in top consumer China renewed hopes for a pick-up in steel demand in coming weeks and as some traders liquidated their short positions. The most-traded

The international silver price surged 7.8 percent yesterday from the start of the month, growing at a faster rate than that of gold which soared to an all-time high that day, as the precious metal that

Amid a turbulent economic landscape, gold and silver prices have recently cemented significant gains, propelled by a burgeoning safe-haven demand. This surge has notably buoyed shares in the mining sector, with Randgold Resources and Fresnillo emerging

Dalian iron ore futures prices extended gains into a second consecutive session on Wednesday, helped by renewed hopes of demand recovery in top buyer China following an improving steel market, although persistent worries about its embattled

Alien Metals Ltd (LON:UFO) is a global minerals exploration and development company that will shortly make the transition to iron ore producer. The company was formed from Arian Silver in late 2018, retaining some of the companies

In the Pilbara region of Australia, Alien Metals’ Hancock Iron Ore Project shows great promise, boasting an updated mineral resource estimate of 8.4 million tonnes at 60% iron. The project’s strong financials, extensive exploration prospects, and