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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

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Share Price: 0.185
Bid: 0.17
Ask: 0.20
Change: -0.005 (-2.63%)
Spread: 0.03 (17.647%)
Open: 0.19
High: 0.19
Low: 0.185
Prev. Close: 0.19
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Australia shares gain for first day in 4; NZ also up

Wed, 04th Apr 2018 07:50

* Aussie and NZ shares of a2 Milk among top gainers on bothbenchmarks

* CBA, NAB and Westpac reverse trend to end higher(Updates to close)

By Susan Mathew

April 4 (Reuters) - Australian shares snapped a three-daylosing streak to end higher on Wednesday as real estate andconsumer stocks perked up after positive home building andretail sales data.

The S&P/ASX 200 index closed up 0.2 percent, or 9.5points, at 5,761.4.

Investors bought real estate stocks after data showed thatthough approvals to build new homes eased 6.2 percent inFebruary, overall home building is holding up better than manyanalysts had expected, with strength showing through in detachedhouses where approvals hit their highest in almost two years.

Mall operator stocks Scentre Group and propertydeveloper Mirvac Group rose 2.4 percent and 1.4percent, respectively.

Consumer stocks took heart from data showing that Australianretail sales rebounded, beating expectations, a sign thatconsumers may be coming out of the doldrums and contribute toeconomic growth.

Infant formula maker Bellamy's Australia, up 7.1percent, and dairy company a2 Milk, up 5.1 percent,were the top gainers on the benchmark.

Three of the 'Big four' were back in the black, after havingfallen earlier in the session, ending 0.3 percent to 0.8 percenthigher, while ANZ continued to fall.

On the ASX All Ordinaries index, Blue SkyAlternative Investments was the worst performer, down18.6 percent, as it resumed trading after U.S. short-sellerGlaucus Research Group claimed it had overstated its size,exaggerated performance and over-valued assets.

New Zealand's benchmark S&P/NZX 50 index fell 0.8percent, or 68.15 points, to finish the session at 8,398.08.

Dairy companies led gains with Synlait Milk rising 4.6percent and a2 Milk gaining 3.6 percent.

Air New Zealand climbed 3.6 percent. The airlinecompany said it would not renew its alliance with VirginAustralia, covering flights between the two countries, ending a7-year alliance between the two companies.

Virgin Australia shares ended 4.4 percent lower after theannouncement.(Reporting by Susan Mathew in Bengaluru; Editing by KimCoghill)

More News
3 Oct 2018 09:08

Strategic Minerals Elects To Go Ahead With Further Drilling At Redmoor

LONDON (Alliance News) - Strategic Minerals PLC on Wednesday said it and its partners have agreed to move to phase two drilling at its Redmoor tin-tungsten project.This decision follows one

Read more
19 Sep 2018 14:07

Strategic Minerals Gets "Best" Drilling Results From Redmoor To-Date

LONDON (Alliance News) - Strategic Minerals PLC said Wednesday it received the "best results" to date from the first two holes of the Redmoor drilling programme in south-east company in

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13 Sep 2018 14:50

Strategic Minerals exchanges contracts for sale of CARE gold targets

(Sharecast News) - Producing mineral company Strategic Minerals has now exchanged contracts for the sale of certain tenements identified as gold targets, currently owned by its wholly owned subsidiary Central Australian Rare Earths (CARE) to ASX-listed Great Southern Mining (GSN), it announced on Thursday.

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13 Sep 2018 12:08

Strategic Minerals Sells Gold Tenements To Fund Hanns Camp Drilling

LONDON (Alliance News) - Strategic Minerals PLC on Thursday said it agreed to sell four tenements, identified as gold targets, to Australia-listed Great Southern Mining Ltd.The exploration

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3 Sep 2018 11:39

Strategic Minerals To Sell CARE Gold Tenements For AUD145,000 (ALLISS)

LONDON (Alliance News) - Strategic Minerals PLC said Monday it entered into an agreement for the sale of certain tenements, identified as gold targets, to Great Southern Mining Ltd.The said

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3 Sep 2018 11:24

Strategic Minerals selling gold targets as it focusses on battery elements

(Sharecast News) - Producing mineral company Strategic Minerals has signed an in principle agreement in relation to the divestments of certain tenements that had been identified as gold targets, currently owned by its wholly-owned subsidiary Central Australian Rare Earths, to ASX-listed Great Southern Mining subject to a one week due diligence and effective transfer of title, it announced on Monday.

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22 Aug 2018 11:20

Strategic Minerals Reports Progress On Redmoor Tin Tungsten Project

LONDON (Alliance News) - Miner Strategic Minerals PLC said on Wednesday its joint venture partner New Age Exploration Ltd has funded 50% of the development costs of phase one of the Redmoor tin in

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22 Aug 2018 10:55

Strategic Minerals pleased with work at Redmoor

(Sharecast News) - Producing mineral company Strategic Minerals updated the market on its interest in the Redmoor tin tungsten project in Cornwall on Wednesday, reporting that its joint venture partner New Age Exploration (NAE) had now funded its 50% of the Phase 1 development costs.

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8 Aug 2018 15:22

Strategic Minerals appoints second largest shareholder to executive director role

(Sharecast News) - Strategic Minerals on Wednesday appointed Peter Wale, the company's second largest shareholder, as executive director with immediate effect.

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8 Aug 2018 13:39

Strategic Minerals Moves Second Biggest Shareholder To Executive Role

LONDON (Alliance News) - Strategic Minerals PLC said Wednesday that it has promoted Peter Wale from a non-executive to an executive director with immediate effect.Wale is the mining second

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19 Jun 2018 11:38

Strategic Minerals Completes Drilling Programme On Australian Projects

LONDON (Alliance News) - Mining company Strategic Minerals PLC said on Tuesday it has completed a 65 hole, 3.9 kilometre aircore drilling programme at the Hanns Camp and Mount Weld projects in 25

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13 Jun 2018 12:57

Strategic Minerals Begins Technical Assessment Of Leigh Creek Mine

LONDON (Alliance News) - Strategic Minerals PLC said Wednesday it has started the technical assessment of the Leigh Creek Copper Mine in south Australia.Strategic Minerals said a technical

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12 Jun 2018 16:14

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 13 JuneDCCWPPREA HoldingsSinclair PharmaWitan Pacific 14

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25 May 2018 13:13

Strategic Minerals To Undertake Further Drilling At Cornwall Project

LONDON (Alliance News) - Strategic Minerals PLC said Friday it is to undertake further drilling at its Redmoor project in Cornwall, UK, at a cost of GBP332,000.The tin, tungsten, copper had

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23 May 2018 12:01

Strategic Minerals Sales Multiply To Send Profit Soaring In 2017

LONDON (Alliance News) - Strategic Minerals PLC said that its profits multiplied last year due to a threefold increase in domestic sales at its New Mexico magnetite stockpile.The mining for

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