Kingsgate Consolidated Limited (AU:KCN) has released an update.
Kingsgate Consolidated Limited reports significant progress at their Chatree Gold Mine, with Plant #1 reaching its target capacity of 2.3 million tonnes per annum and strong gold recovery rates, averaging over 80%. Additionally, they are undertaking efforts to extend the life of their Tailings Storage Facility by 5-7 years and are in the process of refinancing their debt to enhance liquidity as operations scale up.
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