BUZZ-Australia's Kingsgate Consolidated hits 13-1/2-year high on meeting loan conditions

Reuters

01/07

BUZZ-Australia's <a href="https://laohu8.com/S/KSKGF">Kingsgate Consolidated</a> hits 13-1/2-year high on meeting loan conditions

** Shares of Australia's Kingsgate Consolidated KCN.AX rise as much as 2.3% to A$5.94, their highest level since May 2, 2012

** The gold and silver producer says it has satisfied conditions for new $25 million standby loan facility withNebari Natural Resources Credit Fund and other Nebari-affiliated entities

** Co says it repaid existing loan and borrowed $10 million under new facility

** Adds that total borrowings have reduced 68% from A$47 million ($31.65 million) to A$15 million

** Stock up more than 300% in 2025

($1 = 1.4848 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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07:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's <a href=\"https://laohu8.com/S/KSKGF\">Kingsgate Consolidated</a> hits 13-1/2-year high on meeting loan conditions</title></head><body><p>   ** Shares of Australia's <a href=\"https://laohu8.com/S/KCN.AU\">Kingsgate Consolidated</a> <span>KCN.AX</span> rise as much as 2.3% to A$5.94, their highest level since May 2, 2012 </p><p>** The gold and silver producer says it has <span>satisfied</span> conditions for new $25 million standby loan facility withNebari Natural Resources Credit Fund and other Nebari-affiliated entities</p><p>** Co says it repaid existing loan and borrowed $10 million under new facility</p><p>** Adds that total borrowings have reduced 68% from A$47 million ($31.65 million) to A$15 million</p><p>** Stock up more than 300% in 2025</p><p>($1 = 1.4848 Australian dollars)</p><p>(Reporting by Aamir Sheik Khalid in Bengaluru)</p><p>((Aamir.SheikKhalid@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KCN.AU","symbol_name":"KINGSGATE CONSOLIDATED LTD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260106:nL6N3Y719P:1","article_id":"2601584922","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601584922","pubTimestamp":1767743807,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Kingsgate Consolidated hits 13-1/2-year high on meeting loan conditions   ** Shares of 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