GoldPlat Share News (GDP)

Goldplat CEO Stands Down As Company Seeks New Chief In South Africa

Goldplat dives after putting Kenyan mine on care and maintenance

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

Goldplat's South African subsidiary signs key compliance agreement

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

Cupid CEO shows commitment to group with share purchase

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

Goldplat: Delays in Kenyan gold mining project 'disappointing'

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

Avanti Comms directors show their faith

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,

Goldplat issues maiden divi as profits soar

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%

Goldplat hails Kenya success

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

Resources round-up: Red Emperor, Wolf Minerals, Oilex...

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

Small caps round-up: Aer Lingus, Gold Oil, IndigoVision...

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

Goldplat says Ghana gold recovery operations ahead of expectations

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,

Goldplat eyes expansion

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

Small cap round-up: ClearStream, Optare, Brainspark

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

Small caps round-up: BP Marsh, Christie

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

Small caps round-up: Berkeley Mineral, Goldplat

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