(MENAFN- ProactiveInvestors - UK) A mixed bag for UK shares today but mining firm Strategic Minerals (LON:SML) was celebrating.
It was top riser in London today up 25.81% to 0.20p as it revealed planning of the maiden drilling programme at Hanns Camp nickel-copper sulphide prospect in Australia was underway.
Hanns Camp forms part of the Laverton Project in which Strategic has a stake via its acquisition of up to 50% of Central Australian Rare Earths.
In the markets FTSE AIM 100 added 0.17% to 3450 while the broader FTS AIM All share added 0.22% to 734.96. This was in contrast to the top 100 index which was down 5.62 points at 6404.
Big cap miners made up three of the top risers while the biggest faller was broadcaster Sky (LON:SKY) which dropped 3.84% to 988.5p.
It revealed it won fewer new customers in the latest quarter than it had in the preceding three months but a 5% increase in revenue to 8.7bn for the nine months to March.
Indeed junior miners were doing well on the day. Goldstone Resources (LON:GRL) added over 15% top 2.03p while coppe miner Weatherly International (LON:WTI) gained 14.29% to stand at 0.60p.
Oil stocks were not doing so well.
US onshore focused Northcote Energy (LON:NCT) fell 30% to 0.04p after it announced late yesterday it had completed a placing of 1.59mln shares at 0.0315 pence to raise500000.
The cash will be used to complete the Mayan Drilling Fluids remediation plant while retaining adequate working capital and flexibility to consider other strategic opportunities available to the company.
Greka Drilling (LON:GDL) was also down over 11% to 4p each despite it managing to increase revenues in 2015 despite the well-documented travails of the oil and gas sector.
The Asia-focused independent and specialised unconventional oil & gas driller drilled 62 wells in 2015 up from 45 wells drilled in 2014.
Annual revenues rose to US$29.9mln in 2015 from US$24.4mln in 2014 while underlying earnings (EBITDA) rose to US$2.4mln from US$1.9mln
Corero Network Security PLC (LON:CNS) fell 9.09% to 25p each as it announced a fundraise alongside final results which showed the company's decision to focus exclusively on the SmartWall TDS product was beginning to pay off.
Orders for the SmartWall TDS product in 2015 were up 186% to US$4.3mln from US$1.5mln in 2014
The firm said this morning it had conditionally placed 36.36mln shares at 22p a pop raising 8mln in the process and is seeking to raise an additional 1mln through an open offer to shareholders of 4.6mln shares on the basis of 1 new share for every 36 shares held also at 22p a share.
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