Goldplat reports weighty losses for 2014

Aim-listed gold producer Goldplat has suffered a £377 000 pre-tax loss and an £827 000 operating loss for the six months ended December 31, 2014, owing to the impact of refinery problems at its operations and increased exposure to gold price fluctuations. The Africa-focused miner said that, while it had made progress with its South African gold recovery operation’s (GPL’s) new contracts and initiatives to increase gold production, the operation, along with its Gold Recovery Ghana (GRG) operation was impacted by continuing difficulties with third-party refiner Rand Refinery.