PROJECT FINANCE

Kingston raises for Mineral Hill revival

WITH its tailings recovery project improving month on month, plans to restart open pit and underground mining at Mineral Hill firming up, Kingston Resources has secured more funding to advance its longer-term ambitions.

 Kingston has abundant infrastructure at Mineral Hill

Kingston has abundant infrastructure at Mineral Hill

The mine, in New South Wales' Cobar Basin, produced 1827 ounces at all-in sustaining costs of A$1312/oz for the month of May, generating revenue of some $5 million but, as nice as that income stream is,...

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