CAPITAL MARKETS

Kingsgate wins long term fan

JB WERE Goldman Sachs has upgraded its long term investment prognosis for booming Australian miner Kingsgate Consolidated, citing the expectation that a planned expansion at the Chatree operation in Thailand will be at the upper levels of those being mooted.

Michael Quinn
Kingsgate wins long term fan

The company is now rated a long term “buy” (up from a “hold), with the Thai Government granting of mining leases and final results of infill drilling awaited ahead of a milling capacity expansion. Chatree...

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