Goldplat chief executive stands down

AIM-listed gold producer Goldplat's chief executive Gerard Kisbey-Green has stepped down from the board with immediate effect.

Kisbey-Green was replaced by Goldplat's chief financial officer Werner Klingenberg on an interim basis on Friday but the outgoing chief executive will continue to provide services to the group as required in order to ensure a smooth managerial transition.

Goldplat also launched a full review of its senior management requirements to fully reflect its current emphasis on profitable recovery operations.

Chairman Matthew Robinson said: "I would like to thank Gerard for his hard work and enthusiasm over the last four years as CEO and wish him the best of luck in his future endeavours.

"The outcome of the review of the group’s senior management requirements will reflect the group’s strategic requirements going forward."

Goldplat also revealed that 7,078 ounces of gold and equivalents were sold and transferred during the third quarter of its trading year, compared to 6,751 ounces sold at the same time a year earlier.

The company saw continued profitable production in South Africa during the quarter as it progressed in building upon the greater West African market.

At 0825 BST, Goldplat shares were up 3% to 3.09p.