Goldplat Plc (LON:GDP) CEO Gerard Kisbey-Green talks to DirectorsTalk about a very upbeat update that was announced this morning. Gerard explains the implications now that a new Mining Charter has been announced in South Africa, elaborates on the progress being made at the Kilimapesa Gold mine, the rationale behind the purchase of another elution plant and also comments on the progress in South America.
Gerard Kisbey-Green, Goldplat Plc CEO commented. “Kilimapesa is now operating profitably and at the increased rates targeted for Stage Two. This, together with continued steady and positive progress in South America, means the overall performance of the Group remains positive and in line with market expectations. Looking closer at South Africa, as we do not expect the new 2017 Charter to have a significant impact on our business, GPR will leave the ongoing negotiation process in the hands of the Chamber of Mines and the larger industry players, and we will continue to focus on issues over which we have more direct control, including continued focus on increasing operational efficiencies and ultimately profitability.”