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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: 0.25
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Strategic Minerals boosted by Australian copper mineralisation

Thu, 06th Dec 2018 15:49

(Sharecast News) - Strategic Minerals' shares surged on Thursday after intersecting "significant" copper mineralisation at its Leigh Creek Copper Mine (LCCM) project in South Australia.The mineralisation at the Rosmann East pit included 1.41% copper at a depth of 54m and 2.58% copper at a depth of 22m following the drilling of two reverse circulation holes to a total depth of 155m.John Peters, managing director of Strategic Minerals, said: "The SML board is exceptionally pleased with the recent progress LCCM has made towards the recommencement of copper production, with the start of the refurbishment programme. The prospect of the plant being ready ahead of schedule provides an opportunity to start copper production potentially earlier in the first half of 2019."The AIM traded company also launched a refurbishment programme to restart its Mountain of Light processing plant, which will allow for the restarting of operations in 2019."This progress is further enhanced by the excellent results from drilling below the historically mined Rosmann East pit. The drilling opens the potential not only to add significant resources but also provides the opportunity for the Rosmann East deposit to be a material additional feed into the Mountain of Light plant," said Peters.The managing director added that, to explore the possibility further, Strategic Minerals has allocated funds for additional diamond drilling and metallurgical testwork, with results expected in the first quarter of next year.Meanwhile, the company also said it has completed a 10 hole, 500m reverse circulation drilling programme to test for copper oxide potential between the Lynda and Lorna Doone deposits with only minor mineralisation returned in the assays.Strategic Minerals' shares were up 12.00% at 1.40p at 1553 GMT.
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3 May 2019 11:17

Strategic Minerals Achieves First Copper Cement Sale From Leigh Creek

LONDON (Alliance News) - Strategic Minerals PLC has sold its first copper cement from the Leigh Creek mine, it said Friday, weeks after first production.Strategic announced production from

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11 Apr 2019 13:47

Strategic Minerals Produces First Copper Cement At Leigh Creek

LONDON (Alliance News) - Strategic Minerals PLC on Thursday said copper production from its processing facility at the Leigh Creek copper mine has restarted.The Mountain of Light facility,

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11 Apr 2019 12:19

Strategic Minerals Quarter Suffers From Maintenance And Client Issues

LONDON (Alliance News) - Strategic Minerals PLC on Thursday said quarterly sales and production at its Cobre magnetite operations in the US were hurt by plant maintenance and issues with a major a

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8 Apr 2019 10:11

Strategic Minerals acquisition of remainder of Redmoor project advances

(Sharecast News) - Battery materials-focussed producing mineral company Strategic Minerals has been informed by New Age Exploration that it would not be required to refer its decision to sell its entire 50% shareholding in Cornwall Resources - the joint venture vehicle developing the Redmoor tin and tungsten project in Cornwall - to shareholders at a general meeting, it said on Monday.

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18 Mar 2019 12:49

Strategic Minerals Buys Remainder Of Redmoor Tin Tungsten Project

LONDON (Alliance News) - Strategic Minerals PLC said Monday it has agreed to buy the remaining 50% stake held in Cornwall Resources from its joint venture partner New Age Exploration acquisition a

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18 Mar 2019 11:45

Strategic Minerals to take 100pc stake in Cornwall Resources

(Sharecast News) - Strategic Minerals has entered into arrangements with New Age Exploration to acquire its entire 50% shareholding in Cornwall Resources - the joint venture vehicle developing the Redmoor tin and tungsten project in Cornwall, it announced on Monday.

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7 Mar 2019 15:14

Strategic Minerals schedules re-start at Mountain of Light facility

(Sharecast News) - Battery minerals company Strategic Minerals announced on Thursday that copper production was scheduled to start-up again at the Leigh Creek Copper Mine's 'Mountain of Light' processing facility in April, starting with the refurbishment and the trial reactivation of the existing processing plant and heap leach pads.

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7 Mar 2019 14:33

Strategic Minerals Ready To Get Going Again At Leigh Creek In April

LONDON (Alliance News) - Strategic Minerals PLC said on Thursday production is to re-start at Australia's Leigh Creek copper mine in April.Strategic Minerals has engaged PPM Global to a

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4 Mar 2019 12:52

Strategic Minerals To Issue Final 2.9 Million Shares For Leigh Creek (ALLISS)

LONDON (Alliance News) - Strategic Minerals PLC on Monday said it has arranged the issue of the final 2.9 million shares due to Resilience Mining Australia Ltd for the acquisition of Leigh Creek a

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4 Mar 2019 09:24

Strategic Minerals issues remaining shares for Leigh Creek acquisition

(Sharecast News) - Battery minerals-focussed Strategic Minerals announced on Monday that it has arranged the issuance of the remaining 2,866,730 shares due to Resilience Mining Australia, for the acquisition of the Leigh Creek Copper Mine.

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18 Feb 2019 13:14

Strategic Minerals Says Mountain Of Light Results Better Than Expected

LONDON (Alliance News) - Strategic Minerals PLC said Monday the assay results from the diamond drill programme at the Paltridge North and Rosmann East deposits at the Mountain of Light project in

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14 Feb 2019 11:49

Strategic Minerals Notes Trebling Of Redmoor Metal Estimate

LONDON (Alliance News) - Strategic Minerals PLC on Thursday said a mineral resource update from its Redmoor tin-tungsten mine in Cornwall has trebled the previous contained metal drilling at is by

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23 Jan 2019 11:17

Strategic Minerals Excited After "Impressive" Redmoor Drill Results

LONDON (Alliance News) - Strategic Minerals PLC on Wednesday said latest results from its drilling programme at the Redmoor tin-tungsten project are "exceptional".Every hole in a

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14 Jan 2019 11:42

Strategic Minerals Gets Early Extension To Cobre Stockpile Access

LONDON (Alliance News) - Battery minerals producer Strategic Minerals PLC on Monday said that its subsidiary, Southern Minerals Group, received an early rollover of access to the Cobre magnetite a

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6 Dec 2018 15:55

Strategic Minerals Commences Australia Mountain Of Light Refurbishment

LONDON (Alliance News) - Battery minerals producer Strategic Minerals PLC on Thursday said it has begun refurbishment at its Mountain of Light processing plant in south Australia, which may be of

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