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Production and Sales Update

9 Mar 2015 07:00

RNS Number : 8374G
Stratmin Global Resources PLC
09 March 2015
 

9 March 2015

 

StratMin Global Resources Plc

("StratMin" or the "Company")

 

Production and Sales Update

 

StratMin (AIM: STGR), the graphite production and exploration company with assets in Madagascar, is pleased to provide an update on production and sales for the month of February 2015.

 

Production

Production volumes were up on the previous month. Production numbers for the month of February 2015 were as follows:

 

Production Stage

Product

February 2015

(volume in tons)

Beneficiation Plant

Wet Graphite

360

Post de water, Pre Drier

194

Drier

Dry Mixed

130

Screening

-80mesh

35

+80

48

+50mesh

0

 

 

Sales

150 tons of graphite were sold during February 2015.

 

Manoli Yannaghas, StratMin's Managing Director, commented:

"The plant continues to see production grow steadily and, with secure sales contracts in place, the company can build a stable monthly production base.

 

"The new milling and screening capacity is now operational and I look forward to updating the market on its developments in the next update."

 

 

Competent Person's Statement

The information in this announcement that relates to the production and sales figures has been reviewed by Mr. Neville Cowin, C.Eng, BSc (Eng), ARSM, MIMMM registration (C.Eng 325393). Mr. Cowin is an independent consultant with over 40 years of production experience, and works with the company to advise on improving performance at the plant. Mr. Cowin is a "Qualified Person" as defined in the AIM Note for Mining Oil & Gas Companies - June 2009, of the London Stock Exchange. Mr. Cowin consents to the inclusion of the information in this release in the form and context in which it appears.

 

 

Enquiries

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
 
 
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