Goldplat: Building on African success to expand operations

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Goldplat: Building on African success to expand operations
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Building on the successes of its profitable core gold recovery operations in South Africa and Ghana, AIM-listed Goldplat sees the potential for continued strong revenue growth and stable margins in other parts of the continent.

Building on the successes of its profitable core gold recovery operations in South Africa and Ghana, AIM-listed Goldplat sees the potential for continued strong revenue growth and stable margins in other parts of the continent.

The company’s success stems from a highly skilled processing route that provides an environmental and economic solution for mines to dispose of waste materials.

It does so by recovering precious metals, primarily gold and silver but also platinum group metals (PGMs), from by-products of the mining industry and related industries.

Currently, the company delivers this innovative service through two established gold recovery operations in South Africa and Ghana and has built a substantial blue-chip supplier base.

This includes most of the significant gold producers, an increasing number of PGM producers, and several refineries requiring the processing of concentrate materials prior to final refining as bullion.

Gerard Kisbey-Green, CEO of Goldplat, states:

“Our innovative approach to gold and precious metal processing has an increasingly important role to play in the industry, with major mining companies and government decision-makers increasingly acknowledging the critical need for responsible and environmentally-sound, as well as economically attractive, processes to extract precious metals.”

Kisbey-Green adds that the company’s strategy is focused on using the robust cash flow generated from flagship gold recovery operations in Africa to self-fund sustainable growth by further expanding its footprint in Africa to take advantage of the continent’s primary gold production.

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Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.

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