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Strategic Minerals PLC

Strategic Minerals MD anticipates 'tsunami of cash' next year

Strategic Minerals PLC (LON:SML) managing director John Peters speaks to Proactive London's Andrew Scott after two recent announcements - one on first production at Leigh Creek and the other addressing operations at Cobre.

The first tonne of copper cement from Leigh Creek contained 70% copper and was processed at the Mountain of Light plant.

At the Cobre tailings facility in New Mexico, maintenance work by its two main customers meant deliveries of iron ore fell to 9,472 tonnes from 42,401t as they suspended operations.

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Price: £0.01

Market: AIM
Market Cap: £13.94 m
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Strategic Minerals now in full control of Cornish tin mine joint venture

Strategic Minerals PLC's (LON:SML) John Peters talks Proactive London through the restructuring of their purchase of the outstanding half of the Cornwall tungsten and tin mine joint venture at Redmoor. New Age Exploration will receive an upfront cash payment of A$300,000 for its 50% stake...

3 weeks, 6 days ago

2 min read