Kingsgate Consolidated (ASX:KCN) said its gold production during the March quarter came in at 20,628 ounces, rising by 15% from 17,936 ounces produced in the previous quarter, marking the fourth consecutive quarter of gold production growth, according to a Wednesday Australian bourse filing.
It also reported that 161,523 ounces of silver were produced during the period, rising from the 128,037 ounces of silver produced in the December 2024 quarter.
It reported gold sales of 20,000 ounces at an average price of $2,875 per ounce for gold and 149,958 ounces of silver at an average price of $31.65 per ounce for silver.
It also said the all-in sustaining cost fell 13% during the quarter to $1,839 per ounce.
The volume of ore mined during the March quarter rose by 23% to 1.34 million tonnes, and its processing plants are operating 10% above nameplate capacity at an annualized rate of 5.5 million tonnes per annum.
Its shares rose 4% in recent trading on Wednesday.
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