Source - SMW
Tri-Star Resources has narrowed its H1 pretax loss to £0.9m, from a loss of £1.6m.

"Activity during the first half has focussed on the continued development of the Oman Antimony Roaster Project ("OAR").  

"The OAR is being developed by Strategic & Precious Metals Processing LLC ("SPMP"), an Omani company.  The OAR is being built by SPMP in Sohar, Oman.  Tri-Star has a 40% interest in SPMP.

"The OAR has continued to show good progress in 2016.  SPMP's most notable developments announced to date include: the strengthening of its management team, confirmation that the project is now entering the procurement and implementation phase, and the strategically important and exciting inclusion of a revenue-enhancing gold plant within the overall specification for the facility. 

"Tri-Star will continue to keep the market updated with developments in relation to this crucial project."