Empire Metals Limited NPV (DI) (EEE)

Sector:

Mining

Index:

FTSE AIM All-Share

 6.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.40
  • 52 Week Low: 5.80
  • Currency: UK Pounds
  • Shares Issued: 634.56m
  • Volume: 61,121
  • Market Cap: £38.71m
  • RiskGrade: 397
  • Beta: 0.30

Empire Metals starts environmental assessment at Pitfield

By Josh White

Date: Wednesday 25 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Empire Metals announced on Wednesday that it has started environmental impact assessment studies for its Pitfield Project in Western Australia.
The AIM-traded firm said the studies, including ecology and baseline dust monitoring, were an essential step in the project's development and would support its planning and de-risking efforts as it moved through the permitting and approvals process toward commercialisation.

It said the assessments would provide critical data during the process design phase, helping to guide the project team through various development stages.

Empire Metals said it had engaged experienced consultants with extensive knowledge of environmental policy and legislation to carry out the studies.

The company was also focusing on maintaining strong relationships with local communities and stakeholders.

Early engagement and regular communication were being prioritised, the board said, to ensure that the relationships remained positive as the project progressed.

"I am pleased to announce the commencement of our environmental studies with the initial focus on ecology and dust monitoring," said managing director Shaun Bunn.

"Further studies are planned across a wide range of important topics, with particular focus on local stakeholders and communities.

"These studies will form part of an overall environmental impact assessment, a critical component of the approval process for the commercial development of the project."

Bunn said the company had the opportunity at Pitfield to deliver a world-class asset from both an economic and environmental perspective, with the early studies set to help deliver the optimum route for development for all stakeholders.

"At Empire Metals, we recognize the value of the land in which we operate and we respect the significance of these values to traditional owners, landowners and our communities.

"We are committed to conserving and improving these values through diligent environmental management and innovative project design.

"Empire is actively consulting with local community members and stakeholders and remains committed to making positive social and economic contributions to the communities in which we operate."

At 1238 BST, shares in Empire Metals were flat at 8.2p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

EEE Market Data

Currency UK Pounds
Share Price 6.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.40
52 Week Low 5.80
Volume 61,121
Shares Issued 634.56m
Market Cap £38.71m
Beta 0.30
RiskGrade 397

EEE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.85% below the market average54.85% below the market average54.85% below the market average54.85% below the market average54.85% below the market average
90.55% below the sector average90.55% below the sector average90.55% below the sector average90.55% below the sector average90.55% below the sector average
Price Trend
22.53% above the market average22.53% above the market average22.53% above the market average22.53% above the market average22.53% above the market average
45.99% above the sector average45.99% above the sector average45.99% above the sector average45.99% above the sector average45.99% above the sector average
Income Not Available
Growth Not Available

EEE Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
15:32 11,000 @ 6.06p
12:58 339 @ 6.19p
12:53 2,000 @ 6.00p
12:53 2,000 @ 6.00p
12:30 3,352 @ 6.19p

EEE Key Personnel

Finance Director Gregory Kuenzel ACA

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