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Goldplat extends option period for Ashanti to acquire stake in Anumso project

By: Anine Kilian     16th January 2018 Aim-listed Goldplat has agreed to extend the option period within which TSX-V-listed Ashanti Gold can acquire 75% of Goldplat’s interest in the Ghana-based Anumso gold project. Ashanti has the right to earn up to 75% of Goldplat's interest in Anumso by spending $3-million on exploration work.... 

Goldplat, Rand Refinery close in on settlement in dispute

By: Natasha Odendaal     12th January 2018 Aim-listed Goldplat has entered into a memorandum of understanding (MoU) with Rand Refinery regarding a proposed full and final settlement agreement over long-outstanding fees owing and payable to its subsidiary, Goldplat Recovery, by Rand Refinery. The MoU, which followed the parties’ agreement... 

Company moves forward with tailings retreatment project

By: Marleny Arnoldi     15th December 2017 Aim-listed Goldplat PLC’s recovery operation in South Africa, Goldplat Recovery, will be investing in a tailings retreatment project during 2018, as its growth over the past decade has resulted in the operation accumulating a large tailings stock dam.  

Goldplat, Rand Refinery agree to arbitration

By: Natasha Odendaal     11th December 2017 Tangible progress is being made towards the settlement of Aim-listed Goldplat’s dispute with Rand Refinery, with both parties having agreed to arbitration after a protracted period of negotiations. Goldplat on Monday said the parties formally agreed on an arbitration process for the recovery of... 

Goldplat’s gold sales up 95% in September quarter

By: Mia Breytenbach     3rd November 2017 African gold recovery services company Goldplat has achieved a 95% year-on-year increase in gold sales to 14 374 oz for the quarter ended September 30. "With operational profitability achieved at all operations and good progress being made on our strategic objectives, I am very pleased with the... 

Ashanti Gold’s sampling programme showing good gold recovery potential at Anumso

By: Natasha Odendaal     13th October 2017 Recently completed and assayed soil grab samples from the Anumso gold project, in Ghana, have revealed “exciting new target discoveries”, with preliminary metallurgical testwork on material showing “very encouraging” results with high levels of gold recovery. In an exploration update to the... 

Goldplat heads to High Court over Rand Refinery dispute

By: Creamer Media Reporter      11th September 2017 Aim-listed Goldplat has taken to the High Court of South Africa, Gauteng Local Division, to recover the fees owing and payable to its subsidiary Goldplat Recovery by Rand Refinery. This followed Goldplat’s comments in April that failure to resolve the long-standing dispute between the parties... 

Goldplat’s profit to exceed market expectations

By: Samantha Herbst     27th July 2017 Having closed off a successful fourth quarter ended June 30, Aim-listed Goldplat expects its consolidated profit before tax to exceed market expectations for the financial year, the results of which will be announced in September. The Africa-focused gold producer, which has gold recovery... 

Goldplat’s Kilimapesa switches to grid power

By: Megan van Wyngaardt     21st June 2017 Africa-focused Goldplat will start using grid power at its Kilimapesa mine, in Kenya, as it is facing ongoing difficulties with its generators, primarily owing to poor diesel quality. The miner has reached an agreement to pay the $200 000 installation cost for the required infrastructure to the... 

Hansie van Vreden

By: Martin Creamer     16th June 2017 This week we feature Hansie van Vreden, COO of Goldplat, a London Aim-listed company that recovers precious metals from byproducts in metallurgical processes  

Goldplat bolsters management with new FD, nonexecutive director appointments

By: David Oliveira     1st June 2017 Aim-listed Goldplat has appointed Werner Klingenberg FD and Sango Ntsaluba nonexecutive director, with immediate effect. Ntsaluba is chairperson of Goldplat’s South African subsidiary Goldplat Recovery and is a well-known figure in the accountancy and auditing profession of South Africa. 

Goldplat to take dispute with Rand Refinery to the courts

By: David Oliveira     14th April 2017 Aim-listed Goldplat earlier this month said it would take immediate legal action against Rand Refinery. This follows after an independent expert’s report concerning the ongoing contractual dispute between the two companies supported Goldplat’s assertions that it has fulfilled its obligations,... 

Goldplat, Rand Refinery to take contract dispute to court 

By: David Oliveira     4th April 2017 Aim-listed Goldplat on Tuesday said it would take immediate legal action against Rand Refinery. This follows after an independent expert’s report concerning the ongoing contractual dispute between the two companies supported Goldplat’s assertions that it has fulfilled its obligations, acted in... 

Goldplat secures funding for Kilimapesa processing plant expansion

By: Megan van Wyngaardt     17th March 2017 Aim-listed Goldplat has, through its Gold Mineral Resources (GMR) subsidiary, entered into a $2-million uncommitted, on-demand, revolving pre-export loan facility with Scipion Active Trading Fund (SATF), arranged by Scipion Capital (Scipion). Goldplat is in the process of expanding the processing... 

Ghana govt renews Goldplat licence  

By: Martin Creamer     20th December 2016 The Ghanaian government has granted Goldplat a three-year licence renewal to buy and deal in gold in the country. Gold Recovery Ghana, the London Aim-listed company’s wholly owned gold recovery subsidiary in Ghana, recovers gold from by-products of the mining process, providing an economic method... 

Resources Watch 

     1st December 2016 This week: Chamber raises concerns about DMR Mining Charter diktat And, Gold from woodchips, grease, mine muck surprises on upside 

Goldplat sees positive production and financial quarter, projects progressing

By: Ilan Solomons     27th October 2016 Africa-focused gold producer Goldplat produced a total of 9 129 oz of gold and gold equivalents from all its operations during the three months to September 30, with improvements in operating profitability at its recovery operations. Goldplat CEO Gerard Kisbey-Green said on Thursday that good... 

Goldplat appoints new chairperson

By: Megan van Wyngaardt     19th September 2016 Aim-listed Goldplat is proposing the appointment of Matthew Robinson as its new nonexecutive chairperson to succeed Brian Moritz, who is stepping down. Robinson’s appointment is subject to shareholder approval, with shareholders expected to meet for an annual general meeting on October 27. 

Goldplat, Ashanti Gold to jointly develop Anumso

By: Megan van Wyngaardt     15th September 2016 Aim-listed Goldplat has executed an earn-in option agreement with Ashanti Gold, giving the latter the option for a $3-million earn-in to Goldplat’s 90%-owned Anumso project, in Ghana. The Anumso project has a ten-year renewable mining lease for gold and associated minerals covering an area of 29... 

GSR seeks to earn stake in Goldplat’s Ghana project

By: Mia Breytenbach     22nd July 2016 Aim-listed Goldplat has signed a nonbinding letter of intent (LoI) with TSX-V-listed company Gulf Shore Resources (GSR), giving GSR the option to earn a stake in Goldplat's 90%-owned Anumso project, in Ghana, in exchange for $3-million. Goldplat has a ten-year renewable mining lease for gold and... 

GSR inks LoI to earn stake in Goldplat’s Ghana project

By: Mia Breytenbach     14th July 2016 Aim-listed Goldplat has signed a nonbinding letter of intent (LoI) with TSX-V-listed company Gulf Shore Resources (GSR), giving GSR the option to earn a stake in Goldplat's 90%-owned Anumso project, in Ghana, in exchange for $3-million. Goldplat had a ten-year renewable mining lease for gold and... 

Goldplat, Rand Refinery hit payment impasse

By: Natasha Odendaal     11th July 2016 Aim-listed Goldplat and South Africa’s Rand Refinery have entered a payment dispute, wherein Rand Refinery was contesting R13.5-million in unpaid fees for the processing of silver sulphide material by Goldplat’s 74%-owned subsidiary Goldplat Recovery Limited (GPL). “GPL has concluded the... 

Weighing the effect of mining mechanisation

By: Kimberley Smuts     27th May 2016 Materials handling and hauling company Ncamiso Mining is looking to acquire more mechanised systems, as this should increase its productivity by between 60% and 70%. However, to create jobs, increase profitability and provide sustainable employment for the community surrounding mines, the company... 

Goldplat commissions 4 t elution column

By: Megan van Wyngaardt     18th November 2015 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... 

Goldplat’s Ghana operations receives $1.4m due

By: Natasha Odendaal     12th November 2015 Aim-listed Goldplat’s subsidiary Gold Recovery Ghana (GRG) has entered into a prepayment facility deal with Auramet International to accelerate the receipt of funds due from Aurubis in December 2015 and January 2016. The prepayment agreement provided for the payment of interest at three-month... 

Kenya mining project to increase processing capacity

By: Mia Breytenbach     6th November 2015 To continue its mining and gold processing operations and increase gold production, Goldplat has completed, and continues to implement, a number of capital projects to improve capacity and efficiencies. Goldplat has a different model to the usual gold producer, in that in addition to mining gold... 

Goldplat reports improved H2 performance

By: Megan van Wyngaardt     28th September 2015 Aim-listed Goldplat recorded an operating loss of £711 000 for the year ended June 30, owing to an “extremely challenging year for the gold mining industry”, paired with Rand Refinery’s inability to process its concentrates.  However, the company said it had returned to profitability in the... 

Goldplat improves mines with new mill, pumping station

By: Megan van Wyngaardt     22nd September 2015 Aim-listed Goldplat has commissioned a replacement mill in the low-grade circuit of its Goldplat Recovery (GPL) operation in South Africa, enabling continuous operation by reducing the extensive and unplanned maintenance required to keep the original mill operational. The new mill had the same... 

Goldplat capital projects yielding positive outcomes

By: Creamer Media Reporter      4th September 2015 Aim-listed gold producer Goldplat on Friday said the “significant progress” made on its capital projects had improved the production and efficiency of South Africa-based subsidiary Goldplat Recovery. The company had installed and was currently commissioning a new electric boiler, which was... 

Goldplat reports weighty losses for 2014

By: Megan van Wyngaardt     30th March 2015 Aim-listed gold producer Goldplat has suffered a £377 000 pre-tax loss and an £827 000 operating loss for the six months ended December 31, 2014, owing to the impact of refinery problems at its operations and increased exposure to gold price fluctuations. The Africa-focused miner said that, while... 

Gold recoverer Goldplat turning attention to platinum opportunity

By: Martin Creamer     31st October 2014 Gold recovery company Goldplat, the South African operations of which generated an operating profit in the three months to September 30, is taking steps to diversify into platinum group metal (PGM) recovery. The London-AIM-listed company, which serves companies including AngloGold Ashanti,... 

Goldplat reports FY loss amid lower gold price

By: Leandi Kolver     22nd September 2014 Aim-listed gold producer Goldplat on Monday reported a £356 000 loss for the financial year ended June 30, compared with a £399 000 loss the year before, as the lower gold price cut revenues. Chairperson Brian Moritz pointed out that the financial year under review had seen a “substantial... 

Goldplat expects improved results for H2

By: Leandi Kolver     13th June 2014 Aim-listed African gold producer Goldplat continued to operate profitably during the second half of the 2014 financial year, with a substantial improvement expected compared with the first half of the year’s loss of £694 000, the company said on Friday. Goldplat did, however, state that while it... 

Turnaround at Goldplat’s SA, Ghana operations swing company to Q3 profit

By: Natalie Greve     9th May 2014 JOHANNESBURG (miningweekly.com) – Aim-listed African gold producer Goldplat’s third quarter saw a turnaround by its two gold recovery operations in South Africa and Ghana, with several initiatives aimed at improving the efficiency and profitability having returned the mines to profitability in... 

Fragile gold prices swing Goldplat to H1 loss

By: Natalie Greve     10th March 2014 Weakened gold prices in the latter half of 2013 dampened London-listed gold miner GoldPlat’s first-half results, swinging the company to an operating loss of £694 000 for the six months ended December 31, from a profit of £2.05-million for the first half of the prior fiscal year. “This has been a... 

Goldplat appoints new COO

By: Leandi Kolver     8th January 2014 Aim-listed gold producer Goldplat on Wednesday announced that executive director Hansie van Vreden had been appointed COO of the company with immediate effect. Van Vreden, who was previously the MD of Goldplat’s South African and Ghanaian gold recovery operations and was appointed executive... 

Visagie’s appointment as Goldplat CEO made permanent

By: Leandi Kolver     5th December 2013 Aim-listed gold producer Goldplat on Thursday announced that the appointment of former FD Ian Visagie as CEO had been made permanent. Visagie, who was appointed as interim CEO following the resignation of former CEO Russell Lamming in September, would also continue to be responsible for the... 

Goldplat narrows FY profit as Kilimapesa losses bite

By: Natalie Greve     6th November 2013 Aim-listed gold producer Goldplat has narrowed its operating profit for the year ended June 30 by £1.89-million to £2.6-million, largely on the back of a decision to put the Kenya-based Kilimapesa mine on care and maintenance, driving substantial losses of £983 000 for the operation over the 12... 

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