Gaming Realms surges after striking deal with SG Digital
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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 says early modelling of its Cornish tin and tungsten project points to its world-class potential
A preliminary assessment of the underground potential of the Redmoor asset was carried out by the consultants Wardle Armstrong
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Strategic Minerals books profits on Cobre production, continues to fund development internally
Strategic Minerals continues to use cash flow from Cobre to fund development work elsewhere
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FTSE 100 closes higher and global stocks rally as trade fears seem to ease
On Wall Street, the Dow Jones Industrial Average is up 287 points at the time of writing
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Strategic Minerals now just a couple of weeks away from full control of Redmoor
Strategic's John Peters says Redmoor has the potential to become a world-class mine
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Strategic Minerals makes first sales from Leigh Creek operation
An initial shipment of five tonnes came from the Mountain of Light processing facility.