Kingsgate Consolidated Achieves Fiscal 2026 Gold Production Guidance

MT Newswires Live

07/13

Kingsgate Consolidated's (ASX:KCN) Chatree gold mine in Thailand produced 20,163 ounces of gold during the June quarter, bringing fiscal 2026 production to 86,078 ounces to achieve the company's annual guidance, according to a Monday filing with the Australian bourse.

The fiscal 2026 gold production increased 15% from fiscal 2025, per the filing.

The company also produced 220,078 ounces of silver in the June quarter, taking fiscal 2026 silver production of 766,009 ounces, up 22% from the previous year.

Kingsgate reported AU$179 million of cash, bullion, and doré as of the end of June.

The company's shares fell past 15% in recent Monday trade following its same-day disclosure of a "significant mechanical failure" at Chatree.

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