Kingsgate Consolidated Limited (AU:KCN) has released an update.
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Kingsgate Consolidated has reported a productive quarter with 9,671 ounces of gold and 112,734 ounces of silver produced at the Chatree Gold Mine. The company completed the Plant #1 Overhaul Project and expects full commissioning soon, in addition to delivering 14 doré bar shipments and achieving high processing rates with new Caterpillar equipment. Kingsgate’s financial position is strong, with A$16 million in cash, bullion, and doré on hand by the end of March 2024.
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