Sign up
Mining Capital

Cobre deal could be a 'game-changer' for Strategic Minerals, says John Peters

Strategic Minerals PLC (LON:SML) has potentially picked up a substantial new customer for its iron ore tailings business, Cobre, in New Mexico.

Before the contract becomes effective, Galvin Investment Company (GIC) must provide a US$100,000 Letter of Credit from an acceptable bank.

Managing Director John Peters tells Proactive he's treading with some caution until the full contract is signed.

 

View full SML profile

Strategic Minerals Timeline

View All

© mining Capital 2017

Mining Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed mining companies to interact with institutional and highly capitalised investors.
Headquartered in London, Mining Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.