GoldStone Resources delays planned gold pour
GoldStone Resources Ltd
0.90p
10:29 07/11/24
-1.64%
-0.02p
West Africa-focussed gold exploration and development company GoldStone Resources announced a delay to its planned gold pour on Thursday.
FTSE AIM All-Share
737.47
13:15 07/11/24
n/a
n/a
Mining
11,337.10
13:15 07/11/24
-1.36%
-155.78
The AIM-traded firm said that for “operational reasons”, it was focusing on ramping up mining and production.
That had necessitated a temporary rescheduling to the pour, in order to “optimise” profitability, the board said.
“The company is working with the new mining contractor to complete a revised mine plan and production schedule, for the coming months and will be in a position to update the market shortly,” the GoldStone directors said in their statement.
At 1057 BST, shares in GoldStone Resources were down 10.35% at 11.47p.