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Goldplat Secures Generators to Combat Power Cuts
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Goldplat Secures Generators to Combat Power Cuts

Goldplat plc (GB:GDP) has released an update.

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Goldplat plc, a Mining Services Group operating in South Africa and Ghana, has announced the successful arrival and upcoming commissioning of diesel generators at its South African operations. The GBP800,000 investment, financed through a local bank over three years, aims to mitigate the operational downtime caused by electricity supply cuts, which had previously resulted in a 6% loss of operating hours during the third quarter. CEO Werner Klingenberg expresses optimism that these generators will help alleviate the impact of power issues on their operations.

For further insights into GB:GDP stock, check out TipRanks’ Stock Analysis page.

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