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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

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Strategic Minerals confirms first sale of copper cement from Leigh Creek

Fri, 03rd May 2019 14:53

(Sharecast News) - Battery materials-focussed mineral company Strategic Minerals announced on Friday that the Leigh Creek Copper Mine operation had made its first sale of copper cement produced at the Mountain of Light processing facility.The AIM-traded firm said sale of the copper had commenced with an initial shipment of give tonnes of copper cement, containing about 70% copper.Production from the re-activated heap leach pads was continuing in line with management's expectations, the board said, adding that total production from the existing heap leach pads was forecast to be in the range of 150 tonnes to 180 tonnes of copper in cement.An offtake agreement was in place with Adchem on "attractive" commercial terms for all expected production."This first sale of high grade copper concentrate, in the form of cement, firmly establishes LCCM as SML's second cash generating project," said Strategic Minerals managing director John Peters."The initial sale, whilst relatively small, demonstrates the board's commitment to test all aspects of the LCCM operation meticulously prior to launching a full scale re-start of operations."The current re-start activities have provided the management team with valuable insight into operational techniques at LCCM and will form the blueprint for the larger production activities at Paltridge North and Rosmann East."Peters said those were currently the focus of a feasibility study which was due for completion in the second half of 2019."Full operational production is scheduled for commencement late 2019 [or] early in 2020."
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9 Jul 2024 11:05

Strategic Minerals reports record sales in June quarter

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9 Jul 2024 10:49

AIM WINNERS & LOSERS: Strategic Minerals up as quarterly revenue jumps

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21 Jun 2024 13:16

Strategic Minerals widens loss after incurring USD8.9 million impairment

(Alliance News) - Strategic Minerals PLC on Friday reported weaker financial performance as the company contends with falling sales and a lack of funding.

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21 Jun 2024 13:08

Strategic Minerals swings to full-year pre-tax loss

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10 May 2024 16:39

EARNINGS AND TRADING: Asiamet Resources declares special dividend

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10 Apr 2024 14:34

Strategic Minerals doubles first quarter revenue at Cobre operation

(Alliance News) - Strategic Minerals PLC on Wednesday said sales at its Cobre operation have returned to normal.

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10 Apr 2024 12:06

Strategic Minerals reports jump in Cobre sales revenue

(Sharecast News) - Strategic Minerals said in an update on Wednesday that in the March quarter, sales revenue from Cobre totalled $0.841m, marking an increase of over 100% compared to the same period in 2023.

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20 Mar 2024 11:06

Strategic Minerals inks rights deal with the Duchy of Cornwall

(Sharecast News) - Strategic Minerals announced on Wednesday that its wholly-owned subsidiary Cornwall Resources (CRL) has finalised an exclusivity and prospecting agreement with the Duchy of Cornwall to advance the commercialisation of mineral rights in the East Cornwall and Tamar Valley region.

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20 Mar 2024 10:04

Strategic Minerals jumps as increases footprint in Cornwall fourfold

(Alliance News) - Strategic Minerals PLC shares rose on Wednesday, after it said that a mineral rights agreement has been signed with the Duchy of Cornwall.

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20 Mar 2024 09:55

AIM WINNERS & LOSERS: Abingdon Health rises on Boots agreement

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7 Mar 2024 14:15

Strategic Minerals celebrates six-year record for Cobre February sales

(Alliance News) - Strategic Minerals PLC on Thursday celebrated a six-year high for February sales at Cobre, as well as its highest monthly sales tonnage since March 2021.

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7 Mar 2024 12:36

Strategic Minerals reports record-breaking sales from Cobre

(Sharecast News) - Strategic Minerals reported record-breaking sales figures for February at its Cobre magnetite stockpile on Thursday.

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AIM WINNERS & LOSERS: Strategic Minerals up on February sales

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(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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