Strategic Minerals initiates trenching and auger exploration with a view to extending the footprint at Redmoor
Strategic Minerals has a diverse portfolio of assets and is already generating cash from a US operation
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 secures funding award for Cornish project
Strategic Minerals has a diverse portfolio of assets, and is generating significant cash in the US
Strategic Minerals highlights strong quarterly sales from Cobre project
The mineral producer reported sales from the New Mexico magnetite project of US$747,000 in the final quarter of 2020, up from US$713,000 a year ago, while tonnage from the site increased to 12,845 tonnes from 12,202
Strategic Minerals raises £700,000, encouraged by rise in copper price
The company said it needs to renew equipment at the Cobre magnetite stockpile
Strategic Minerals cuts cost of likely development at Leigh Creek Copper project
Strategic Minerals is already producing profitably from operations in America
The renaissance of mining in South-West England continues apace, as Cornish Lithium, Strategic Minerals and Tungsten West all start to deliver
The UK mining industry looks set to make a comeback in its traditional home
Strategic Minerals enjoys considerable boost to magnetite production at Cobre
Strategic Minerals has a diverse portfolio of assets around the world
Strategic Minerals boosts economic potential of Redmoor with updated scoping study
Strategic Minerals has a diverse portfolio of assets across a variety of jurisdictions
Strategic Minerals books profit for six months to June, as Cobre operations shine
Strategic Minerals also has a copper asset in Australia
Strategic Minerals advances environmental permitting for Leigh Creek
There is an increased likelihood that 2021 will see the full-scale re-commencement of operations at Leigh Creek, according to the company's managing director, John Peters
Strategic Minerals to enhance mine project documentation as it advances toward 2021 start-up at Leigh Creek
The company sees significant cash flows during 2021 as the copper mine goes online
Strategic Minerals appoints Natural Resources Global Capital Partners to advise on options for Redmoor
Strategic Minerals has a diverse portfolio of mining assets
Strategic Minerals reports progress on many fronts during a strong second quarter
Strategic Minerals has assets in the US, the UK and Australia
Strategic Minerals repays loan for Redmoor project in Cornwall
The repayment of the NAE loan removes overhang issues said Strategic Minerals
Strategic Minerals eyes restart of Leigh Creek project copper mine
The producer and explorer said that it has the “timing luxury” to extract the maximum value from the investments
Strategic Minerals identifies Cobre litigant as CV Investments
CV Investment's principal Brenda Smith has been charged for running a Ponzi scheme in relation to her mutual funds operations
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Strategic Minerals completes fundraising to pay remaining balance of Redmoor acquisition
The company has raised the funds through a share placing and subscription and is also allowing existing investors to subscribe for up to 22.2mln new shares through a broker option
Strategic Minerals awarded US$21.9mln, as arbitration now moves to US District Court
The company says it is "heartened by the arbitrator's decision".
Strategic Minerals lodges draft environment protection and rehabilitation program for Leigh Creek copper mine
The company said the program was “an important step to full re-opening of operations and producing copper" at the South Australian project