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Kingsgate lifts forecast 40%

KINGSGATE Consolidated has increased its forecast earnings in 2004 by nearly 40% based on its hig...

MiningNews.Net

Earnings at a gold price of US$400 per ounce will now total US$30 million, based on production of 155,000oz at cash costs of US$120/oz. Prior to the discovery of the so-called P Pit, Kingsgate had forecast...

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