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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
Company
Strategic Minerals PLC
LON:SML
Strategic Minerals is an AIM-quoted minerals explorer and producer. Its primary focus is accelerating the development of the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK. Redmoor is Europe’s highest grade undeveloped tungsten deposit and the second highest globally. Strategic Minerals’ strategy is to develop Redmoor into a leading source of critical and strategic minerals to provide resilience to western supply chains. Strategic Minerals is also underpinned by a revenue generating asset, with long-term distribution rights to the Cobre magnetite stockpile in New Mexico, USA which has been in production since 2012.
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TechFinancials shares advance as it offloads struggling business
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Strong sales at Cobre once again as Strategic Minerals gears up for production at Leigh Creek
Cash generated from Strategic’s ever-reliable Cobre magnetite tailings project is funding the development of Leigh Creek – a copper project which Strategic hopes to get into production soon
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FTSE 100 closes lower amid more political noise; Pearson biggest laggard
The UK's blue-chip index closed down around 32 points at 6,862 on the day
Strategic Minerals jumps as subsidiary obtains extension to access Cobre magnetite stockpile
The firm said the contract exchanged granted access to the stockpile until 31 March 2020, with annual access to automatically rollover on 31 March each year thereafter
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Proactive weekly mining highlights: Kodal Minerals, Kibo Energy, Regency Mines...
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Proactive news snapshot: Strategic Minerals, Kodal Minerals, e-Therapeutics, Ceres Power …
A glance at some of the day's highlights from the Proactive Investors newswire
Strategic Minerals surges as it confirms new copper mineralisation at Leigh Creek project
The mineral producer also said it had begun a refurbishment programme to restart the Mountain of Light processing facility
Investments and investor services
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FTSE 100 has worst day in over two years as Huawei CFO arrest sends shockwaves through markets
Footsie closed down 217 points today to 6,704, with 7,000 now seemingly a distant memory. .
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Strategic Minerals to identify nickel targets at Hanns Camp through EM survey
The ground-based survey follows air core drilling earlier in 2018