Kingsgate Consolidated Limited

Kingsgate Consolidated Limited is pleased to advise that the Australian Securities Exchange has notified the Company of its reclassification from a 'mining exploration entity' to a 'mining producing entity'. Kingsgate's Managing Director and CEO, Jamie Gibson GAICD said, "This reclassification represents another important milestone for the Company and reflects our progress towards returning to steady state production at Chatree." #kcn #kingsgate #akararesources #gold #goldmining #asx #asxnews

"The most undervalued gold producer in our ASX coverage" Kingsgate Consolidated Limited is delighted to share this updated coverage from Canaccord Genuity Australia with a speculative buy rating and price target of $2.90. Canaccord Genuity - Global Capital Markets Canaccord Genuity Group Inc. #kcn #kingsgate #akararesources #chatree #gold #goldmining

Following the successful ramp up of production at the Chatree Gold Mine in Thailand, Kingsgate Consolidated Limited is pleased to provide production and All-In Sustaining Costs (AISC) guidance for the 2025 financial year, and a production and AISC outlook for the 2026, 2027 and 2028 financial years.   The production guidance in the 2025 financial year reflects the ramp up of mining and processing operations during the first half, resulting in production being more heavily weighted to the second half. Production is expected to progressively increase through the outlook period, in line with a higher average mill feed grade. #kcn #kingsgate #akararesources #gold #goldmining #AISC #guidance  

Kingsgate Consolidated Limited is pleased to release its Annual Financial Report for the year ended 30 June 2024.   2024 was another transformational year for Kingsgate, with the continued safe ramp up of the Chatree Gold Mine resulting in a material improvement in its operating performance and financial outcomes.   Kingsgate's Managing Director and CEO, Jamie Gibson GAICD said, "On behalf of management and the Board, I'd like to thank everyone involved in the ramp up, who have delivered the outstanding, safe outcomes that I am pleased to share today. It is also very pleasing to be able to provide guidance for the 2025 financial year, and to have the confidence to provide an outlook out to 2028. It really is an exciting time for both Kingsgate and Chatree.” #kcn #kingsgate #akararesources #gold #goldmining

Kingsgate Consolidated Limited was pleased to be back in Colorado to attend and present at Precious Metals Summit Conferences, LLC and Denver Gold Group's Gold Forum Americas this month. Across the two by-invitation-only conferences, Kingsgate had over 50 meetings and connected in person with our North American based institutional shareholders, prospective investors and corporate development executives. #kcn #kingsgate #akararesources #gold #goldmining

Kingsgate Consolidated Limited was delighted to be the major sponsor of Kerry Stevenson’s recent Australian Gold Conference in Sydney, the only Australian event which brings together all of the precious metals and investment community. Across the three day event, Kingsgate connected with current and prospective shareholders and institutional investors alongside other peer companies including gold explorers, developers and producers. Members of the Kingsgate management team including Jamie Gibson GAICD, Jillian Terry and Bronwyn Parry were pleased to have the opportunity to present and participate in panel discussions during the conference. #kcn #kingsgate #akararesources #gold #goldmining #australiangoldconference  

Kingsgate Consolidated Limited was delighted to exhibit and present at the Diggers & Dealers Mining Forum in Kalgoorlie this week. Kingsgate has been attending Diggers & Dealers since the early 1990s and was pleased to return to Australia's leading mining forum which brought together a record 2,800 domestic and international delegates this year. Over the past three days, Kingsgate connected with current and prospective shareholders, institutional investors, bankers, financiers and other corporates. Kingsgate's Managing Director and CEO Jamie Gibson GAICD also had the opportunity to present and speak about the Kingsgate value proposition. The full presentation can be viewed here: https://lnkd.in/gPSSpX8Q #kcn #kingsgate #akararesources #gold #goldmining #diggersanddealers

Kingsgate Consolidated Limited is pleased to announce the appointment of Dan O'Connell to the management team as Chief Financial Officer, effective 29 July 2024. Kingsgate's Managing Director and CEO Jamie Gibson GAICD said, "We are delighted to welcome Dan to the management team. We are confident his highly relevant experience and financial expertise will set up Kingsgate well to execute our ambitious growth strategy."

Kingsgate Consolidated Limited is pleased to advise that the conditions precedent to draw down the US$35,000,000 term facility with Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund II, LP have been satisfied, and the funds have now been received. Kingsgate’s Managing Director & CEO, Jamie Gibson GAICD said, “We look forward to working with Nebari to support Chatree’s ongoing ramp-up to full production, and in particular, we appreciate their efforts to help us expedite the receipt of funds.” #kcn #kingsgate #akararesources #chatree #gold #goldmining #asx #miningnews

🇦🇺 Weekly gold drilling highlights