PRECIOUS METALS

Tough quarter for Kingsrose in Indonesia

A PIT wall failure has downgraded forecast production from Kingsrose Mining’s Way Linggo operation in Indonesia to 9500-11,000 ounces for the six-month period ending 2020.

 Kingsrose's Talang Santo pit, Indonesia

Kingsrose's Talang Santo pit, Indonesia

All-in sustaining costs for the output is put in a range of US$1000-1200/oz. While the two open cuts being mined - Way Linggo and Talang Santo - yielded more than 2500oz in the month of April, a pit...

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