Kingsgate Eyes Growth Opportunities at Thailand Mine; Shares Fall 6%

MT Newswires Live

2025/07/31

Kingsgate Consolidated (ASX:KCN) is evaluating both internal and external growth opportunities at its Chatree gold mine in Thailand, supported by improving cash flows, according to a Thursday filing with the Australian bourse.

The company has set aside funds for more drilling and is conducting studies to help extend the life of the mine, the filing said.

Shares of the company fell 6% in recent Thursday trade.

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