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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

London Stock Exchange
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Share Price: 0.28
Bid: 0.26
Ask: 0.30
Change: 0.00 (0.00%)
Spread: 0.04 (15.385%)
Open: 0.28
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Strategic Minerals' Australian Arm To Explore Mount Weld Tenements

Wed, 28th Mar 2018 15:01

LONDON (Alliance News) - Strategic Minerals PLC said on Wednesday that its subsidiary Central Australian Rare Earths will undertake an initial exploration drilling programme at the Mount Weld tenements in western Australia.

The minerals company plans to drill around 2,600 meters to get the samples of gold and rare earth elements for testing.

Strategic Minerals said that eastern Yilgarn Craton province, where Rare Earths currently holds lands, has a range of mineral deposits, including nickel sulphide, gold and mount weld.

The group said it plans to start the first phase of exploration in April and hopes to fund it using the company's existing cash flows. The drilling is subject to department of mines, industry regulation and safety approval.

Strategic Minerals Chairman Alan Broome said: "It is pleasing to see that the ongoing technical review of the extensive exploration database for the CARE tenements by our geological team has identified a number of targets considered prospective for gold, nickel and REE mineralisation within the Mount Weld group of tenements."

The stock was trading 4.0% lower at 1.73 pence per share on Wednesday afternoon.

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Today 14:15

Strategic Minerals extends deadline for Leigh Creek option payment

(Alliance News) - Strategic Minerals PLC on Friday said it has agreed to a 14-day extension for a payment by Axis Mining & Minerals Pty Ltd, which would grant Axis an exclusive call option for the acquisition of the Leigh Creek copper mine in South Australia.

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Today 14:02

Strategic Minerals grants 14-day extension to potential Leigh Creek purchaser

(Sharecast News) - Strategic Minerals announced on Friday that it has granted a 14-day extension to the purchaser of the Leigh Creek Copper Mine regarding payment for an exclusive call option to acquire the asset.

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25 Apr 2025 17:12

UK shareholder meetings calendar - next 7 days

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17 Apr 2025 11:52

IN BRIEF: Strategic Minerals raises GBP1 million for mine in Cornwall

Strategic Minerals PLC - London-based miner has projects in South Australia, the US state of New Mexico, and the UK - Raises GBP1 million from the placing of 333.3 million new shares at 0.3 pence each. The fresh equity will fund work on the Redmoor tungsten-tin-copper mine in Cornwall. The placing was run by brokers Zeus Capital Ltd and SP Angel Corporate Finance LLP. The new shares represent 16.5% of the expanded total for Strategic Minerals.

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16 Apr 2025 09:55

AIM WINNERS & LOSERS: Strategic Minerals raises GBP1 million

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.

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8 Apr 2025 06:59

Strategic Minerals gets UK grant for Redmoor project in Cornwall

(Alliance News) - Strategic Minerals PLC on Monday said subsidiary Cornwall Resources Ltd has finalised grant funding for more than GBP764,000 from the UK government.

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4 Apr 2025 18:29

TRADING UPDATES: Strategic Minerals sales up; 4Global wins contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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3 Apr 2025 11:02

AIM WINNERS & LOSERS: Strategic Minerals posts quarterly sales growth

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday.

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3 Apr 2025 10:51

Strategic Minerals reports increased sales volume at Cobre

(Sharecast News) - Strategic Minerals reported a 38% year-on-year increase in sales volumes from its Cobre magnetite operation in New Mexico for the March quarter on Thursday, with 17,162 tonnes sold and revenue rising 41% to $1.18m.

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11 Feb 2025 14:22

Strategic Minerals finds further tungsten and copper at Cornwall site

(Alliance News) - Strategic Minerals PLC on Tuesday said it has identified additional tungsten and copper mineralisation at the Redmoor Project in Cornwall, England.

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20 Jan 2025 13:11

TRADING UPDATES: Checkit deal wins; Tertiary Minerals silver find

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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29 Nov 2024 11:58

Strategic Minerals upbeat on UK critical minerals report

(Sharecast News) - Strategic Minerals was upbeat on Friday after news that tungsten and tin, key components of its wholly-owned Redmoor polymetallic tungsten deposit, retained their designation as 'critical minerals' in the 2024 UK Criticality Assessment.

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28 Nov 2024 14:34

Strategic Minerals extends Cobre access for two more years

(Sharecast News) - Strategic Minerals announced a two-year extension to its access agreement for the Cobre magnetite stockpile in New Mexico on Thursday, pushing the expiration date from 31 March 2027 to 31 March 2029.

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28 Nov 2024 12:24

IN BRIEF: Strategic Minerals gets two-year extension for Cobre access

Strategic Minerals PLC - Says its access to the Cobre magnetite stockpile in New Mexico has been extended by two years to March 31, 2029. The firm has also received a new purchase order for 2025 for up to 30,000 tonnes from one of its "major clients". Executive Director Mark Burnett says: "Combined with a significant new purchase order, this [extension] should underpin the revenue profile for Strategic Minerals into 2025 and beyond and provide scope to expand operations across the portfolio of Strategic Minerals assets." It expects full-year sales at Cobre to exceed USD4.5 million.

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28 Nov 2024 10:57

AIM WINNERS & LOSERS: eEnergy deal win; James Latham warns on recovery

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday.

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