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Goldplat makes progress at South African operation

June 27, 2023 at 09:02 am EDT

Goldplat PLC - mining services group with international gold recovery operations located in South Africa and Ghana - Says it is in the process of upgrading its tailing storage facility at the South African operation. Construction began in the second quarter, and was planned to be completed by the end of the fourth quarter, with one-month commissioning starting on July 1.

However, the regulator for the site required specific monitoring equipment. That order has now been placed, and has a lead time of four to six weeks.

Goldplat estimates that the current construction phase will be completed by the end of July, with commissioning starting at the beginning of August.

Current stock price: 8.29 pence

12-month change: down 7.9%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES SOUTH AFRICA(ZAR)	1,962 PTS	+1.81%	+2.47%	-
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+1.69%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.26%	-
GOLDPLAT PLC	7.6 GBX	-1.94%	-5.59%	15.88M

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