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
11th Feb 20097:30 amRNSStatement re. Suspension
11th Feb 20097:30 amRNSSuspension - Interactive Prospect Targeting Hldgs
30th Dec 200812:15 pmRNSBank Debt Restructuring
17th Nov 200811:30 amRNSRe: Directinet Management Transition
12th Nov 20084:00 pmRNSDirectinet Management Transition
11th Nov 20083:00 pmRNSDisposal
5th Nov 20083:54 pmRNSAcquisition Update
5th Nov 20083:30 pmRNSAgreement Reached re: Directinet
4th Nov 20087:00 amRNSSale of Non-Core Businesses
27th Oct 20087:00 amRNSAmendments to Bank Loan
22nd Oct 20081:15 pmRNSHolding(s) in Company
21st Oct 20086:13 pmRNSHolding(s) in Company
15th Oct 20085:51 pmRNSHolding(s) in Company
2nd Oct 20085:01 pmRNSHolding(s) in Company
30th Sep 20087:00 amRNSInterim Results
29th Sep 20084:16 pmRNSAcquisition
29th Sep 20084:15 pmRNSDisposal, Bank Loan & Board Changes
25th Sep 20087:00 amRNSHolding(s) in Company
15th Sep 20087:00 amRNSUpdate on Strategic Review
11th Aug 20087:00 amRNSTrading Statement
27th Jun 20084:44 pmRNSAnnual Report and Accounts
27th Jun 20088:00 amRNSResult of AGM
20th Jun 20087:00 amRNSDirectorate Change
4th Jun 20087:02 amRNSDirectorate Change
8th May 20087:01 amRNSOffer Talks Terminated
6th May 200810:21 amRNSEPT Disclosure
30th Apr 20083:00 pmRNSIssue of Equity
30th Apr 200810:49 amRNSEPT Disclosure
29th Apr 200812:28 pmRNSRule 8.3-Interactive Prospect
29th Apr 200810:57 amRNSEPT Disclosure
28th Apr 200811:47 amRNSEPT Disclosure
22nd Apr 200810:36 amRNSEPT Disclosure
21st Apr 20089:59 amRNSEPT Disclosure
17th Apr 20082:20 pmRNSRule 8.3-Interactive Prospect
17th Apr 200810:46 amRNSEPT Disclosure
15th Apr 20087:01 amRNSFinal Results
10th Apr 20089:36 amRNSEPT Disclosure
8th Apr 20081:03 pmRNSEPT Disclosure
7th Apr 200810:35 amRNSEPT Disclosure
1st Apr 200810:02 amRNSEPT Disclosure
31st Mar 200810:31 amRNSEPT Disclosure
28th Mar 200810:05 amRNSEPT Disclosure
28th Mar 20087:00 amRNSNotice of Results
26th Mar 20089:46 amRNSEPT Disclosure
25th Mar 200810:11 amRNSEPT Disclosure
20th Mar 20089:44 amRNSEPT Disclosure
19th Mar 20089:45 amRNSEPT Disclosure
18th Mar 200811:35 amRNSEPT Disclosure
17th Mar 200811:49 amRNSEPT Disclosure
14th Mar 200811:25 amRNSEPT Disclosure

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.