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Falcon Oil & Gas lower after running into problems at Beetaloo
A look at some of the major movers in London on Tuesday
Company
Goldplat PLC
LON:GDP
Goldplat is a profitable, African gold recovery services company with two market leading operations in South Africa and Ghana. Goldplat’s strategy is focussed on utilising its robust cash flow generated from flagship gold recovery operations in Africa to self-fund sustainable growth and expansion of niche gold recovery business model. The Company also has a small gold mining and exploration portfolio in Kenya, Burkina Faso and Ghana and is evaluating various opportunities to create value or monetise these assets. In addition, Goldplat has an experienced board and management team with a proven track record of creating shareholder value through the development of African resource assets into production.
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AEX Gold (LON:AEXG) has joined AIM alongside a £42.5m placing at 45p. Mkt Cap £79.7m. The Company, led by CEO Eldur Ólafsson, has established the largest land package of gold assets in Greenland with a current portfolio of licences covering
Goldplat subsidiary amends and renews US$2mln loan facility with Scipion Active Trading Fund
The loan facility will mainly be used as a working capital facility to support sourcing initiatives in West Africa and South America
Goldplat shares jump as firm reveals it was back in profit in third quarter
Sales were up by almost a third to £4.5mln at its core Goldpat Recovery business after a tough last year
New chief executive confirmed for Goldplat, after dip in sales
Goldplat recovers gold from old mining equipment like mill liners
Goldplat back to break-even after mothballing Kilimapesa
Werner Klingenberg, chief executive, said: “We delivered continued profitable production in South Africa during the quarter and achieved substantial savings by putting Kilimapesa under care and maintenance. “In the next quarter we aim to ac
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Goldplat focuses on expanding recovery operations and securing funding for Kilimapesa
Interim chief executive Werner Klingenberg said management’s continued priority will be to “maintain the established momentum of the recovery operation and improve the reliability of sourcing material”.
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Goldplat places Kenya mine on hold as it seeks funding for the operation
“I believe that putting Kilimapesa on care and maintenance, until the required external funding can be raised, is best for all stakeholders involved,” said chief executive Werner Klingenberg
Investments and investor services
FTSE 100 closes down after latest Trump trade war stunt
The Dow Jones suffered a 300 point fall in the first half hour of trading
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Exillon Energy plunges after it calls in advisors to go over its accounts with a fine-toothed comb
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Goldplat says Q3 production slightly higher; reveals chief executive's departure
The firm’s operations in South Africa yielded 5,012 ounces and in Ghana it produced 1,254 ounces – a total of 5,379 ounces sold for its own accounts and 1,060 ounces for clients
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