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An update from Goldstone Resources ( (GB:GRL) ) is now available.
GoldStone Resources Limited announced a record gold pour of approximately 522 ounces from its Homase Mine in southwestern Ghana. The company has doubled its monthly gold production since November 2024, aiming for 1,000 ounces per month. Despite lower-than-expected ore grades impacting current production, operations will soon return to higher-grade areas, with ongoing expansion efforts supporting increased output through 2025. This progress underscores GoldStone’s operational improvements and commitment to enhancing its position in the gold mining industry.
More about Goldstone Resources
GoldStone Resources Limited is an AIM-quoted mining and development company focused on projects in Ghana, ranging from grassroots exploration to production. The company’s primary focus is the Akrokeri-Homase project in south-western Ghana, which includes a significant gold resource within the Homase Trend. GoldStone aims to expand its portfolio of high-quality gold projects, particularly in the Ashanti Gold Belt.
YTD Price Performance: -0.42%
Average Trading Volume: 2,797,986
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £10.58M
Find detailed analytics on GRL stock on TipRanks’ Stock Analysis page.