Company
Caracal Gold PLC
LON:GCAT
Caracal Gold PLC is a gold producer and developer with established operations in East Africa and over 1,300,000 ounces of gold resources. The company is focused on building production and profitability, targeting +50,000 ounces per annum of gold production and +3 million ounces in resources across its operations.
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Caracal Gold on track to double output by 2024
A new resource number is due shortly at Kilimapesa following recent drilling
Caracal Gold says on track for 'exciting' third quarter
It achieved its first production from the pilot heap leach plant during the quarter
Caracal Gold promotes Kilimapesa general manager to group COO
Lombard has been general manager of Caracal's fully owned subsidiary Kilimapesa Gold (Pty) Ltd, which operates the company's flagship Kenyan mine, since February
Caracal Gold significantly boosts resource base at Kilimapesa, with further upgrades expected
Caracal now boasts a resource base of more than 1.3mln ounces of gold across its East African portfolio
Caracal Gold says second batch of drilling results confirm high grades at Kilimapesa Hill
“With the drilling on Kilimapesa Hill almost complete we look forward to delivering an updated resource at the end of June and are excited to be moving to the higher-grade regional targets to support continued resource expansion,” said chie
Caracal Gold revises share purchase agreement for Tyacks Gold
"Signing the revised SPA allows us to immediately begin work on Nyakafuru with drilling to commence in the fourth quarter of 2022,” said Robbie McCrae, the CEO of Caracal
Caracal Gold makes 'sterling progress' in the first quarter
"2022 looks to be a game-changing year not only at Kilimapesa but also for realising our East African gold ambitions more broadly," said CEO Robbie McCrae
Caracal Gold achieves first gold output from new heap leach plant at Kilimapesa ahead of schedule
The first gold production was achieved ahead of schedule
Caracal Gold says construction of new heap leach plant on schedule
The new heap leach plant will help maximise gold recoveries from its Kilimapesa mining and processing operations in Kenya
Caracal strengthens board with appointment of former Kenya ambassador to Tanzania
The company is aiming to double gold production at the Kilimapesa gold mine in Kenya and expand operations into Tanzania, following recent gold acquisitions
Caracal Gold hires expert geologist as it advances Kilimapesa project
Franck Bizouerne is expected to play a key role in implementing the final phase of exploration at the flagship gold mine at Kilimapesa.
Caracal Gold raises £2.0mln in placing to develop Kilimapesa mine
The shares were acquired by a major shareholder of the company and strategic clients of Clear Capital Markets
Caracal Gold adds Africa mining specialist as part of board restructure
Rachel Johnston has over 10 years of experience working with mining companies in the region
Caracal Gold meets gold production target at Kilimapesa mine in December
The company is moving into the final phase of development at the Kilimapesa mine which will see monthly gold production double to 2,000 ounces
Caracal Gold excited as it moves to rapidly expand Kilimapesa gold operation
"The decision to move to this next phase of development has been made significantly ahead of schedule."
Caracal Gold appoints new financial officer and general manager
The GM will also be the project director for Tanzania following the company's recent acquisitions of Nyakafuru and Simba gold projects
Caracal Gold kicks off new drilling at Kilimapesa
"We are excited about the golden future ahead as we advance our extensive drilling programmes at Kilimapesa,” said chief executive Robbie McCrae.