https://www.miningweekly.com

Goldplat commissions 4 t elution column

18th November 2015

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Africa-focused gold producer Goldplat has commissioned the first of the 4 t elution columns acquired from DRDGold, at its Goldplat Recovery operations, near Benoni, in Gauteng.

The Aim-listed company said in a statement on Tuesday that the completion of this project, on schedule, was an important milestone in its turnaround strategy and would enable the company to clear the remainder of the backlog gold inventory, improve its cash position and provide capacity for increased future production.

"The increase in our elution capacity to an average daily throughput rate of 8 t/d day supports our strategy to capture more of the gold recovery value chain in-house and completes another significant capital project.

“I am proud of the team for the good work done and look forward to tracking the success of this increased elution capacity as we look to increase gold production and revenues for the company,” CEO Gerard Kisbey-Green commented.

Goldplat still had to decide on the timing and location of the installation of the remaining two 4 t elution columns, with one likely to be moved to the company's Gold Recovery Ghana operation in 2016.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION