TSTR.L Share News (TSTR)

(ShareCast News) - Independent mining and mineral processing company Tri-Star Resources announced on Friday that Strategic & Precious Metals Processing has made "significant progress" as it moves further into the procurement phase of the Oman Antimony Roaster (OAR).The AIM-traded firm has a 40% equity interest in SPMP."Further to the recent ordering of furnaces, as announced on 9 August 2016, SPMP has awarded further key contracts to deliver the main antimony roasting equipment including the rotary kiln and dry and wet gas handling circuitry, representing the core operational equipment packages for the OAR," Tri-Star said in a statement."The key milestones ahead for the project include combining the delivery and assembly of the core roasting and gas handling process equipment; site and utility readiness; staffing build-up and training, and commissioning material feed test-work."Tri-Star said the OAR was continuing its emphasis on "strong environmental credentials" combined with an increasing focus on the provenance of supply sources."In addition, the OAR's design capability to treat gold in feed concentrates is expected to prove a significant differentiator."