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Kingsgate Consolidated (ASX: $KCN) updates chatree gold mine operations

Kingsgate Consolidated Limited provides update on Chatree Gold Mine


Kingsgate Consolidated Limited (ASX:KCN) has announced the arrival and commissioning of new mining equipment at the Chatree Gold Mine. The company also disclosed the appointment of Bob Kennedy as the Acting General Manager Operations following the departure of Rob Kinnaird. The mine is currently operating above its combined nameplate capacity, and the company expressed gratitude to Rob for his contributions to the Plant 1 refurbishment.

Executive Commentary on Chatree Gold Mine Update


On behalf of the Board, I'd like to thank Rob, congratulate Bob, and welcome Ryan to the team. This has been and continues to be a transformational quarter for Chatree, with gold and silver production to date for Q1 FY25 already exceeding last quarter's production. - Jamie Gibson, Managing Director and Chief Executive Officer

Summary of Chatree Gold Mine Update


Kingsgate Consolidated Limited (ASX:KCN) has provided an update on the Chatree Gold Mine, with the arrival and commissioning of new mining equipment contributing to the mine's operation above its combined nameplate capacity. The company expressed appreciation for the efforts of Rob Kinnaird and announced the appointment of Bob Kennedy as the Acting General Manager Operations. Furthermore, the company welcomed Ryan Mitchell as the new Mining Manager at Chatree. The Managing Director and CEO, Jamie Gibson, highlighted the transformational quarter for Chatree, with gold and silver production for Q1 FY25 already surpassing the previous quarter's production.

KINGSGATE CONSOLIDATED LIMITED.
KCN | ASX | Materials
1.340(+0%)
At close 20/11 (AEDT)
Market cap
$345.4M
Volume
635,251
DY Yield
PE Ratio
1.7402599
52 Week Range
1.125 - 1.885
1YR Return
N / A

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