Caracal Gold PLC (LSE:GCAT) (Caracal Gold PLC (LSE:GCAT)) chief executive Robbie McCrae talks to Proactive London about their gold production for its flagship Kilimapesa mine in Kenya in December 2021.
Gold sales in the fourth quarter totalled 1,047 ounces, up from 569 ounces in the third quarter, even as the company decided to hold back on smelting of gold dore late in the quarter as its gold refinery was closed in late December for the holiday season.
The firm recently announced that it was moving its Kilimapesa gold mining and processing operations into the final phase of development that will see its annual gold production rise to about 24,000 ounces.