https://newsletter.mw.creamermedia.com
Financial|Gold|Mining|Operations
Financial|Gold|Mining|Operations
financial|gold|mining|operations

Kingsgate details production plans

19th September 2024

By: Creamer Media Reporter

     

Font size: - +

Following the successful production ramp-up at the Chatree gold mine, in Thailand, Australia-based Kingsgate Consolidated on Thursday spelled out its production plans until the 2028 financial year.

In the 2025 financial year, the company will produce between 80 000 oz and 90 000 oz of gold, and between 500 000 oz and 600 000 oz of silver, for gold-equivalent production of 86 000 oz to 97 000 oz at an all-in sustaining cost (AISC) of $1 650/oz to $1 800/oz.

The production guidance in the 2025 financial year reflected the ramp-up of mining and processing operations during the first half, resulting in production being more heavily weighted to the second half, said Kingsgate.

Production is expected to progressively increase through the outlook period, in line with a higher average mill feed grade.

For the period 2026 to 2028, Kingsgate is forecasting gold production of 95 000 oz to 120 000 oz and silver output of 550 000 oz to 750 000 oz, for gold-equivalent production of 102 000 oz to 130 000 oz at an AISC of $1 400/oz to $1 600/oz.

Edited by Creamer Media Reporter

Comments

 

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 06 December 2024
Magazine round up | 06 December 2024
6th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.136 0.212s - 144pq - 2rq
Subscribe Now