Goldplat PLC (GDP)

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Company Description

Goldplat PLC was incorporated on January 24, 2005 and domiciled in England and Wales. The Company operates as a producer of precious metals on the African continent. It is engaged in production of gold and other precious metals, as well as mining of and exploration for gold. Its operating base is situated in South Africa, near Benoni on the East Rand goldfield in South Africa. As well as producing gold, silver and platinum group metals from the by-products of the mining industry support for other group operating subsidiary companies is provided from Benoni. Gold is also produced in Ghana at the Company's site in the free port of Tema, and through a toll treatment agreement with an external processor. The Company's gold recovery operations in South Africa and Ghana recover gold from by-products of the mining process, such as woodchips, mill liners, fine carbon, slags, sludges and waste grease. Its segments are recovery operations: includes the recovery of precious metals from metallurgical challenging materials and the processing of ore, sourced from other mining operations. These products often represent an environmental challenge to the primary producer and are processed in a responsible manner by the company; mining and exploration: includes assets held for commercial exploitation of precious metals and exploration assets held where the commercial viability of the ore resource has not yet been evaluated or is in the process of evaluation and administration. includes activities conducted by holding companies in relation to the group and its subsidiaries...