Strategic Minerals Share News (SML)

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.

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.

AIM WINNERS & LOSERS: Argentex rises despite "disappointing" outlook

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

Strategic Minerals subsidiary inks partnership with Oxford Sigma

(Sharecast News) - Strategic Minerals announced a significant partnership through its wholly-owned subsidiary Cornwall Resources (CRL) on Wednesday, aimed at exploring and developing critical mineral supply chains, mainly focusing on tungsten for the burgeoning fusion industry.

Strategic Minerals notes tungsten-focused memorandum by subsidiary

(Alliance News) - Strategic Minerals PLC on Wednesday highlighted the UK government's critical minerals strategy as it noted that its subsidiary Cornwall Resources Ltd signed a memorandum of understanding with nuclear fusion technology company Oxford Sigma Ltd.

IN BRIEF: Strategic Minerals half-year profit and revenue plunge

Strategic Minerals PLC - London-based mining company with projects in New Mexico, South Australia and the UK - Says pretax profit in the six months ended June 30 fell 78% to USD54,000 from USD248,000 a year prior, as revenue plunged to USD782,000 from USD1.3 million the year before. Notes a "significant drop" in sales at its Cobre project in New Mexico. Non-executive Chair Alan Broome says: "I look forward to further progressing our key strategic goals in 2023 and pushing onto a brighter 2024."

Strategic Minerals slides after company update

(Sharecast News) - Strategic Minerals updated the market on its ongoing projects on Friday, reporting that its subsidiary Cornwall Resources (CRL) had been actively working to expand its mineral footprint in the resource-rich Cornwall area.

Strategic Minerals says Cornwall Resources prosperity fund bid fails

(Alliance News) - Strategic Minerals PLC said on Friday that Cornwall Resources Ltd was working towards resubmitting an application to the Cornwall and Isle of Scilly Council Shared Prosperity Fund, after its first application for its Redmoor project was unsuccessful.

UK shareholder meetings calendar - next 7 days

Strategic Minerals optimistic as profit jumps after tough two years

(Alliance News) - Strategic Minerals PLC on Wednesday said its annual profit increased despite a drop in revenue and difficulties facing its Cobre stockpile, and said it was encouraged by its outlook after a "testing" two years.

TRADING UPDATES: PetroTal average quarterly production up

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

AIM WINNERS & LOSERS: FireAngel 2023 earnings below expectations

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

Strategic Minerals magnetite sales from Cobre mine in US fall in 2022

(Alliance News) - Strategic Minerals PLC on Thursday reported a decline in magnetite sales from its Cobre operation in the US state of New Mexico.

AIM WINNERS & LOSERS: Allergy Therapeutics plunges as results delayed

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

Strategic Minerals expects new PEPR lodgement to be faster than before

(Alliance News) - Strategic Minerals PLC on Thursday said that its subsidiary, Leigh Creek Copper Mine Pty Ltd, has lodged an application for a new Program for Environmental Protection & Rehabilitation with South Australia's Department of Energy & Mining.