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Goldstone Resources ( (GB:GRL) ) has shared an announcement.
GoldStone Resources Limited has reported progress in its production ramp-up at the Homase Mine in southwestern Ghana. The company achieved a stacking rate of 48,000 tonnes per month and produced 416 ounces of gold doré in December 2024. The company aims to reach a production target of 1,000 ounces of gold per month by the first quarter of 2025. Development efforts continue with civil engineering works on Cells 6 and 7 to support the planned production increase throughout the year. CEO Emma Priestley expressed optimism about the progress and the company’s outlook for 2025.
More about Goldstone Resources
GoldStone Resources Limited (AIM: GRL) is an AIM-quoted mining and development company focused on projects in Ghana, ranging from grassroots exploration to production. The company is primarily engaged in developing the Akrokeri-Homase project in southwestern Ghana, which hosts a JORC Code compliant resource and is part of the highly prospective Ashanti Gold Belt.
YTD Price Performance: -0.42%
Average Trading Volume: 2,583,884
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £9.03M
Learn more about GRL stock on TipRanks’ Stock Analysis page.
