Goldplat 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
Read moreSmall caps round-up: Aer Lingus, Gold Oil, IndigoVision...
30th Jan 2012 08:49
Airline Aer Lingus has confirmed that it is in talks with parties involved with the firm's pension scheme, which is said to be 400 million euros short, equivalent to $525m. The Irish Airlines Superannuation Scheme (IASS) is holding thetaljks with trade unions and Dublin Airport Authority and its uni
Read moreGoldplat says Ghana gold recovery operations ahead of expectations
23rd Jan 2012 10:21
AIM quoted gold producer Goldplat has today published an operations update for its three main gold projects in Kenya, Burkina Faso and Ghana, as well as its two gold recovery operations in South Africa and Ghana. In particular, the company reports "excellent progress being maintained on all fronts,
Read moreGoldplat eyes expansion
13th Sep 2011 08:10
Africa-focused miner Goldplat posted a big jump in profits after it increased gold production to record levels. The company saw a 76% increase in profit before tax to £3,428,000 in the year to the end of June. It said it had mined a record 28,185 ounces of gold, 31% more than the previous year. A
Read moreSmall cap round-up: ClearStream, Optare, Brainspark
7th Mar 2011 12:36
Medical devices manufacturer ClearStream Technologies has signed a number of new distribution agreements in Scandinavia, the Middle East and the Asia Pacific region. The new markets served include Norway, Denmark, Sweden, Egypt, Iran, Indonesia and The Philippines. "We continue to target and develo
Read moreSmall caps round-up: BP Marsh, Christie
14th Feb 2011 13:03
Venture capital provider BP Marsh said all the companies in which it has invested are developing to the board's satisfaction. The group ended its financial year (31/1/11) with net cash of £0.5m, down from £0.6m at the end of July. Christie Group's transaction and advisory practice has completed the
Read moreSmall caps round-up: Berkeley Mineral, Goldplat
13th Dec 2010 11:10
A delay in its acquisition of a zinc asset in Zambia has sent shares in miner and metals processor Berkeley Mineral Resources sharply lower. Completion of the acquisition of the Kabwe tailings dump, where materials left over from previous mining operations are processed, is now expected to take pl
Read more