Less Ads, More Data, More Tools Register for FREE

Pin to quick picksStratmin Global Resources Regulatory News (STGR)

  • There is currently no data for STGR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Operational Update: Positive Trial Results

18 Mar 2014 07:00

RNS Number : 5139C
Stratmin Global Resources PLC
18 March 2014
 



18 March 2014

 

StratMin Global Resources Plc

("StratMin" or the "Company")

 

Operational Update: Positive Trial Results

 

StratMin (AIM: STGR), the graphite exploration and production company with assets in Madagascar, announces that it has successfully completed the installation, calibration and trial of the MechProTech scrubber at its Loharano project.

 

Following installation and calibration, a number of trial production runs using the new processing circuit were carried out. The results from these indicated a very positive initial performance of the scrubber, with an immediate uplift in the carbon content of the graphite produced.

 

By way of example, the most recent trial production batch averaged a carbon content of 90 per cent, with some samples as high as 92 per cent. This is a significant increase on the percentages achieved before the installation of the scrubber, which had been around 78 per cent, and will result in a higher price per tonne.

 

Furthermore, despite calibration being complete, the Company expects to achieve more improvements in the contained graphite percentage as the benefits from investment of further resources in the processing plant are realised.

 

Further updates will be made as and when appropriate.

 

Manoli Yannaghas, StratMin's Managing Director, said:

 

"This is a big step forward for Stratmin and it verifies the steps taken over the last six months to improve the quality of our output. We look forward to reporting on enhanced production and sales in the near term."

 

For further information please visit www.stratminglobal.com or contact:

 

StratMin Global Resources Plc

+44 (0) 20 3691 6160

Manoli Yannaghas (Managing Director)

 

Strand Hanson (Nomad & Financial Adviser)

James Spinney / Ritchie Balmer

+44 (0) 20 7409 3494

Hume Capital Securities Plc (Sole Broker)

+44 (0) 20 3693 1470

Jon Belliss / Abigail Wayne

 

Blytheweigh (Financial PR)

Tim Blythe / Halimah Hussain / Camilla Horsfall

+44 (0) 20 7138 3204

 

 

-ends-

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUBOWRSUAOAAR
Date   Source Headline
12th Jan 20123:32 pmRNSStrategic Review and Investment
5th Jan 20124:10 pmRNSHolding(s) in Company
4th Jan 20123:57 pmRNSIssue of Equity
22nd Dec 201111:20 amRNSHolding(s) in Company
21st Dec 20119:15 amRNSDirectorate Change
16th Nov 20115:12 pmRNSDirectorate Change
10th Nov 20114:01 pmRNSNet Asset Value(s)
9th Nov 201110:51 amRNSHolding(s) in Company
8th Nov 20117:00 amRNSDirectorate Change
14th Oct 20113:28 pmRNSStrategic Review and Subscription
30th Sep 20117:00 amRNSInterim Results
30th Aug 20115:41 pmRNSHolding(s) in Company
1st Aug 201112:49 pmRNSResult of AGM
14th Jul 20114:50 pmRNSQuarterly NAV Update
8th Jul 201110:02 amRNSNotice of AGM
1st Jul 201110:58 amRNSPosting of Annual Report
30th Jun 20112:20 pmRNSFinal Results
14th Jun 20113:45 pmRNSResult of General Meeting
8th Jun 20112:36 pmRNSCirc re. GM
28th Apr 20117:00 amRNSTotal Voting Rights
8th Apr 20113:24 pmRNSNAV and Performance Fee
1st Mar 20114:55 pmRNSHolding(s) in Company
28th Feb 20119:32 amRNSIssue of Equity
11th Feb 20111:00 pmRNSChange of Website
8th Feb 201112:31 pmRNSChange of Name
7th Jan 20114:08 pmRNSResult of General Meeting
16th Dec 20101:38 pmRNSNotice of EGM
30th Nov 20101:57 pmRNSHolding(s) in Company
17th Nov 20104:30 pmRNSDirectorate Changes & Update
10th Nov 201011:10 amRNSDirectorate Change
10th Nov 201010:31 amRNSReplacement Holding in Company
10th Nov 20108:57 amRNSReplacement Holding in Company
9th Nov 20102:58 pmRNSHolding(s) in Company
9th Nov 201012:43 pmRNSDirectorate Change
8th Nov 201012:18 pmRNSHolding(s) in Company
8th Nov 201012:14 pmRNSHolding(s) in Company
5th Nov 20104:59 pmRNSDirector/PDMR Shareholding
5th Nov 20104:57 pmRNSHolding(s) in Company
1st Nov 20102:25 pmRNSTrading Update
1st Nov 201012:38 pmRNSHolding(s) in Company
29th Sep 20107:00 amRNSHalf Yearly Report
13th Sep 20102:58 pmRNSHolding(s) in Company
6th Sep 20104:05 pmRNSHolding(s) in Company
12th Aug 201012:32 pmRNSHolding(s) in Company
29th Jul 20109:44 amRNSDirector/PDMR Shareholding
29th Jul 20109:21 amRNSHolding(s) in Company
21st Jul 20109:42 amRNSHolding(s) in Company
30th Jun 20105:36 pmRNSAnnual Financial Report
29th Jun 20106:26 pmRNSFinal Results
28th Jun 20102:43 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.