Sludge approval and gains suggest Kingsgate could clean-up in messy Thai case

SHARES in Kingsgate Consolidated continued their strong market run of late after the company announced the Thai government had given it permission to sell a gold and silver sludge at the Chatree operation to a refinery for processing.

Sludge approval and gains suggest Kingsgate could clean-up in messy Thai case Sludge approval and gains suggest Kingsgate could clean-up in messy Thai case Sludge approval and gains suggest Kingsgate could clean-up in messy Thai case Sludge approval and gains suggest Kingsgate could clean-up in messy Thai case Sludge approval and gains suggest Kingsgate could clean-up in messy Thai case

The Chatree mine in Thailand

The sludge comprises the residue from the processing plant (including tanks) that accumulated when the operation was cleaned up after its closure at the end of 2016.