Kingsgate on target despite output dip

GOLD miner Kingsgate Consolidated is confident of hitting the upper end of its 2009-2010 gold production forecast of 120,000-140,000 ounces despite a 32% quarterly dip in production from its Chatree gold mine in Thailand.

Kingsgate on target despite output dip Kingsgate on target despite output dip Kingsgate on target despite output dip Kingsgate on target despite output dip Kingsgate on target despite output dip

For the September quarter, Kingsgate reported gold production from Chatree of 29,302oz, down from 43,036oz in the June quarter.

Gold grade was reduced from 2.