27th Aug 2014 09:52
LONDON (Alliance News) - Goldplat PLC Wednesday said it expects to report an operating profit for its recently-ended financial year, after an operating profit in the second half offset the loss it had posted in the first half.
The company said its operating profit had been hit by the temporary suspension of toll treatment at its Ghanaian gold recovery operations and a delay in sales of fine carbon contracts, as well as continuing losses at its Kilimapesa gold mine in Kenya, where it's trying to find a joint venture partner to increase the milling capacity.
Goldplat expects to report its results for the year that ended June 30 on September 22.
Its shares were up 2.5% at 4.10 pence Wednesday morning.
By Steve McGrath; [email protected]; @stevemcgrath1
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