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Strategic Minerals boosts sales at Cobre and is assessing options to advance flagship projects

Strategic Minerals PLC's (LON:SML) John Peters tells Proactive London's Andrew Scott they've boosted sales at the Cobre magnetite project in the US, despite the disruption of the coronavirus pandemic. Quarterly sales were up 89% on quarter-end June 2019 and ahead 38% year-on-year. Peters says that they're enjoying a noticeable increase in interest in the Leigh Creek copper project in Australia, as the copper price recovers and adds that the team has continued to work on processing and analysing historical data at the Redmoor project in Cornwall.

Quick facts: Strategic Minerals PLC

Price: 0.411 GBX

Market: AIM
Market Cap: £7.13 m

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Strategic Minerals' John Peters details new economic review of Leigh Creek

Strategic Minerals PLC's (LON:SML)(USOTC:SMCDY) John Peters speaks to Proactive's Andrew Scott after publishing the results of a review of the Leigh Creek copper mine project, and a report in relation to the anticipated capital and operating costs associated with planned production at the...

2 weeks ago

2 min read