(Kitco News) - Ghana-focused gold producer and developer Goldstone Resources (AIM: GRL) confirmed today that an armed robbery took place at its Homase site, which, whilst no-one was hurt, resulted in a loss of gold with a value of approximately US$350k.
“Whilst this loss is not expected to have a material impact on the financial performance of the business, the company was not in a position to make an announcement that was compliant with the AIM Rules, which led to a suspension in the trading of its ordinary shares on AIM whilst an investigation was launched by the authorities in Ghana,” the company said in its press-release.
The company noted that the investigation into the robbery is ongoing and, concurrently, GoldStone is reviewing its security protocols, adding that a new security company has been appointed and additional security measures are being implemented on an urgent basis to enhance protection for the company's operations, assets and personnel moving forward.
Goldstone pointed out that these issues are causing some short-term disruption to operations, which are expected to continue into Q3 2022, but the company expects to maintain regular production of gold doré throughout Q3 and Q4 2022.
Goldstone Resources is an AIM quoted resource development company with projects in West Africa. The company has a portfolio of gold projects, from exploration to near term development, the principal being the Akrokeri-Homase project in south-western Ghana, which lies approximately 8 km along strike from the Obuasi gold mine, one of the world’s major gold mines with a total historical and current resource in excess of 70M oz Au.
