Strategic Minerals presses ahead with drilling campaign at Iron Glen project
Strategic Minerals (LON:SML) today reported progress from the ongoing drilling campaign at its flagship Iron Glen iron ore prospect in Queensland, Australia. The company revealed that reverse...
View ArticleStrategic Minerals says £10 million Ebony deal gives it early production and...
Strategic Minerals (LON:SML) this morning unveiled plans to buy private Australian firm Ebony Iron for an initial £10 million, which will be paid in shares. The deal brings with it the potential of...
View ArticleStrategic Minerals enhanced with promise of early iron ore production
Amid last week’s gloomy markets Strategic Minerals (LON:SML) shares bucked the trend, rising more than 10 per cent. This came as the group unveiled plans to augment its exploration activities with the...
View ArticleStrategic Minerals looks to exciting future as it posts interim results
Strategic Minerals (LON:SML), which listed on AIM in June and raised £750,000 in a placing, said it is looking forward to an exciting future as it revealed its interim results today.The figures cover...
View ArticleStrategic Minerals completes "transformational" acquisition of Ebony Iron
Strategic Minerals (LON:SML) revealed today it had completed what it called the "transformational" purchase of private Australian firm Ebony Iron.The deal was first announced on August 19 and today the...
View ArticleStrategic Minerals announces iron ore resource of 1.57mln tonnes at Cobre...
Strategic Minerals (LON:SML) revealed today an iron ore resource for its Cobre magnetite tailings asset in New Mexico and announced loan deals worth A$1.8 million.In an update, the AIM-quoted firm said...
View ArticleStrategic Minerals on track for rail transport from Cobre magnetite property...
Strategic Minerals (LON:SML) is on track to to achieve planned rail freighted shipments from its Cobre magnetite tailings asset in New Mexico to customers towards the end of the first quarter 2012.In a...
View ArticleStrategic Minerals on track for rail transport from Cobre magnetite property...
Strategic Minerals (LON:SML) is on track to to achieve planned rail freighted shipments from its Cobre magnetite tailings asset in New Mexico to customers towards the end of the first quarter 2012.In a...
View ArticleStrategic Minerals says Cobre magnetite shipments remain on track
Strategic Minerals (LON:SML) remains on track to achieve planned rail freighted shipments from its Cobre magnetite tailings asset in New Mexico to customers around the end of the first quarter 2012....
View ArticleStrategic Minerals raises further £370,000
Iron ore focused Strategic Minerals (LON:SML) revealed today it had raised a further £370,000 through a placing to advance its current programmes in North America and Australia.It comes after the firm...
View ArticleStrategic Minerals makes its first shipment from Cobre
Strategic Minerals (LON:SML) announced this morning it earned its first revenue from the Cobre stockpile project in New Mexico. Shipments totalling 1,200 tonnes of magnetite iron ore were made to an...
View ArticleStrategic Minerals deal with Glencore a "huge tick in the box" for Cobre
Strategic Minerals (LON:SML) this morning received a "huge tick in the box" for its Cobre iron ore project in New Mexico in the form of a supply agreement with Glencore International (LON:GLEN), the...
View ArticleStrategic Minerals buoyed by Glencore tie-up; broker says miner may target...
Shares in Strategic Minerals (LON:SML) were up strongly after signing a supply agreement with Glencore International, the world’s largest commodity trader.At 2pm the shares were changing hands at 11.75...
View ArticleStrategic Minerals transformation continues with the appointment of boardroom...
Iron ore specialist Strategic Minerals (LON:SML) this morning beefed up its board with the heavyweight appointment of George Cardona as non-executive director. Currently a director with Russia’s MDM...
View ArticleStrategic Minerals raises £3.125 million for final payment for Cobre rail...
Iron ore specialists Strategic Minerals (LON:SML) has raised £3.125 million via a placing for the final payment for rail upgrade work at its New Mexico site. The cash will also be used to develop...
View ArticleStrategic Minerals appoints new chairman and chief executive
Magnetite iron ore producer Strategic Minerals (LON:SML) has appointed a new chairman and chief executive. They are respectively James Fyfe, a business consultant with finance experience, and Paul...
View ArticleStrategic Minerals puts finishing touches to rail link at Cobre
Strategic Minerals (LON:SML) has successfully completed the rehabilitation and upgrade of the rail link to its magnetite iron ore deposit in New Mexico. Shipments can now be made from the Cobre Mine...
View ArticleStrategic Minerals successfully completes rail test at Cobre
Strategic Minerals (LON:SML) has successfully carried out a test shipment of iron ore by rail from its Cobre stockpile, paving the way for full deliveries to start from the tailings deposit. The...
View ArticleStrategic Minerals confident of starting exports from Cobre soon
Strategic Minerals (LON:SML) is confident it can start exporting magnetite iron ore soon from its Cobre mine in New Mexico. The company said it was “particularly disappointed” with the collapse of the...
View ArticleStrategic Minerals hires new finance director
Strategic Minerals (LON:SML) today revealed it has hired David Anderson as its new finance director. The magnetite iron ore producer and explorer, which has stockpiles in New Mexico, USA as well as...
View ArticleStrategic Minerals soars as first export shipment completes
Shares in Strategic Minerals (LON:SML) jumped by a fifth as it completed its first iron ore shipment from the Cobre tailings deposit in New Mexico, with full production now also underway. The FOB (free...
View ArticleUPDATE: Strategic Minerals soars as first export shipment completes
--adds background-- Shares in Strategic Minerals (LON:SML) powered higher as it confirmed it had hit full production from the Cobre tailings deposit and completed its first shipment to Glencore...
View ArticleStrategic Minerals' £4.2 mln placing receives strong institutional backing
Strategic Minerals (LON:SML) has completed a £4.2mln share placing with institutional investors. The fundraiser was priced at 4.5 pence, which represents a modest discount to the 60-day average share...
View ArticleStrategic Minerals chairman hails placing success, says focus now on cash...
The focus now for Strategic Minerals (LON:SML) is cash generation, said chairman James Fyfe after the group completed a £4.2mln share placing, which received strong institutional backing. The cash...
View ArticleStrategic Minerals bids adieu to non-exec Sanders
Iron ore play Strategic Minerals (LON:SML) said non-executive director Steven Sanders has stepped down from the board with immediate effect, for personal reasons. "The board would like to thank Steven...
View ArticleStrategic Minerals upbeat after massive progress in 2012
Strategic Minerals (LON:SML) said its off-take agreement and other existing sales relationships in the US give it a solid base for growth. Reporting on its 2012 results, the magnetite iron ore producer...
View ArticleStrategic Minerals rakes in $38mln from Cobre
Strategic Minerals (LON:SML) has revealed its Cobre stockpile in New Mexico generated revenues of around US$38mln in the 2013 fiscal year. That is some way above the US$6mln the AIM-listed magnetite...
View ArticleStrategic Minerals reveals calls to remove directors
Two of Strategic Minerals’ (LON:SML) shareholders have called for a general meeting to reshuffle the board. Lenark Investment Trust and Kifaco Investment, which have a combined holding of around 5.7%,...
View ArticleStrategic Minerals agrees two year extension to Cobre tailings contract
Strategic Minerals (LON:SML) has extended its contract with US giant Freeport-McMoRan over the Cobre magnetite stockpile in New Mexico, but at a much lower price than the previous agreement. The new...
View ArticleStrategic Minerals, Botswana Metals and Queensland Bauxite among Friday’s...
Friday’s leading volume stocks on the ASX. NameCodeLastChangeVolume Strategic Minerals ASX:SMC $0.035 -2.778% 406,772,562 Botswana Metals ASX:BML $0.025 4.167% 52,309,741 St Barbara ASX:SBM $0.120...
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