Stratmin Global Resources PLC Production and Sales Update (8374G)
March 09 2015 - 3:00AM
UK Regulatory
TIDMSTGR
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:
+44 (0) 20
StratMin Global Resources Plc 3691 6160
Manoli Yannaghas (Managing Director)
Strand Hanson (Nomad & Financial
Adviser) +44 (0) 20
James Spinney / Ritchie Balmer 7409 3494
Hume Capital Securities Plc (Sole +44 (0) 20
Broker) 3693 1470
Jon Belliss / Abigail Wayne
Blytheweigh (Financial PR)
Tim Blythe / Halimah Hussain / +44 (0) 20
Camilla Horsfall 7138 3204
-ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
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