Globe Metals & Mining Says Kanyika Community Legal Proceedings Formally Withdrawn

MT Newswires Live

1 hour ago

Globe Metals & Mining (ASX:GBE) said long-running legal proceedings brought by members of the Kanyika community against Globe Metals & Mining (Africa) and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.

The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.

Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides "greater certainty" for the project to continue progressing towards development.

The company's shares fell 2% on market close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.imtigers.com/news/2667658809"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2667658809\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2667658809?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-14 14:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2667658809","market":"sg","top_or_hot":-1,"title":"Globe Metals & Mining Says Kanyika Community Legal Proceedings Formally Withdrawn","media":"MT Newswires Live","content":"<html><body><p> Globe Metals &amp; Mining (ASX:GBE) said long-running legal proceedings brought by members of the Kanyika community against Globe Metals &amp; Mining (Africa) and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.</p><p>The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.</p><p>Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides \"greater certainty\" for the project to continue progressing towards development.</p><p>The company's shares fell 2% on market close.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Globe Metals & Mining Says Kanyika Community Legal Proceedings Formally Withdrawn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobe Metals & Mining Says Kanyika Community Legal Proceedings Formally Withdrawn\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-14 14:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Globe Metals &amp; Mining (ASX:GBE) said long-running legal proceedings brought by members of the Kanyika community against Globe Metals &amp; Mining (Africa) and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.</p><p>The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.</p><p>Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides \"greater certainty\" for the project to continue progressing towards development.</p><p>The company's shares fell 2% on market close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4535","symbol_name":"淡马锡持仓","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2667658809","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667658809","pubTimestamp":1789366644,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Globe Metals & Mining  said long-running legal proceedings brought by members of the Kanyika community against Globe Metals & Mining  and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides \"greater certainty\" for the project to continue progressing towards development.The company's shares fell 2% on market close.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4535":"淡马锡持仓","PICK":"iShares MSCI Global Metals & Mining Producers ETF","GBE.AU":"GLOBE METALS AND MINING LTD","BK7095":"多种金属与采矿"},"translate_title":"Globe Metals & Mining 表示 Kanyika 社区法律诉讼正式撤回","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GBE.AU":1,"PICK":1.5},"content_text":"Globe Metals & Mining (ASX:GBE) said long-running legal proceedings brought by members of the Kanyika community against Globe Metals & Mining (Africa) and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides \"greater certainty\" for the project to continue progressing towards development.The company's shares fell 2% on market close.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}