Petrofac’s slide continues as RBC slashes price target
Some of the main risers and fallers in London at 3.45pm
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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Strategic Minerals posts maiden profit after 'watershed' year
Cobre, the business in New Mexico, saw revenues rise to US$1.55mln (US$1.25mln)
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A reverse takeover of Opera Investments is the method for the deal with the name of the company to be changed to Katoro Gold PLC to reflect the new business focus.
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Strategic Minerals takes full control of Hanns Camp as exploration pace quickens
John Peters, Strategic’s managing director, said CARE’s tenements will need extra funding to explore fully, something it can provide from its booming Cobre tailings business in New Mexico.
FTSE 100 rises as US non-farm payrolls report beats expectations
London's top tier index rose 22 points to 7,270.88 at 2.38pm after a better-than-expected US non-farm payrolls report
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Proactive weekly mining news – Goldplat, Strategic Minerals, Metal Tiger…
A look at the week’s highlighted news for the junior miners
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Proactive news round-up: Strategic Minerals, MySQUAR, Metal Tiger …
A glance at some of the stories on the Proactive newswire today
MySQUAR shares soar in afternoon deals
A look at some of the hot stocks in early deals on Friday
FTSE 100 ends tough week on a flat note
Friday was a bit of a wash-out, with the Footsie ending little changed after a rough week
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Proactive weekly mining news: Bacanora Minerals, Cadence Minerals, Arian Silver ...
A look at the week gone for newsflow from the junior and small cap miners
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Small caps movers: Investors take a shine to Arian Silver’s move into lithium
A look back at some of the week's more interesting stories from those on the junior market
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Proactive news round-up: Strategic Minerals, Dekeloil Public, Rose Petroleum …
A glance at some of the stories on the Proactive newswire today
Highlands take the low road
Highlands Natural Resources and Highland Gold Mining were both among the big losers today
Strategic Minerals tees up new Cobre contract as Galvin deal falls through
The new contract is for 400,000 tons of magnetite from the Cobre facility in New Mexico