CAPITAL MARKETS

Pima signs Mt Hutton native tile agreement

PROSPECTIVE magnesium producer Pima Mining said this morning its SAMAG subsidiary has signed a mining native title agreement with the Adnyamathanha people - the final hurdle left to overcome before granting of a mining lease and permit to mine.

Greg Tubby

Pima will issue 500,000 fully-paid shares to the Adnyamathanha trust as part of the agreement, which covers the proposed mining of magnesite from the Mt Hutton mine and includes construction of a haul...

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