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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Gold & silver

Profitable operations across the board boost sales for Goldplat

Goldplat's recovery business continues to prosper, while mining operations at Kilimapesa are beginning to bed down

Gold sold and transferred by Goldplat PLC (LON:GDP) during the three months to end-September amounted to 14,374 ounces, a 95% increase on the 7,382 ounces sold and transferred during the corresponding period a year ago.

The production boost came on the back of profitability at an operational level from all the different Goldplat divisions.

Kilimapesa in focus

In particular, production jumped by 133% to 1,449 ounces.at the Kilimapesa gold mine in Kenya.

Kilimapesa remains on track to produce in excess of 5,800 ounces during fiscal 2018.

The company also reported good progress in sourcing sufficient suitable material for the carbon in leach circuits at Goldplat Recovery (Pty) Ltd in South Africa, and in sourcing sufficient by-product material to keep Gold Recovery Ghana Limited ('GRG') operating to capacity.

READ: Goldplat prelims show increase in net cash and profitability

Gold sold and transferred by Goldplat PLC (LON:GDP) during the three months to end-September amounted to 14,374 ounces, a 95% increase on the 7,382 ounces sold and transferred during the corresponding period a year ago.

The production boost came on the back of profitability at an operational level from all the different Goldplat divisions.

The company also reported good progress in sourcing sufficient suitable material for the carbon in leach circuits at Goldplat Recovery (Pty) Ltd in South Africa, and in sourcing sufficient by-product material to keep Gold Recovery Ghana Limited ('GRG') operating to capacity.

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