Goldplat names corporate finance specialist as new chairman
19th Sep 2016 14:36
(ShareCast News) - Goldplat chose a corporate finance specialist as its new non-executive chairman. The South Africa and Ghana-focused gold miner said Matthew Robinson would succeed Brian Moritz, subject to shareholders´ approval at the next scheduled AGM on 27 October. Gerard Kisbey-Green, the bos
Read moreGoldplat spat with Rand Refinery heats up
11th Jul 2016 13:19
(ShareCast News) - Goldplat announced on Monday that Rand Refinery has informed its 74%-owned subsidiary Goldplat Recovery (GPL) that it disputes an amount owed to it in relation to a binding memorandum of understanding. The AIM-traded company said the MoU was entered into by the two parties for GPL
Read moreGoldplat reports continued profitability in quarterly update
20th Apr 2016 16:52
(ShareCast News) - AIM-listed African gold producer Goldplat said output was 7,252 ounces for the quarter to 31 March. The company owns gold recovery businesses in South Africa and Ghana, and the Kilimapesa Gold Project in Kenya. In a trading update, Goldplat reported "continued profitability and st
Read moreKenya still dragging at Goldplat in third quarter
20th Apr 2016 15:59
(ShareCast News) - Goldplat updated the market on its third quarter operations on Wednesday, highlighting strong performance in South Africa and Ghana, though its Kenyan division was still dragging. The AIM-traded African gold producer saw production of 4,864 ounces of gold at its South African arm,
Read moreGoldplat falls 12.5% on profit warning
20th Jul 2015 14:09
(ShareCast News) - Goldplat plunged 12.5% on Monday after saying its operating loss will be the same as last year. The gold producer posted an operating loss of £0.83m during the first-half ended 31 December 2014 and now expects to report "materially the same" loss for the year ended 30 June 2015.
Read moreGoldplat shares lift as it reports progress despite processing woes
17th Jun 2015 08:41
Shares in mining firm Goldplat lifted 15.73% to 2.17p at 8.54 on Wednesday, after it said progress in South Africa and Ghana had countered its processing troubles. Goldplat's partner Rand Refinery has been unable to process certain by-product material, impacting profits and cashflow for Goldplat ov
Read moreGoldplat to return to profit after losses widen in H1
10th Mar 2014 08:03
AIM-listed Goldplat revealed a widening of its half-year losses on the back of a steep revenue decline, as sales were hit by a weak gold price. However, the group was more optimistic about its future, as it revealed that the second half of the year was already performing more strongly and as such
Read moreGoldplat dives after putting Kenyan mine on care and maintenance
4th Jun 2013 08:17
Shares in Goldplat dived on Tuesday after the AIM-listed African gold producer announced it had put its Kilmapesa Gold Mine in Kenya on care and maintenance following a strategic review of the business. In an update issued on Tuesday, the company said it remained focussed on realigning Goldplat's b
Read moreGoldplat's South African subsidiary signs key compliance agreement
24th Apr 2013 08:33
Goldplat, the AIM-listed gold producer in Africa, has reported that its South African gold recovery subsidiary, Goldplat Recovery(GPL) has signed a binding memorandum of agreement with its Black Economic Empowerment partner Amabubesi Property Holdings (Amabubesi). The agreement enables Amabubesi to
Read moreCupid CEO shows commitment to group with share purchase
8th Mar 2013 16:11
Dating group Cupid announced Friday that its Chief Executive, Bill Dobbie, had on Thursday purchased 865,000 ordinary shares at 114.11p each, following a strong set of full year results out earlier in the week. The purchase cost him £987,052 and took his stake in the group to just under 14.68m sha
Read moreGoldplat: Delays in Kenyan gold mining project 'disappointing'
11th Jan 2013 07:23
Delays in AIM-listed gold mining company Goldplat's Kenyan plant expansion programme resulted in losses in the first half of 2013, according to a trading statement issued on Friday morning. The Africa-focussed mining company stated that its directors had delayed a planned plant expansion programme
Read moreAvanti Comms directors show their faith
10th Oct 2012 16:30
It is fair to say that the market was not over the moon about the full year results from satellites operator Avanti Communications, but the directors believe the share price reaction has been overdone, a view they have been backing up with share purchases. David Williams, Chief Executive of Avanti,
Read moreGoldplat issues maiden divi as profits soar
1st Oct 2012 07:45
Shares of Africa-focused gold producer Goldplat surged after it said it would pay its first dividend following a hefty profit increase. The aim-listed company said pre-tax profit rose to £5.24m for the year ended June 30th 2012 from £3.43m the same time a year earlier. Operating profits jumped 48%
Read moreGoldplat hails Kenya success
27th Jun 2012 10:23
Goldplat said it was on track to significantly increase profits due to the success of its Kilimapesa mine in Kenya. The firm said it had now quantified 649,804 oz of gold at the mine, exceeding its 500,000 resource base target for 2012. Chief Executive Demetri Manolis said the figures underpinned
Read moreResources round-up: Red Emperor, Wolf Minerals, Oilex...
5th Mar 2012 14:59
Oilex surged on Monday after reporting that operations at the Cambay-76H horizontal well, onshore Gujarat, India, to retrieve the stuck milling assembly and coiled tubing have been successfully concluded with the entire assembly now having been recovered at surface. The well is currently being prepa
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