INTERVIEW: Goldplat Plc Elution Plant in Place 3 Months Early

Goldplat Plc (LON:GDP) CEO Gerard Kisbey-Green talks to DirectorsTalk about the completion of the elution plant at its Recovery operation in Ghana. Gerard explains what was installed and commissioned, the difference this will make to the business, the cost of the installation, gold smelting and how this aligns with the company’s strategic growth plans.

 

Goldplat plc is an AIM quoted gold producer with two market leading recovery operations in South Africa and Ghana and an operational gold mine in Kenya. The Company produced 42,857 ounces of gold during FY 2017, with 40,285 gold equivalent ounces sold and transferred, resulting in an operating profit from continuing operations of £2.9m for the year. This result does not benefit from the increased processing capacity that was achieved at the Kilimapesa Gold Mine towards the end of FY 2017, with operational profitability achieved during last two months of FY 2017. Accordingly, the Company believes it is well placed to build upon production and profitability during FY 2018.

The Company’s strategy is focused on utilising cash flow generated from its flagship gold recovery and mining operations to self-fund the sustainable growth and expansion of its niche gold recovery business model internationally. The Company is also committed to increasing its primary mining production output through acquisition / gaining interests in producing or near-production assets, preferably in Africa. Goldplat retains exposure to a small exploration project in Ghana, in which Ashanti Gold Corp. is earning an interest via an earn-in option agreement.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Goldplat plc

More articles like this

Goldplat plc

Gold gains on weaker dollar

Gold prices edged higher on Monday, as softer U.S. jobs data cemented hopes of further fiscal stimulus and pressured the dollar, although bullion’s gains were capped by higher Treasury yields. Spot gold was up 0.2% at $1,816 per

Goldplat plc

Gold up over US stimulus progress

Gold was up on Wednesday morning in Asia, amid growing hopes of further U.S. stimulus measures. Gold futures were up 0.41% at $1,840.95 by 12:39 AM ET (5:39 AM GMT). Democrat lawmakers in the U.S. Senate began debate on a

Goldplat plc

Gold to still hit $2,300 in 2021

All precious metals will see solid gains this year, but the likeliest best performers will be silver, followed by platinum and gold, said Frederic Panizzutti, managing director at MKS. Despite a slower start to the year, gold is

Goldplat plc

Gold price recovers

Gold prices edged higher on Monday, recovering from a near seven-week low, as prospects of a massive US coronavirus relief aid outweighed a stronger dollar and lifted bullion’s appeal as an inflation hedge. Spot gold advanced 0.6% to

Goldplat plc

Gold steadies as weaker stocks offset stronger dollar

Gold prices steadied on Tuesday as Asian stocks traded lower, dragged by political unrest in Washington and rising global COVID-19 cases, outweighing a firmer dollar and U.S. Treasury yields. Spot gold was little changed at $1,845.19 per ounce

Goldplat plc

Gold firms as Democrat-led US Senate boosts stimulus hopes

Gold prices rose on Thursday as a Democrat sweep of Georgia’s Senate runoffs boosted expectations of additional U.S. stimulus, although soaring Treasury yields held back bullion below a two-month high scaled in the previous session. Spot gold advanced

Goldplat plc

Gold rallies over 1%

Gold prices in India rose more than 1 percent on January 4 tracking a positive trend in international spot prices, which hit an eight-week high as global  COVID-19 cases spiked and countries pushed for more lockdowns despite vaccine

Goldplat plc

Goldplat provides an update on the sale of Kilimapesa

Goldplat plc (LON:GDP), the AIM quoted gold producer, with international gold recovery operations located in South Africa and Ghana and an a held for sale underground mining operation in Kenya, has provided an update on the sale of Kilimapesa.

Goldplat plc

Goldplat Investor and Analyst conference call

Goldplat plc (LON:GDP), the AIM quoted gold producer with international  gold recovery operations located in South Africa and Ghana, has announced that following its announcement on 09 December 2020, the Company will hold an investor and analyst conference call today 30th December 2020,

Goldplat plc

Gold prices climb to 1-1/2-month high

Gold prices today jumped as much as 1% (Monday) to a near one-and-a-half-month high, driven by news that an agreement on a long-awaited U.S. fiscal stimulus deal had been reached. Spot gold rose 0.8% to $1,896.39 per ounce

Goldplat plc

Gold rallies to near 6-week high

Gold prices rallied Thursday, with a steep decline in the U.S. dollar, the Federal Reserve’s ongoing loose monetary policy and expectations for a new fiscal stimulus package from Washington lifting bullion to its highest finish in almost six

Goldplat plc

Gold up on Tuesday

Gold was up on Tuesday morning in Asia, with COVID-19 cases continuing to increase and overshadowing the start of COVID-19 vaccine inoculations in the U.S and Canada. Negotiations over the latest U.S. stimulus measures continue. Gold futures were up

Goldplat plc

Gold gains on weaker dollar

Gold edged up on Friday as the dollar held near a two-and-a-half-year low, offsetting concerns over delays in a U.S. coronavirus package. Spot gold rose 0.1% to $1,837.21 per ounce by 0531 GMT. U.S. gold futures gained 0.2%

Goldplat plc

Gold trades higher today

Gold prices rose marginally in Indian markets on December 7 morning, tracking a muted trend in international spot prices. On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.19 percent at Rs 49,266 per 10

Goldplat plc

Gold trades higher on weak dollar

Gold was trading higher on December 4, tracking a positive trend in international spot prices on a weak dollar and stimulus hopes. On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.17 percent at Rs

Goldplat plc

Gold jumps 2% today

Gold jumped more than 2% on Tuesday, rebounding from a five-month low in the last session, and silver soared over 6%, as the dollar slid, with U.S. stimulus bets adding to bullion’s appeal as an inflation hedge. Spot

Goldplat plc

Gold gains today

Gold prices rose on Thursday, aided by a weaker dollar, as investors bet that grim U.S. jobs data and surging COVID-19 cases worldwide would spur authorities to announce further stimulus measures. Spot gold rose 0.5% to $1,815.30 per

No more posts to show