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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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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....

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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Strategic 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...

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