LONDON (Alliance News) - Strategic Minerals PLC Thursday said its pretax loss has widened significantly in 2013 as higher revenues were offset by increased production costs and a USD14.4 million impairment charge. The magnetite iron-ore producer and exploration company with operations in th Read More

Strategic Minerals Executive Chairman Fyfe, Director Cardona Resign

13th May 2014 12:41

LONDON (Alliance News) - Strategic Minerals PLC said Tuesday that Executive Chairman James Fyfe and non-executive Director George Cardona have both resigned with immediate effect. The magnetite iron-ore producer and exploration company with operations in the US said that Julien McInally, a Read More

Strategic Minerals Appoints Directors

7th May 2014 09:27

LONDON (Alliance News) - Strategic Minerals PLC said Wednesday that it has appointed Julien McInally and Lyle Hobbs as Directors of the company with immediate effect. McInally will assume executive responsibility for the Company's interests in Australia and Hobbs will take on executive resp Read More

UK MIDDAY BRIEFING: Same Problems For M&S, WH Smith

10th Apr 2014 12:30

LONDON (Alliance News) - Retailers Marks & Spencer and WH Smith Thursday reported better performances than of late, but still saw their shares decline as analysts worried that they still have a lot to do to fix their long-standing issues. Marks Read More

UK WINNERS & LOSERS: M&S, WH Smith Drop Sharply After Early Strength

10th Apr 2014 10:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Resolution, up 1%. The firm said its insurance and pensions provider Friends Life is scrapping active member Read More

Strategic Minerals Raises GBP1 Million In Subscription

10th Apr 2014 10:20

LONDON (Alliance News) - Strategic Minerals PLC Thursday said that it has raised roughly GBP1 million from new investors through a share subscription, issued shares to mining giant Glencore AG to pay off an obligation, and had identified about GBP650,000 of annual cost cuts. The magnetite i Read More

Strategic Minerals Extends Stockpile Sales Contract At 50% Discount

4th Mar 2014 13:10

LONDON (Alliance News) - Strategic Minerals PLC Tuesday said its subsidiary Southern Minerals Group LLC has entered into a new agreement with Freeport-McMoRan Sales Company Inc to extend its rights at the Cobre magnetite stockpile in New Mexico. The company said the agreement provides for F Read More

Strategic Minerals CEO And Others Resign After Oust Attempt

10th Feb 2014 16:16

LONDON (Alliance News) - Strategic Minerals PLC said Monday that Chief Executive Officer Paul Harrison has resigned, following attempts by two minority shareholders to oust him in January. Harrison has stepped down with immediate effect. Also stepping down are Finance Director David Anderso Read More

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