Goldplat’s growing West African market to make up for recovery, mine losses

Aim-listed gold recovery company Goldplat still expects to report a loss from operating activities for the full-year, but the company on Thursday reported profitable production in South Africa for the second quarter and substantial savings from putting its Kenya-based Kilimapesa gold mine on care and maintenance.

“In the next quarter, we aim to accelerate the progress of growing the greater West African market. Management’s continued priority will be to maintain the established momentum of the recovery operation and improve the reliability of sourcing material,” the company said.