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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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