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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: 0.225
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Strategic Minerals schedules re-start at Mountain of Light facility

Thu, 07th Mar 2019 15:14

(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.The AIM-traded firm said it had engaged experienced operator PPM Global, which had previously worked at the Mountain of Light processing plant, to refurbish the existing plant and to manage the trial restart of operations.PPM Global had mobilised, and was currently on site, Strategic Minerals said.It explained that assay results from the 250-hole shallow air core programme confirmed the presence of residual copper in the existing heap leach pads, with reactivation of the existing heap leach pads fully-covered under existing permits.A feasibility study for the start of full scale production from the Paltridge North and Rosmann East deposits was said to be "well-advanced", with expected completion of resource estimation and economic evaluation scheduled for late in the second quarter of early in the third quarter."The trial re-activation of the heap leach operations and the extraction of copper through the soon to be refurbished processing plant provides a significant step to full scale production which is scheduled for late 2019 [or] early 2020," said Strategic Minerals managing director John Peters."While the restart of operations is expected to commence in April, shipment of our first copper is not expected for three months after commencement of operations."The engagement of PPM Global, an exceptionally experienced company who has previously operated the Mountain of Light plant, provides the company confidence in planned operations."
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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

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

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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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7 Mar 2024 10:06

AIM WINNERS & LOSERS: Strategic Minerals up on February sales

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

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8 Feb 2024 20:13

TRADING UPDATES: Seeing Machines revenue grows; Baron Oil strikes deal

(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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19 Jan 2024 10:34

AIM WINNERS & LOSERS: Big Technologies warns major contract to end

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

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18 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks recover poise after Wednesday sell-off

(Alliance News) - Stock prices in London closed higher on Thursday, recovering some lost ground after markets across the globe took a big hit on Wednesday on interest rate worries.

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18 Jan 2024 12:15

Strategic Minerals shares jump two-thirds as "major" client returns

(Alliance News) - Strategic Minerals PLC said that the client's return "augurs well for cash flow" in 2024, following a challenging period of absence.

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18 Jan 2024 11:47

LONDON MARKET MIDDAY: FTSE 100 subdued after Wednesday's slump

(Alliance News) - Stock prices in London stabilised at midday Thursday, following a slump on Wednesday and a busy morning of corporate updates.

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10 Nov 2023 11:39

IN BRIEF: Strategic Minerals shares down but DDC work complete

Strategic Minerals PLC - London-based miner with projects in New Mexico, South Australia and the UK - Says wholly owned subsidiary Cornwall Resources Ltd has completed all field activities at the Deep Digital Cornwall (DDC) project. Outputs include analytical data for 2,184 soil samples and a "highly detailed" ground gravity survey. Expects data to increase CRL's understanding of the larger licence area's prospectivity, and highlight potential target areas for future exploration. Analysis is ongoing, including targeting soil anomalies for further testing, field verification and indoor sampling. Company says soil sample results provide validation of the mineral prospectivity map announced in September.

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10 Nov 2023 10:00

Strategic Minerals upbeat on results of Cornwall digital project

(Sharecast News) - Strategic Minerals updated the market on its wholly-owned subsidiary, Cornwall Resources (CRL), and its participation in the 'Deep Digital Cornwall' (DDC) project on Friday.

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