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Friday 19 OctoberRoss GroupPurplebricksAshmore GroupDechra 22 of London Investment 23
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Share Price Information for GoldPlat (GDP)
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Share Price:
7.75
Bid:
7.50
Ask:
8.00
Change:
0.00 (0.00%)
Spread:
0.50 (6.667%)
Open:
7.75
High:
7.75
Low:
7.75
Prev. Close:
7.75
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Don't have an account? Click here to register.Goldplat crashes following 'very difficult quarter'
Fri, 02nd Nov 2018 08:54
(Sharecast News) - AIM-listed gold producer Goldplat remains confident its strategic initiatives will yield "improved results" in future despite having just endured a "very difficult quarter".Goldplat said it would put its Kilimapesa mine in South Western Kenya on care and maintenance by the end of November if it could not secure funding for expansion, though management have made "good progress" in trying to drum up some cash.Problems sourcing sufficient material for processing at its Ghanaian asset carried over into the first quarter of its new trading year, as expected. However, the firm said improvements at its South African operations at the tail end of September had begun to bear fruit in the second quarter, with a return to normalised production now expected following a challenging quarter.Production for the quarter came to 6,138 ounces of gold equivalent - a 40% drop year-on-year.Goldplat also revealed that gold equivalent ounces sold and transferred during the quarter had dropped year-on-year as a result of reduced production and first-quarter sales from 2017 being augmented by a carry-over from a large contract produced during 2016.Gold equivalent ounces sold and transferred during the quarter dropped 62% to 5,407 ounces.As of 0850 BST, Goldplat shares had sunk 32.63% to 3p.
More News
26 Sep 2018 12:55
Goldplat Profit And Production Down But Revenue Rises On Higher Prices
LONDON (Alliance News) - Goldplat PLC on Wednesday said it saw a fall in profit for its recently-ended financial year, as higher costs reduced the positive effect of revenue growth.The gold
Read more30 Jul 2018 10:46
Goldplat Annual Output Falls At It Starts Investment Partner Search
LONDON (Alliance News) - Shares in Goldplat PLC fell on Monday as the company said it is looking for an investment partner for its Kilimapesa project after a difficult few months.Goldplat a
Read more30 Jul 2018 10:33
Goldplat on track to meet market expectations
(Sharecast News) - Despite decreasing gold recovery rates, Goldplat expects full-year profits to be in line with market expectations.
Read more20 Dec 2016 09:07
Goldplat secures three-year licence in Ghana
(ShareCast News) - African gold producer Goldplat announced on Tuesday that it has received confirmation from the Government of the Republic of Ghana that its licence to purchase and deal in gold in the country has been renewed for a period of three years. The AIM-traded company's wholly-owned gold
Read more20 Dec 2016 08:49
27 Oct 2016 11:43
Goldplat posts solid production numbers as improvements continue
(ShareCast News) - African gold producer Goldplat posted an operations update for the three months to 30 September on Thursday, with overall production of 9,129 ounces of gold and gold equivalents achieved during the quarter. The AIM-traded company said that occurred alongside improvements in operat
Read more19 Sep 2016 14:36
Goldplat names corporate finance specialist as new chairman
(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 more11 Jul 2016 13:19
Goldplat spat with Rand Refinery heats up
(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 more20 Apr 2016 16:52
Goldplat reports continued profitability in quarterly update
(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 more20 Apr 2016 15:59
Kenya still dragging at Goldplat in third quarter
(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,
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