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Strategic Minerals (SML) Share News

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Strategic Minerals Pretax Loss Widens On Costs, Impairment

29th May 2014 10:09

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 <strong>Marks &amp; Spencer</strong> and <strong>WH Smith</strong> 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.<br /><br />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

Strategic Minerals Minority Shareholder Attempts To Oust Board

30th Jan 2014 13:21

LONDON (Alliance News) - Strategic Minerals PLC Thursday said two minority shareholders have called for a general meeting at which they will try to oust Chief Executive Paul Harrison, Chairman James Fyfe and Finance Director David Anderson from their positions. The calls to oust the directo Read More

Draganfly Blames Weak Share Performance For Net Assets Fall

27th Jan 2014 13:25

LONDON (Alliance News) -Draganfly Investments Ltd Monday said its net assets fell to 0.60 pence from 0.65 pence in the six months to the end of October last year because of a weaker performance from its remaining quoted holdings. "This outcome reflects a weaker performance from our remainin Read More

UK MIDDAY BRIEFING: Bank Of England Now Focused On Productivity

24th Jan 2014 12:41

LONDON (Alliance News) - Bank of England Governor Mark Carney Friday signaled that rising productivity will now be the key factor that decides when the central bank will start to tighten monetary policy, and any tightening will be a slow, gradual process.<br /><br />In a speech at the World Ec Read More

UK WINNERS & LOSERS: Cairn Falls As Indian Tax Department Gets In Touch

24th Jan 2014 10:58

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Weir Group, up 0.2%. The engineering company said it had won a USD98 million, or GBP59 million, two-year contract to provide Read More

Strategic Minerals See Strong Sales But Knows No Reason For Share Gains

24th Jan 2014 09:07

LONDON (Alliance News) - Strategic Minerals PLC Friday said it generated strong revenues in 2013 but knows of no reason for its recent share price movement. Strategic Minerals shares were down 25% to 1.60 pence, putting it in the top AIM losers in early trading Friday, after the company exp Read More

UK MORNING BRIEFING: Shares Open Higher On Interest Rate Assurance

24th Jan 2014 08:15

LONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates.<br /><br /><strong>Royal Mail</strong> has reported a 2% increase in like-for-like revenues for th Read More

Strategic Minerals Shares Drop 15% As Losses Widen, Costs Jump

30th Sep 2013 12:07

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