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Pin to quick picksStrategic Minerals Share News (SML)

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Strategic Minerals In Advanced Talks For Two Potential Coal Projects

Mon, 30th Mar 2015 14:31

LONDON (Alliance News) - Strategic Minerals PLC said Monday it is in advanced talks with the vendor of a thermal coal project, and has also signed a letter of intent giving it a six month exclusivity period to undertake due diligence for a coal mine in Jilian Province, China.

The company noted there can be no guarantee either of these discussions will lead to it completing an acquisition.

The news follows a jump in Strategic Minerals share price Monday. Shares in the company are trading up 18.6% at 0.623 pence Monday afternoon, having risen to 0.69 pence earlier in the day.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
25 May 2018 13:13

Strategic Minerals To Undertake Further Drilling At Cornwall Project

LONDON (Alliance News) - Strategic Minerals PLC said Friday it is to undertake further drilling at its Redmoor project in Cornwall, UK, at a cost of GBP332,000.The tin, tungsten, copper had

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23 May 2018 12:01

Strategic Minerals Sales Multiply To Send Profit Soaring In 2017

LONDON (Alliance News) - Strategic Minerals PLC said that its profits multiplied last year due to a threefold increase in domestic sales at its New Mexico magnetite stockpile.The mining for

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26 Apr 2018 15:16

Strategic Minerals Makes Progress In South Australia And New Mexico

LONDON (Alliance News) - Strategic Minerals PLC said on Thursday it has adopted a strategy to restart operations at the Leigh Creek copper mine in South Australia, expecting to start full in a for

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4 Apr 2018 07:50

Australia shares gain for first day in 4; NZ also up

* Aussie and NZ shares of a2 Milk among top gainers on both benchmarks * CBA, NAB and Westpac reverse trend to end higher (Updates to close) By Susan Mathew April 4 (Reuters)

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28 Mar 2018 15:01

Strategic Minerals' Australian Arm To Explore Mount Weld Tenements

LONDON (Alliance News) - Strategic Minerals PLC said on Wednesday that its subsidiary Central Australian Rare Earths will undertake an initial exploration drilling programme a

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27 Mar 2018 06:51

Australia shares bounce on easing trade war worries; NZ rises too

* Aussie shares erase previous day's losses * Materials, industrials lead gains on ASX * Consumer staples, utilities boost NZ shares (Updates to close) March 27 (Reuters)

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21 Mar 2018 05:48

Australia shares end higher as banks rebound; NZ at record

* Investors return to bank stocks as inquiry worries fade * Commodity stocks higher on firm metal, oil prices * NZ closes at record ahead of RBNZ policy meeting (Updates to Devika 21

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21 Mar 2018 01:30

Australia shares cautious ahead of Fed; NZ hits record on Synlait earnings

* Aussie shares trade flat, Fed in focus * Synlait pushes New Zealand to record high By Christina Martin March 21 (Reuters) - Australian shares were as in

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6 Feb 2017 16:21

Strategic Minerals ups stake in Cornwall Resources Ltd

(ShareCast News) - Diversified mineral production and development company Strategic Minerals has exercised its remaining option to purchase further shares in Cornwall Resources Ltd. "The funding of the option payment now sets the framework in place for progressing the 2017 Redmoor tin/tungsten drill

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6 Feb 2017 09:17

Strategic Minerals Ups Stake In Redmoor Venture To 50%

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12 Jan 2017 09:31

Strategic Minerals Venture Appoints Exploration Manager

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21 Nov 2016 17:13

DIRECTOR DEALINGS SUMMARY: Strategic Minerals MD Bolsters Stake

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21 Nov 2016 12:54

DIRECTOR DEALINGS: Strategic Minerals MD Buys 1.3 Million Shares

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15 Nov 2016 14:43

Strategic Minerals' Redmoor Venture Changes Name, Tenders Issued

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14 Nov 2016 14:11

Strategic Minerals agrees to provide funding to Central Australia Rare Earths

(ShareCast News) - Multi-minerals production, exploration and development company Strategic Minerals announced on Monday that it has agreed, in conjunction with its joint venture partner Rarus, to provide funding to Central Australia Rare Earths. The AIM-traded firm said the AUD 0.15m funding is for

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