Kingsgate reports record production

Australian gold miner Kingsgate Consolidated has reported record production figures for the three months to March, with gold production up 14% compared with the previous quarter. During the three months to March, the miner produced 60 614 oz of...

Kingsgate ups quarterly production by 62%

Gold miner Kingsgate Consolidated on Tuesday reported that gold production for the three months to December had increased by some 62%, on the previous quarter, driven by production from its Chatree operation. During the quarter, Kingsgate...

Australian gold output rises 22% in September quarter

Australian gold production rose 22% year-on-year in the September quarter, industry consultants Surbiton Associates said on Sunday. Gold production almost matched that of the buoyant previous quarter at 67 t, or 2,2-million ounces and was 12 t...

Kingsgate eyes Mt Kare gold project in PNG

ASX-listed gold-miner Kingsgate Consolidated on Friday confirmed that it was reviewing the Mount Kare project in Papua New Guinea (PNG) as part of its strategy to diversify its asset base in Southeast Asia and the Pacific Rim. CEO Gavin Thomas...

Kingsgate more than doubles profit, output up

ASX-listed precious-metals-miner Kingsgate Consolidated more than doubled its full-year profit to A$73-million, compared with A$32,5-million in the previous financial year. The surging profit was gained on the back of the Chatree mine, in...

Chatree mine, Thailand

An openpit mine, situated in Thailand.