Goldplat plc
Goldplat plc is an AIM-listed gold-recovery services group operating through South African and Ghanaian divisions, alongside a small exploration portfolio spanning Kenya, Burkina Faso and Ghana. For the quarter ended 31 Mar 2026 the combined South Africa and Ghana operating divisions reported an operating profit of GBP3.86 million.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
- Trading within 0% of its 52-week high — strong recent price momentum.
Lifecycle Milestones
Construction Milestones
5 of 5 reached- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Oct 2006 · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
Not yet determined: road access, grid power.
Jurisdiction (40%)6/10
UK-domiciled, AIM-listed gold-recovery group whose operating divisions are in South Africa and Ghana, with small exploration holdings in Kenya and Burkina Faso. The rating follows those operating jurisdictions, not its UK domicile.
Infrastructure (40%)7.1/10
A confirmed mill and a confirmed tailings facility at South Africa Tailings Storage Facility (TSF); road access and grid power not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:5.5/10
Stage: Production
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
South Africa: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer of Goldplat plc, appointed permanent CEO in September 2019 after joining the company in 2015 as Group Financial Manager and later serving as Group Finance Director. Chartered Accountant with a background in audit, financial management, and experience in the telecommunications and retail sectors.
Group Chief Operating Officer of Goldplat plc, appointed May 2023. Metallurgical Engineer with 26 years of mining industry experience, primarily in diamonds across Namibia and Lesotho. Holds an MBA from the University of Stellenbosch; previously Chief Technical Officer at Namakwa Diamonds.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
This one is a genuine contrast case. Most of the register that looks institutional on the surface is actually brokerage platforms and custody accounts -- Hargreaves Lansdown, Saxo Bank, Barclays Bank, Raymond James -- holding shares in nominee form for underlying retail clients, plus large generalist asset managers with no particular mining focus, including Aberdeen Group Plc at 13.5%, the single largest named line on the register. The single largest shareholder overall is a company director. No genuine resource-specialist fund or producer was found.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Goldplat is an AIM-listed gold-recovery services group whose South African and Ghanaian divisions process gold-bearing by-product material sourced from other mines; it has owned no operating mine since selling Kilimapesa in Kenya to Caracal Gold in August 2021, and it holds exploration interests in Kenya, Burkina Faso and Ghana. Its one quantified deposit is its own tailings storage facility in South Africa, whose JORC resource, first announced in 2016 and restated on 19 August 2026, contains 78,804 oz of gold in measured and indicated resources (50,907 oz measured and 27,897 oz indicated), plus 3,154 oz inferred, within 1.43m tonnes. No feasibility or economic assessment has been completed on it; an initial concept study finished in August 2026 is being assessed, with an update flagged for the end of October 2026. In the quarter to 31 March 2026 the South Africa and Ghana divisions together reported an operating profit of GBP 3.86M and a profit before tax of GBP 3.43M, with GBP 9.2M of cash at bank.