Bass already improving newly acquired graphite mine

August 22, 2016

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ASX-listed Bass Metals on Monday reported that it had taken operational control of the Graphmada graphite mine, in Madagascar, consequently transitioning the company to the ASX’s only graphite producer. The transition follows approval by Stratmin Global Resources’ shareholders of the A$15.25-million acquisition on July 29, with Bass Metals already implementing a number of improvements to the operation, subsequent to its own due diligence and resultant consultation with various experts.

Category: General