FTSE 100 closes 30 points ahead as Dow Jones turns negative
The UK premier index added 0.43% on the day, while FTSE 250 added over 123 points at 19,690.
Company
LON:SML
Strategic Minerals is an AIM-quoted minerals explorer and producer. Its primary focus is accelerating the development of the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK. Redmoor is Europe’s highest grade undeveloped tungsten deposit and the second highest globally. Strategic Minerals’ strategy is to develop Redmoor into a leading source of critical and strategic minerals to provide resilience to western supply chains. Strategic Minerals is also underpinned by a revenue generating asset, with long-term distribution rights to the Cobre magnetite stockpile in New Mexico, USA which has been in production since 2012.
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The UK premier index added 0.43% on the day, while FTSE 250 added over 123 points at 19,690.
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A glance at this week’s top stories from London’s junior miners
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A glance at some of the day's highlights from the Proactive Investors newswire
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Andrea Williams, the new chief executive officer, is conducting a strategic review of the operating businesses and putting in place measures to stabilise the business, reduce operating costs and grow net fee income.
Copper production is scheduled to resume in about a year’s time at 200 tonnes per month
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New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
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A glance at some of the day's highlights from the Proactive Investors newswire
We have a good working relationship with the mine owner and, on this basis, it would suggest that the contract will ultimately continue to rollover until the entire stockpile is removed"
A look at some of the biggest risers and fallers in London on Friday
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in the London market on Wednesday
The UK blue chip index closed up 138 at 7,279 - above the day’s peak of 7,255.
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers in London on Tuesday...
FTSE 100, which has been hitting record highs over the past weeks, hit a five week low
The Redmoor tin-tungsten project is close to infrastructure and existing projects.
There was plenty of activity in the junior mining sector this past week.
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Further down the food chain, Avacta, the company behind the Affirma technology - small, engineered proteins that are capable of binding specific molecular targets - got a lift from a research report by Capital Network.
The AIM-listed company said it believes the project represents “a near-term, low-capex copper production opportunity with the potential for early cash flow generation
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A glance at some of the day's highlights from the Proactive Investors newswire
Premaitha is given a fillip by permission to appeal against High Court's decision on patent dispute
Eight of the holes indicated nickel above a grade of 0.63% with additional cobalt credits.
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“If he intended it, Treasury Secretary Steven Mnuchin has done a first class job of whacking the dollar,” declared Neil Wilson at ETX Capital. .
It is anticipated that binding contracts will be exchanged in the coming weeks
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
Strategic sold just shy of 31,000 tons of magnetite ore in the three months to the end of December, bringing in a record US$2.14mln
London's top tier index reached a new record high on Tuesday, led by supermarket shares
Berkeley Energia was among the the news highlights this past week.
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A glance at some of the day's highlights from the Proactive Investors newswire
We take a look at some of the major movers - risers and fallers - in London on Friday.
The company has now agreed renegotiated terms and will pay an equal mixture of cash and equity totalling A$3mln
A slump in the value of the pound was, as usual, a signal for investors to pile into FTSE 100 stocks
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A glance at some of the day's highlights from the Proactive Investors newswire
Vela Technologies PLC flying high after investee company bags deal with American Airlines
All five holes (the last in a programme of 20) hit much higher grades of metal than seen previously
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The FTSE 100 closed the day higher, as the weak pound helped, while other European indices lagged
An updated resource estimate is expected in the first quarter of 2018.
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Some of the biggest risers and fallers in London on Wednesday
Investments and investor services
London's blue-chip index closed the day lower but retailers and housebuilders did well, oh, and there was some Brexit news...
“These results are highly encouraging for the prospectivity of the mineralisation and provide a solid base for further exploration”
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A glance at some of the day's highlights from the Proactive Investors newswire
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
A resource update from Redmoor is expected early next year, following a string of good drill hits
Around 4pm, the UK blue chip index rose 2 points to 7,490
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
Oversubscribed placing adds strength to Strategic Minerals' balance sheet
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Around 4pm, the UK blue chip index fell 14 points to 7,490 as the Bank of England's interest rate decision looms
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers today in London
Strategic Minerals is set to acquire a near-term copper project in Australia
The UK blue chip index closed at 7,526, well below the session peak of 7,557.00 and close to the day’s low of 7,531.48
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Asiamet this week said it was increasingly confident it has found a new stand along polymetallic deposit at the BKZ prospect
Strategic Minerals PLC's John Peters and Peter Wale are in the Proactive studio on Friday 27 October.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
The cash flow serves to boost exploration activities elsewhere
The UK benchmark finished the day at 7,538, up 30.38 points
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some notable movers - risers and fallers- in London trade
Cash flow from the Cobre tailings operation is expected to accelerate in the second half
The price of tungsten has rallied 65% since the start of 2017.
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A look at some highlights from the world of small cap mining news
Gary Fietz discussed the tungsten price and latest assays with Proactive Investors.
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A glance at some of the day's highlights from the Proactive Investors newswire
A second phase of drilling is now planned that will see a further three to six holes
The thicknesses and grades of mineralisation exceeded expectations.
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A glance at some of the day's highlights from the Proactive Investors newswire
Subsidiary SMG sold US$999,000 (13,897 tons) worth of magnetite from the Cobre operation in August
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Some of the mining news highlights over the past week
The AIM-listed minerals production and development company said the first phase of the programme has been planned to consist of Air Core drilling approximately 2,500 metres through 50 holes
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London's FTSE 100 was trading steadily in Wednesday afternoon's exchanges.
Drilling results from Redmoor are expected around September 2017.
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A glance at some of the day's highlights from the Proactive Investors newswire
The AIM-listed firm said John Peters has provided a notice that he wishes to exercise options over 10 mln shares in the tranche, expiring 30 June 2018, at a price of 1p per share for a total of £100,000
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FTSE 100 closed Tuesday's afternoon session 64 points lower at 7,337
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A glance at some of the day's highlights from the Proactive Investors newswire
The FTSE dipped 6 points to 7,401 points after Janet Yellen left monetary policy out of her Jackson Hole speech
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A look at the world of Proactive's small cap mining news highlights