FTSE 100 shares tip higher, engineers in vogue ahead of Trump card
FTSE 100 stocks ended on a high on Tuesday after rangebound trading for much of the session, with engineers leading light gains
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 extends access to Cobre tailings
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Strategic Minerals bullish over Cornish tin mine as its up stake to 50%
John Peters, Strategic Minerals’ managing director, said: "We are pleased to report on further progress being made towards bringing the Redmoor Tin/Tungsten project into production. "We are confident that the 2017 drilling programme at the
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John Peters, Strategic Minerals managing director, said that Cobre’s record sales would mean a maiden profit in 2016.
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Strategic Minerals has a diversity of assets, including the Cobre magnetite operation in New Mexico and the Redmoor tin and tungsten project in Cornwall
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