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Strategic Minerals boosts sales at Cobre and is assessing options to advance flagship projects

Strategic Minerals PLC's (LON:SML) John Peters tells Proactive London's Andrew Scott they've boosted sales at the Cobre magnetite project in the US, despite the disruption of the coronavirus pandemic. Quarterly sales were up 89% on quarter-end June 2019 and ahead 38% year-on-year. Peters says that they're enjoying a noticeable increase in interest in the Leigh Creek copper project in Australia, as the copper price recovers and adds that the team has continued to work on processing and analysing historical data at the Redmoor project in Cornwall.

Quick facts: Strategic Minerals PLC

Price: 0.38 GBX

AIM:SML
Market: AIM
Market Cap: £6.51 m
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Strategic Minerals PLC - AGM Q+A

  The team at Strategic Minerals PLC (LON:SML) answer shareholder questions following its annual general meeting. Joining Proactive London's Andrew Scott were Alan Broome, Peter Wale, John Peters and Jeff Harrison.

2 weeks ago

2 min read