Sign up
Mining Capital

Cobre 'continuing to generate substantial cash' for Strategic Minerals Plc

John Peters, managing director of Strategic Minerals Plc (LON:SML), tells Proactive's Andrew Scott that sales volumes at the Cobre magnetite operations in New Mexico, US, remain strong.

Peters says due to the strong sales and the arrangements put in place with Cobre's major client, it generated US$927,000 in cash flow from the assets in the September quarter.

 

View full SML profile View Profile
View All

© mining Capital 2018

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.