Archive
Proactive news summary, including Audioboom, Strategic Minerals, Kefi Minerals and Metal Tiger
A mixed news bag with oil titan BP (LON:BP.) taking the stage late on.
Company
Strategic Minerals PLC
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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Strategic Minerals is about creating income, says MD
Strategic Minerals is all about creating income streams and ultimately dividends, according to managing director John Peters and newly appointed chairman Alan Broome, who are now steering the company.
Strategic Minerals to look for more bolt-ons
More small resource projects with near term cash flows that supply local markets wil be bought.
Investments and investor services
Risers and Fallers including Motive TV, Concha, Phorm, Proteome Sciences, Hargreaves Services...
Phorm was a big loser again today while Motive TV has added a record feature to its over-the-top television app sending shares higher.
Strategic Minerals delight as coal veteran takes chair
Alan Broome takes the chair just a few months after Strategic Minerals tied up the acquisition of the Tatu coal mine in New Zealand.
Investments and investor services
Proactive news summary: Alba Mineral, Caledonia Mining, Doriemus, ECR Minerals, Egdon, Europa Oil...
Plenty of scope for confusion today, with similarly named companies vying for attention with UK onshore oil developers.
Investments and investor services
Risers & fallers: Hardide, Mobile Streams, Auhua Clean Energy, Verona Pharma
Auhua Energy rebounded while Urals Energy jumped ahead of its final results on Friday.
UPDATE - Strategic MInerals eyes 20 year mine at Tatu
First sales of thermal coal are on track for the first half of 2016.