logo-loader

Strategic Minerals quickly building up pieces of the puzzle with copper acquisition

Published: 01:22 17 Oct 2017 AEDT

Strategic Minerals chairman Alan Broome and director Peter Wale tell Proactive's Andrew Scott they've entered into a binding term sheet to acquire, subject to due diligence, the Leigh Creek copper mine in South Australia from Resilience Mining Australia.

The project represents a near-term low-capex copper production opportunity with early cashflow generation potential.

They also update on developments at Redmoor and CARE as well as giving a few words following on from Cobre's quarter of record sales.

New Age Exploration advancing Redmoor and Otago, exploring Lochinvar options

New Age Exploration Ltd (ASX:NAE) chairman Alan Broome provides Proactive Investors with a thorough update on the company's international portfolio of assets. The UK Redmoor project, being developed in JV with Strategic Mineral PLC (LON:SML), is advancing at an opportune time with respect...

on 15/2/19