Investments and investor services
FTSE 100 closes flat as war of words over Syria continues
AstraZeneca is under the weather after being downgraded but Shaftesbury is a hot property on bid speculation
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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Investments and investor services
AstraZeneca is under the weather after being downgraded but Shaftesbury is a hot property on bid speculation
A look at the week’s highlighted news for the junior miners
Some of the largest rises and fallers at 3pm: Frontera, Franchise Brands, Starcom
The first phase of drilling at the Redmore project is expected to be completed in the third quarter
Archive
A look at the week’s highlighted news for the junior miners
Cornwall's once proud mining heritage is enjoying the early stages of a renaissance
Private group Galvin Investment Company (GIC) will take up to 350,000 tons of magnetite (iron ore) at a market based price
Some the main risers and fallers in London at 2.45pm: Quadrise, Concha, Oilex
Investments and investor services
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
A punchy 1.31p price target could rise if a drilling programme in Cornwall is a success.
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
Council approval has come through and the first exploration hole is expected to be drilled at the end of the month.
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Archive
Some the largest share price rises and fall in London at 3pm: Webis, Wey Education, ValiRx
Cobalt readings are significant said Strategic, adding that no analysis for the element had previously been carried out.