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Gerard Kisbey-Green, chief executive officer of Africa-focused gold recovery and mining specialist Goldplat (GDP), says the company is looking for ‘mining and other assets’ in what he declares to be ‘an ideal market for mergers and acquisitions’ in the wake of a more than threefold increase in annual losses to £796,000 on turnover down 33% to £16.6 million. Having taken over the top job in February, Kisbey-Green, a South African mining engineer and financier, insists the AIM-quoted company, still chaired by entrepreneurial sector veteran Brian Moritz, is on the way back to profitability, having beefed up its operations, spanning South Africa, Ghana and Kenya, and hopes eventually to derive half its revenues from mining, currently very much a minority contributor.
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