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Goldplat is focused on building a mid-tier gold mining and production vehicle in Africa, partially financed by an established gold and platinum group metals recovery business with blue-chip clients and strong revenues.
Our Business
Goldplat's business consists of two divisions - an established and profitable precious metals recovery business and a junior gold mining business.
Goldplat, through its wholly owned subsidiary Goldplat Recovery, is a market leader in the recovery of gold and platinum group metals from metallurgically-challenging materials consisting primarily of by-products from gold and platinum mines.
Goldplat Recovery's plant in South Africa is near the centre of the East Rand Goldfield. Raw material feedstocks are sourced from many of the major South African mining companies.
Goldplat , through its wholly owned subsidiary Gold Recovery Ghana Limited, has established a processing plant in Tema, Ghana to process the by-products from the West African gold producing regions. Extensions to the plant will be completed before the end of 2007 and by the middle of 2008 the plant will be in full production.
Goldplat is now entering the junior gold mining sector in Africa in order to take advantage of its many years of experience in this field. It is evaluating opportunities with a view to utilizing the cash flows generated from the by-product processing operations.
Key Strengths
Company Structure
Goldplat Recovery
Goldplat's flagship operation is in South Africa , where it has built a reputation over more than 25 years as a market leader with the ability to extract precious metals from numerous mining waste products.
Its technology provides an economic method for mines to dispose of waste materials while at the same time adhering to their environmental obligations.
To diversify, a new plant has been built in Ghana to service Africa's second largest gold producer as well as those of Guinea and Mali.
Over more than 25 years Goldplat Recovery has built up a substantial blue-chip supplier base that includes all the major names of the African mining industry, including Anglogold Ashanti , Goldfields, Harmony, and Lonmin. The Company's plant, strategically located on a 22-hectare freehold site in the mining district east of Johannesburg , has five lines for processing gold bearing material.
Goldplat's PGM treatment plant has similar flexibility in its ability to process a variety of materials. The supply of materials for processing is guaranteed as long as mining continues - and it has already accumulated around two years of feed material.
Gold Recovery Ghana
Goldplat has replicated its successful South African recovery business model in Ghana where there are significant mining operations that can benefit from the recovery process.
Gold Recovery Ghana services the West African gold producers in Ghana, Mali, Tanzania, Guinea, Burkina Faso, Benin, Ivory Coast, Senegal, DRC and Mauritania, accessing significant markets that are relatively untapped and showing promising signs for growth.
The operating plant, on a six-acre site in the Tema export processing zone in Ghana , has agreements with a number of leading mining companies.
Gold Mining
The Company's long-term aim is to focus on gold mining and production, primarily in the 300 000 ounce to two million ounce bracket, where the Company can fully utilize its expertise.
Its strategy is to rapidly enter the junior gold mining sector in Africa to take advantage of the management team's many years of combined experience in this field. The directors believe the Company is ideally placed to gain resources too small to be of interest to the major mining companies.
The focus will be on proven gold resources - between 300,000 oz and two million oz, avoiding greenfield exploration. Goldplat will take a balanced risk approach by using cash flows from its existing processing operations to fund development of mining projects.
Africa will remain the Company's focus, which is where Goldplat has considerable expertise and where the greatest resource potential lies. Currently it has under review a number of opportunities in Mozambique , Ghana , Kenya , and South Africa.
Lolgorien Joint Venture , Kenya
Goldplat, in a joint venture with International Gold Exploration AB, a Swedish mineral exploration company quoted on the Oslo Stock Exchange, is developing the gold potential of 10 identified targets situated within the highly prospective 213 sq km Lolgorien licence area located in the historically producing Migori Archaean Greenstone Belt in western Kenya , with a view of establishing a mining operation in the short term.
The Migori Archaean Greenstone Belt is in the northern continuation of the Lake Victoria Goldfields, which hosts many major gold deposits. The licence area has been the site of historical gold mining and is still the focus of artisanal mining.
Goldplat is focused on proceeding to resource definition through an extensive confirmatory exploration programme and in a short timeframe establish a gold mining operation.
Operations in South Africa, Ghana and Kenya
| Brian Moritz | Non-executive Chairman |
| Demetri Manolis | Chief Executive |
| Ian Visagie | Finance Director |
| John Woolgar | Non-executive Director |
| Dr. Robert Pitts Smith | Technical/Marketing Manager |
| Pedro De Souza | Plant Manager |
| Sam Du Plessis | Consultant |
| Mark Austin | Geologist |
Company AddressLevel 2, 26 Dover Street
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Additional Address/Key ContactSouth African office: |
CapitalTotal issued share capital; 112,120,000 |
Annual General MeetingTBA | Year End30 June |
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