Intraday yesterday Goldplat updated the market on the electricity supply situation in South Africa. It appears that the electricity cuts have continued into Q3 with additional hours in March lost due to problems on the transmission lines to the operations. Hours lost during Q3 to date are already 43% higher than those experienced during Q2. Goldplat is engaging the municipalities and providers to reduce the impact on operations and continues to investigate ways to increase productivity during t ....

17 Mar 2023
Goldplat plc (GDP) – Corporate – Update on electricity situation in South Africa

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Goldplat plc (GDP) – Corporate – Update on electricity situation in South Africa
Goldplat plc (GDP:LON) | 0 0 0.0% | Mkt Cap: 17.2m
- Published:
17 Mar 2023 -
Author:
Paul Smith | David Seers -
Pages:
4 -
Intraday yesterday Goldplat updated the market on the electricity supply situation in South Africa. It appears that the electricity cuts have continued into Q3 with additional hours in March lost due to problems on the transmission lines to the operations. Hours lost during Q3 to date are already 43% higher than those experienced during Q2. Goldplat is engaging the municipalities and providers to reduce the impact on operations and continues to investigate ways to increase productivity during t ....