Hastings Group shares fall as UBS downgrades on lack of near term catalysts
A look at some of the biggest risers and fallers in London on Tuesday
Company
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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A look at some of the biggest risers and fallers in London on Tuesday
The acquisition of the near-term copper project at Leigh Creek adds a further string to Strategic's bow
The UK premier index added 0.43% on the day, while FTSE 250 added over 123 points at 19,690.
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Andrea Williams, the new chief executive officer, is conducting a strategic review of the operating businesses and putting in place measures to stabilise the business, reduce operating costs and grow net fee income.
Copper production is scheduled to resume in about a year’s time at 200 tonnes per month
Investments and investor services
New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
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A glance at some of the day's highlights from the Proactive Investors newswire
We have a good working relationship with the mine owner and, on this basis, it would suggest that the contract will ultimately continue to rollover until the entire stockpile is removed"
A look at some of the biggest risers and fallers in London on Friday
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in the London market on Wednesday
The UK blue chip index closed up 138 at 7,279 - above the day’s peak of 7,255.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers in London on Tuesday...
FTSE 100, which has been hitting record highs over the past weeks, hit a five week low
The Redmoor tin-tungsten project is close to infrastructure and existing projects.
There was plenty of activity in the junior mining sector this past week.