Strategic Minerals finds nickel, platinum traces at Hanns Camp
16th Jun 2016 16:21
(ShareCast News) - Strategic Minerals, the multi-minerals production, exploration and development company, said it had completed the maiden drill at its Hanns Camp project in Australia with encouraging prospects for nickel and possibly platinum. The company added that it had also received the first
Read moreStrategic Minerals shares soar as Hanns Camp drill hole finds nickel sulphates
31st May 2016 13:01
(ShareCast News) - Strategic Minerals shares soared as the company reported that the first drill hole at its Australian Hanns Camp project has intersected nickel sulphides. The sulphides present include pentlandite and exist in a low level disseminated form at approximately 286m downhole, it said
Read moreRevenues slide but losses narrow at Strategic Minerals
23rd May 2016 15:46
(ShareCast News) - Minerals production and development company Strategic Minerals announced its final numbers on Monday, with a cash position of $1.05m on 31 December 2015. The AIM-traded firm said that during the year, it secured an early agreement to extend the Cobre mining rights to March 2017, a
Read moreStrategic Minerals outlines plan for Hanns Camp
21st Apr 2016 15:09
(ShareCast News) - Strategic Minerals was pressing ahead with its Hanns Camp nickel-copper sulphide project in Western Australia, having lodged a permit of work with the state's Department of Mines. Hanns Camp is part of the Laverton Project, which Strategic holds a 50% interest in through its recen
Read moreStrategic Minerals' CEO buys new shares showing confidence in the troubled business
20th Jul 2015 16:45
(ShareCast News) - Strategic Minerals' chief executive bought 3m new shares in the mineral company showing confidence in the troubled business. John Peters bought the shares for an individual price of 0.6p, spending a total of £18,000. Following the transaction, Peters holds 8.7m shares in the grou
Read moreStrategic Minerals handed control of Kiwi coal licence
16th Jul 2015 12:15
(ShareCast News) - AIM-listed mine developer Strategic Minerals has been handed control of a key coal licence by the New Zealand government, which the company said was a "crucial stepping stone" in its plans. SML's interest in the Tatu coal project in the North Island of the country began with its a
Read moreStrategic Minerals CEO shows confidence with purchase of 4.7m shares
6th Jul 2015 15:27
The chief executive of Strategic Minerals bought 4.7m shares in the company which last week was hit by a "misinterpretation" of an annual general meeting statement. John Peters purchased 4.7m shares for an individual price of 0.5p, spending a total of £23,500. Following the transaction, Peters hold
Read moreStrategic Minerals slides on "misinterpretation" of AGM statement
2nd Jul 2015 08:41
Shares in miner Strategic Minerals (SML) took a hit after investors interpreted an annual general meeting statement as meaning the company urgently needed to take on further projects to continue as a viable business. In an announcement released on the day of Strategic Mineral's AGM, managing directo
Read moreStrategic Minerals appoints coal veteran Alan Broome as new chairman
30th Jun 2015 08:26
Strategic Minerals appointed mining veteran Alan Broome as its new chairman, to drive the diversified mineral development and production company's growth strategy forward. Broone has worked in coal and other resource management for over 40 years and is currently chairman of ASX listed company New Ag
Read moreStrategic Minerals hits 12-month low after discount fundraising
10th Apr 2014 13:59
Shares in Strategic Minerals took a dive late on Thursday morning after the company issued a swathe of new shares at a massive discount. The AIM-listed magnetite iron ore producer and explorer raised approximately £1m before expenses from new investors at the price of 0.8p, with the shares having
Read moreStrategic Minerals 'on track to meet target' production
23rd Apr 2013 11:11
AIM-listed Strategic Minerals, the magnetite iron ore producer and exploration company, has reported that it has shipped 172,000 tonnes of magnetite iron ore so far in 2013. The company further disclosed that it is on track to meet a target of 600,000 tonnes this year. The statement came after the
Read moreStrategic Minerals raises funds to develop Cobre Mine in New Mexico
7th Feb 2013 13:08
Strategic Minerals, a magnetite iron ore producer and exploration company, has raised 4.2m pounds before expenses through the placing of around 102.67m new ordinary shares at 4.5p each. The funds mean the company is now fully financed for its current operations. The proceeds will mostly be used
Read moreStrategic Minerals makes first shipment from Cobre mine
22nd Nov 2012 08:32
Strategic Minerals, a magnetite iron ore producer and exploration company, has announced the start of full-scale production and completion of its first export market shipment from its magnetite tailings deposit at the Cobre Mine in New Mexico. The company said that following this first sale, which
Read moreSmall caps round-up: Amerisur, Orchid, Herencia...
13th Feb 2012 12:10
Amerisur Resources, an oil and gas producer and explorer, has mobilised the work rig D-6 to the Platanillo Field, Colombia. Once the unit is rigged up and tested, the Platanillo-2 well will be re-entered and worked over. The work over programme will evaluate the previously untested formation over a
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