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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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Airlines, hotels and cruise operators moved lower amid tourism concerns
The location of the bulk sample is likely to be the access point for underground operations
Investments and investor services
Motive Television and Range Resources also had news out on Monday.
Strategic added it expects to complete its bulk sample programme at Tatu by the end of the year.
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It was a mixed day but mining featured prominently.....
Glencore acquired the stake when Strategic Mineral’s main focus was iron ore.
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If you're a fan of interim results statements, today was dedicated to you.
Sainsbury's fuelled rise by forecasting annual profits above expectations
Strategic Minerals' first half was transformational and saw it move into profitability at the Cobre operation in New Mexico and buy a stake in the Tatu coal project in New Zealand...
Investments and investor services
Sainsbury's forecasted annual profits above expectations
Atlanctic Coal, Strategic Minerals and African Potash all had significant news out this week...
Investments and investor services
On ‘Black Monday’ investors were sent running as China concerns caused a panic, but in the world of small caps, a few were able to buck the trend.
Serving local markets in New Zealand could provide near term cash flow and provide shelter from coal price
A commercial coal mine at the Tatu project in New Zealand moved step further to fruition.....
Investments and investor services
The FTSE 100 was 14 points to the good, at around 6,789.
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Rambler Metals rose after it completed its pre-feasibility study.
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Shares in Jubilee Platinum soared today on disposal news....
Shares in Strategic Minerals rose as its plans to develop the Tatu coal mine in New Zealand moved on a step....
Jubilee Platinum led the risers as it sold its smelter and power operations in South Africa for £5.8mln. Rurelec led the fallers.