Goldplat plc Arrival of Generators
19 April 2024 - 8:00AM
RNS Regulatory News
RNS Number : 2437L
Goldplat plc
19 April 2024
19 April 2024
Goldplat
plc
("Goldplat" or the
"Company")
Arrival of
Generators
Goldplat plc, (AIM: GDP) the AIM
listed Mining Services Group, with international gold recovery
operations located in South Africa and Ghana, servicing the African
and South American Mining Industry, is pleased to announce
the arrival of the diesel generators at our operations in
South Africa, and that commissioning will be finalised by the end
of April 2024.
During Q3 of the current financial
year, our operations have lost 6% of total operating hours
available due to electricity supply cuts and infrastructure related
issues, lower than the time lost in the previous
calendar year of more than 20%. The generators
have been procured at a cost of GBP800,000 and have been financed
through a local South African bank and will be repaid over 3
years.
The generators will be used to
reduce the operational time lost due to electricity supply issues
only if it is economically viable to do so. This will be assessed
on an ongoing basis.
Werner Klingenberg, CEO of Goldplat commented:
"We are delighted to have
received the generators on site and look forward to the
finalisation of the commissioning of the generators. They will
provide us with the ability to curtail the impact that electricity
cuts have had on our operations as well as mitigate potential
supply challenges in the future."
For further information visit
www.goldplat.com, follow on X @GoldplatGDP or
contact:
Werner Klingenberg
|
Goldplat plc
(CEO)
|
Tel: +27 (0) 82 051 1071
|
Colin Aaronson / Samantha Harrison/
Enzo Aliaj
|
Grant Thornton UK LLP
(Nominated Adviser)
|
Tel: +44 (0) 20 7383 5100
|
James Bavister / Andrew de
Andrade
|
WH Ireland Limited
(Broker)
|
Tel: +44 (0) 207 220 1666
|
Tim Thompson / Mark Edwards / Fergus
Mellon
|
Flagstaff Strategic and Investor
Communications
|
Tel: +44 (0) 207 129 1474
goldplat@flagstaffcomms.com
|
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