Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

Caracal Gold gold production update and significance of connecting to Kenya's national power grid

Caracal Gold gold production update and significance of connecting to Kenya's national power grid

Caracal Gold PLC (LSE:GCAT) Robbie McCrae, chief executive of Caracal joins Proactive London after updating the market on their progress, selling 569 ounces of gold produced from its Kilimapesa mine in Kenya during September.

This is as they continue to build production at Kilimapesa, following a fundraising in London undertaken in August.

Underground mining operations during September focused on development of the reef drive and new raises to open up new stoping areas to meet the planned increased level of run-of mine production.

The firm has also completed the connection to Kenya's national power grid, the switch over from diesel power generation on 29 October is part of its efforts to build sustainable mining and gold processing operations and optimise and increase profitability.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK