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Costs a standout for Kingsgate

AS EXPECTED, Kingsgate Consolidated has missed its 2005-06 financial year production target by about 5000 ounces but the company says it is close to completing the feasibility study into doubling production from its Chatree gold mine in Thailand to 300,000 ounces per annum.

Michael Vaughan
Costs a standout for Kingsgate

Kingsgate produced 140,071oz of gold from Chatree in fiscal 2005-06, missing out on its target of 145,000-150,000oz. The company advised in early June that it was likely to miss the target due to the early...

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