South Africa/Ghana – Goldplat, the AIM listed African gold producer, recently completed two additional capital projects at its market leading gold recovery operations in South Africa and Ghana, both of which form part of the company’s on-going strategy to improve efficiencies, reduce costs and boost revenues.
At Goldplat Recovery (GPL) in South Africa, the installation of an on-site weighbridge has been completed. The weighbridge brings significant improvement to the control of material deliveries into the various treatment circuits and will yield modest operating cost savings.
At Gold Recovery Ghana (GRG) the new shotblast facility has been installed and commissioned. The shotblast facility represents a new business activity for GRG, and provides an additional revenue stream for the company. The procurement of suitable feed materials from third parties has already commenced.
Gerard Kisbey-Green, CEO of Goldplat comments: “The team continue to complete capital projects on time, in accordance with our defined development strategy. I am particularly pleased that we have opened up a new revenue stream at GRG, which should positively impact revenue streams going forward as we remain focused on expanding our recovery operations and capturing more of the value chain in-house.”
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