Goldplat plc - Operational Update in relation to Covid-19
Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
('Goldplat', the 'Group' or 'the Company')
Operational Update in relation to Covid-19
Goldplat plc, the AIM quoted gold producer, with international gold recovery operations located in South Africa and Ghana and an underground mining operation in Kenya, announces that its operations will be temporarily curtailed due to restrictions imposed by various Governments to combat the global Covid-19 outbreak.
The Covid-19 pandemic has been escalating and many Governments have taken drastic steps to combat this outbreak. These steps have far reaching ramifications and will continue to impact all spheres of society for the foreseeable future.
It is expected that all
The Company's operation in
Whilst in operation, in whichever jurisdiction, we will continue to protect the staff, business and stakeholders by complying with heightened hygiene measures, restrictions on site visits and travel in general, amongst others.
During the past few weeks, due to uncertainty surrounding the outcome of this virus, our operations have ensured that stock levels of critical materials are at appropriate levels so that operations can re-commence smoothly when we are able to do so.
These measures will result in the reduction of the Company's margins, the extent of which will depend on the length of time that operations will be affected, and we will update the market as appropriate.
We will be updating the Market on the results for the 3rd Quarter during the month of April.
For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:
Colin Aaronson /
James Joyce / Lydia Zychowska
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
This information is provided by RNS, the news service of the
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Market Cap: £9.34 m
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