CAPITAL MARKETS

Golden quarter for Kingsgate

KINGSGATE Consolidated has boosted total gold production for the June 2012 quarter to a record 61,835 ounces on the back of mining of higher grade ore at its Chatree gold mine in Thailand.

Lauren Barrett
Golden quarter for Kingsgate

The production result for the June quarter represents a 2% jump from output recorded in the prior quarter, where production totalled 60,614oz of gold. Total cash costs stood at $US744 per ounce for...

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