Strategic Natural rises on report details
Shares in Strategic Natural rose after it said the company compiling its resource update was including newly identified areas.
Shares in Strategic Natural rose after it said the company compiling its resource update was including newly identified areas.
The South African miner has commissioned Minxcon to compile a resource update and a full reserve statement covering the company's resource base.
"Minxcon are currently incorporating data from additional areas which have been identified as part of this process and the report will be finalised once this has been included," the firm said.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Management anticipate that the results of this report will be able to be released before the end of October."
The company's shares were up 6.3% by 1100 on Wednesday.
MM
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Scammers steal over £600 million from Brits - how to protect yourselfFraud cases in the first half of the year surged by 17% compared to the same period in 2024. Is your money at risk?
-
Financial support for carers: what can you get?Unpaid carers miss out on an average £6,400 a year in annual salary by cutting work to support loved ones. We explore benefits that can plug the financial gap.
