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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 Lynda/Lorna Doone deposits. The project funding requirement to get production up and running at Paltridge North has now been reduced to US$2.2mln as a result of the adoption of an alternate mine schedule for processing and use of external contractors to undertake mining.

Quick facts: Strategic Minerals PLC

Price: 0.4825 GBX

AIM:SML
Market: AIM
Market Cap: £9.21 m
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Strategic Minerals welcomes 9th yearly rollover of access to Cobre magnetite...

Strategic Minerals PLC's (LON: SML)(USOTC:SMCDY) John Peters discusses with Proactive's Andrew Scott confirmation of the rollover of access to the magnetite stockpile in New Mexico as well as the impact of the recent significant rise in copper prices on the financial metrics of their Leigh Creek...

3 days, 8 hours ago

2 min read