Clean slate for Kingsgate

KINGSGATE is now set to take advantage of spot gold prices after delivering nearly 60,000oz of gold for this financial year into its gold hedging program for a total value of $18.6 million.

Clean slate for Kingsgate Clean slate for Kingsgate Clean slate for Kingsgate Clean slate for Kingsgate Clean slate for Kingsgate

In a short announcement yesterday, the company said it had shipped the final physical delivery into its hedging program of 58,780 gold ounces at an average price of $US316 per ounce.

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