Check out our new Timeline feature to give you the latest updates on all the stocks you follow. Clickhere to set up your Timeline.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.25
Bid: 0.20
Ask: 0.30
Change: 0.025 (11.11%)
Spread: 0.10 (50.00%)
Open: 0.25
High: 0.25
Low: 0.25
Prev. Close: 0.225
SML Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Strategic Minerals Commences Australia Mountain Of Light Refurbishment

Thu, 06th Dec 2018 15:55

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 ready ahead of schedule.

Shares in Strategic Minerals were up 9.8% at 1.37 pence on Thursday afternoon.

The refurbishment programme will, according to Strategic Minerals, enable copper processing operations to restart in 2019.

"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," said Strategic Minerals Managing Director John Peters.

In addition, Strategic Minerals announced the results from drilling at its Leigh Creek copper mine, also in south Australia, where significant copper mineralisation was intersected.

At the Rosmann East deposit, below the existing pit, 54 metres at 1.4% copper was found at hole RER18-02, and at hole RER18-01 50 metres at 0.4% copper was identified.

In addition, Strategic Minerals completed a 10-hole, 500 metres reverse circulation drilling programme testing for copper oxide potential between the Lynda and Lorna Doone deposits at Leigh Creek. Only minor mineralisation was returned from these assays.

"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. To explore this possibility further, the company has allocated funds for additional diamond drilling and metallurgical testwork," said Peters.

Results of this testwork are expected to be available in the first quarter of 2019.

More News
9 Nov 2020 14:35

IN BRIEF: Strategic Minerals Says Leigh Creek Funding Needs Lower

IN BRIEF: Strategic Minerals Says Leigh Creek Funding Needs Lower

Read more
16 Oct 2020 06:59

IN BRIEF: Strategic Minerals Notes Strong Cobre Revenue

IN BRIEF: Strategic Minerals Notes Strong Cobre Revenue

Read more
12 Oct 2020 13:56

Strategic Minerals upbeat on third quarter progress at Cobre

(Sharecast News) - Strategic Minerals updated the market on its third quarter on Monday, reporting "sustained solid" sales growth in the three months ended 30 September, with a 55% year-on-year rise in sales revenue at the Cobre, New Mexico magnetite operation.

Read more
6 Oct 2020 19:28

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

Read more
6 Oct 2020 13:30

Strategic Minerals upbeat on latest study from Redmoor

(Sharecast News) - Battery minerals company Strategic Minerals announced on Tuesday that its wholly-owned subsidiary Cornwall Resources (CRL) has received a positive updated mining scoping study and financial assessment from its consultants Wardell Armstrong International (WAI).

Read more
15 Sep 2020 14:01

Strategic Minerals Swings To Interim Profit, Confident On Second Half

Strategic Minerals Swings To Interim Profit, Confident On Second Half

Read more
10 Sep 2020 16:01

UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market

UK TRADING UPDATE SUMMARY: Prime People Hurt As Covid Hits Job Market

Read more
1 Sep 2020 18:05

UK TRADING UPDATE SUMMARY: Gear4music Confident In Annual Outlook

UK TRADING UPDATE SUMMARY: Gear4music Confident In Annual Outlook

Read more
24 Aug 2020 14:32

IN BRIEF: Strategic Minerals Expects Updated Redmoor Financial Model

IN BRIEF: Strategic Minerals Expects Updated Redmoor Financial Model

Read more
24 Aug 2020 12:20

Strategic Minerals upbeat on progress at Redmoor

(Sharecast News) - Strategic Minerals updated the market on progress at its Redmoor Tin and Tungsten project on Monday, which is held by its wholly-owned subsidiary Cornwall Resources (CRL).

Read more
14 Jul 2020 21:49

IN BRIEF: Strategic Minerals Sales Surge In Second Quarter Of 2020

IN BRIEF: Strategic Minerals Sales Surge In Second Quarter Of 2020

Read more
25 Jun 2020 18:10

IN BRIEF: Strategic Minerals Becomes Debt Free After Loan Repayment

IN BRIEF: Strategic Minerals Becomes Debt Free After Loan Repayment

Read more
24 Jun 2020 11:58

Strategic Minerals Swings To Annual Loss On Impairment Charges

Strategic Minerals Swings To Annual Loss On Impairment Charges

Read more
8 Jun 2020 15:38

Strategic Minerals Secures GBP100,000 From Broker Option

Strategic Minerals Secures GBP100,000 From Broker Option

Read more
4 Jun 2020 18:06

Strategic Minerals Raises GBP1 Million Via Equity Issue

Strategic Minerals Raises GBP1 Million Via Equity Issue

Read more

Track Your Investments

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.