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Pin to quick picksArmadale Capital Regulatory News (ACP)

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Commissioning of Plant

21 Apr 2008 10:55

Watermark Global PLC21 April 2008 Watermark Global plc ("Watermark" or the "Company") Commissioning of the second pilot plant 21 April 2008 Watermark is pleased to announce the commissioning of its second pilot watertreatment plant today by its wholly-owned subsidiary, Western UtilitiesCorporation (Pty) Ltd ("WUC"). The plant was designed and built by AtomaerTechnologies who will also operate it for a minimum period of three months. Theplant will provide detailed information on water quality, mass balances,including by-products generated by the process, operating costs and capitalcosts required that could form part of the commercialisation phase. The plantwas constructed on a modular basis, using a patented technology, developed byMINTEK over a period of nine years called SAVMIN. The SAVMIN technologycomprises five stages and is based on the selective precipitation of insolublecomplexes at different stages during the process. SAVMIN has a number ofadvantages, most notably: • It can treat a wide spectrum of polluted mine water (i.e. from gold, platinum, coal and base metal mines); • It regenerates the required Al2(OH)3 reagent for reuse, which results in a significant cost reduction; • The process uses readily available reagents (sulphuric acid, lime and aluminium). The storage and handling of these reagents is well understood The Directors expect to provide further updates during this period on the massbalances, operating and capital costs requirements which will form part of thetechnology selection process for the construction of a 75 megalitre per dayplant which will have the potential to be expanded to 200 megalitres per day. Enquiries Dirk Kotze, Watermark Global plc +27 (0) 12 661 3602 Ian Soanes / Elizabeth Bowman, Cenkos Securities +44 (0)20 7397 8900 Charles Zorab, Investor Relations +44 (0)20 7233 1462 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
22nd Feb 20163:19 pmBUSRepayment of Loan
9th Feb 201611:32 amBUSRobust Project Demonstrated by Mpokoto Feasibility Study - Replacement
8th Feb 20167:00 amBUSRobust Project Demonstrated by Mpokoto Feasibility Study
8th Jan 201612:15 pmBUSHolding(s) in Company
18th Dec 201511:34 amBUSRaises GBP420,000 to advance Mpokoto Gold Project - Replacement
18th Dec 20159:30 amBUSRaises GBP420,000 to advance Mpokoto Gold Project
11th Dec 20157:00 amBUSUpdate on Metallurgical Testwork at Mpokoto Gold Project
25th Nov 20157:00 amBUSMpokoto Gold Project – Update on exploration and expanded resource definition
27th Oct 20157:00 amBUSExercise of Warrants
21st Oct 201512:33 pmBUSResult of General Meeting
6th Oct 201511:20 amBUSNotice of General Meeting
24th Sep 20157:00 amBUSMpokoto Gold Project remains on track towards its goal of production in H1 2016
10th Sep 20155:41 pmBUSHolding(s) in Company
10th Sep 20155:38 pmBUSHolding(s) in Company
10th Sep 20157:00 amBUSInterim Results
14th Aug 20157:00 amBUS£700,000 Raised via Placing to support production at Mpokoto Gold Project H1 2016
3rd Aug 20157:00 amBUSDeveloped Process Route for Gold Recovery following Metallurgical Testwork
30th Jul 20159:16 amBUSAppointment of Joint Broker
24th Jul 20154:36 pmBUSHolding(s) in Company
24th Jul 20154:32 pmBUSHolding(s) in Company
14th Jul 20157:00 amBUSPlacing to Raise £400,000 to Expand Current 678,000oz Mpokoto Gold Resource
29th Jun 20159:00 amBUSProposed acquisition by investee company, MRI
26th Jun 201512:00 pmBUSExercise of Warrants
24th Jun 20157:00 amBUSDrilling at the Mpokoto Gold Project
22nd Jun 20153:00 pmBUSResult of Annual General Meeting
22nd Jun 20157:00 amBUSAGM Statement
10th Jun 20152:15 pmBUSExercise of Warrants
8th Jun 20157:01 amBUSAgreement to fund and develop the Mpokoto Gold Project
8th Jun 20157:00 amBUSRepayment and termination of Bergen Facility
28th May 201512:30 pmBUSPosting of Report & Accounts and Notice of AGM, and Proposed share consolidation and subdivision of share capital
27th May 20155:00 pmBUSHolding(s) in Company
22nd May 20157:00 amBUSFinal Results
19th May 20157:00 amBUSBoard Appointment
6th May 201510:15 amBUSIssue of Ordinary Shares following Exercise of Conversion Rights
5th May 20159:40 amBUSHolding(s) in Company
29th Apr 20159:00 amBUSHolding(s) in Company
21st Apr 20159:01 amBUSIssue of Ordinary Shares following Exercise of Conversion Rights
13th Apr 201511:01 amBUSResult of General Meeting
31st Mar 20157:00 amBUSPositive Geological Review Highlights New Resource Potential at the Mpokoto Gold Project
26th Mar 20157:00 amBUSNotice of General Meeting
24th Mar 20159:16 amBUSIssue of Ordinary Shares following Exercise of Conversion Rights
18th Mar 201511:15 amBUSPlacing to raise £270,000
9th Mar 20157:00 amBUSUpdate on Metallurgical Testwork at Mpokoto Gold Project
24th Feb 201510:32 amBUSIssue of Ordinary Shares following Exercise of Conversion Rights
14th Jan 20157:00 amBUSMpokoto Project Update
9th Jan 20157:00 amBUSIssue of Ordinary Shares following Exercise of Conversion Rights
5th Jan 201510:55 amRNSShareholder Notification
26th Nov 20147:00 amBUSUpdate on Metallurgical Testwork at Mpokoto Gold Project
20th Nov 20147:00 amBUSIssue of Further Consideration Shares and Milestone Payments
17th Nov 20147:00 amBUSMining Licences Granted for Mpokoto Gold Project

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