Share Search
Visit the Share Search
You are here:
GoldStone Resources delays planned gold pour
15th Apr 2021 10:47
(Sharecast News) - West Africa-focussed gold exploration and development company GoldStone Resources announced a delay to its planned gold pour on Thursday.
The AIM-traded firm said that for "operational reasons", it was focusing on ramping up mining and production.
That had necessitated a temporary rescheduling to the pour, in order to "optimise" profitability, the board said.
"The company is working with the new mining contractor to complete a revised mine plan and production schedule, for the coming months and will be in a position to update the market shortly," the GoldStone directors said in their statement.
At 1057 BST, shares in GoldStone Resources were down 10.35% at 11.47p.
The AIM-traded firm said that for "operational reasons", it was focusing on ramping up mining and production.
That had necessitated a temporary rescheduling to the pour, in order to "optimise" profitability, the board said.
"The company is working with the new mining contractor to complete a revised mine plan and production schedule, for the coming months and will be in a position to update the market shortly," the GoldStone directors said in their statement.
At 1057 BST, shares in GoldStone Resources were down 10.35% at 11.47p.