Webstream NewsDesk News Releases

Kingsgate Dividend Announcement

stream — Tue, 30 Aug 2011 05:35:28 +0000

The Kingsgate Dividend Reinvestment Plan remains active for the recently announced 5 cent unfranked dividend. The rules of the Dividend Reinvestment Plan are detailed on the Company’s website. http://kingsgate.com.au/company/dividend-reinvestment-plan.htm The Company wishes to advise the entire 5 cent dividend was derived from conduit foreign income. Click here to download this announcement as a pdf file

Kingsgate End of Year Financial Report

stream — Tue, 30 Aug 2011 02:26:54 +0000

Kingsgate’s End of Year Financial Report for the period ending 30 June 2011. Click here to download pdf file.

Kingsgate Financial Results – Year to June 2011

stream — Tue, 30 Aug 2011 02:25:43 +0000

Profit after tax for the year was $21 million (2010, $73 million). This was principally due to lower gold sales of 114,380 ounces, a decrease of 15.2% from the previous year reflecting the abnormal operating conditions at both Chatree and Challenger during this transition year. The profit result for the full year included a $15.8...

GCR’s South Australian Gawler Craton Projects

stream — Mon, 29 Aug 2011 05:56:44 +0000

NEW GRAVITY DATA INTERPRETATION ADDS TO GCR’s IOCG TARGETS Golden Cross Resources (GCR) holds over 3,400 km of area within the Gawler Craton of South Australia. The Gawler Craton, and the G2 Structural Corridor which traverses it, host Australia’s major Iron Oxide Copper Gold (IOCG) deposits: Olympic Dam, Carapateena and Prominent Hill. Interpretation of open-file...

Kingsgate – Settlement with Thai Preference Shareholder

stream — Mon, 29 Aug 2011 05:55:49 +0000

Kingsgate Consolidated Ltd (ASX : KCN) announces that a settlement has been reached with Sinphum Co. Ltd (Sinphum), a Thai company which held preference shares in Kingsgate’s Thai operating subsidiary, Akara Mining Limited (Akara). As a result both parties have agreed to cease all legal and arbitration actions and the preference shares in Akara have...

Bowdens Silver Project – Update to August 1 2011 Announcement

stream — Fri, 05 Aug 2011 05:55:43 +0000

Kingsgate Consolidated Limited (ASX:KCN) notes that in its August 1 2011 ASX announcement concerning the acquisition of the Bowdens Silver Project, reference was made to a previously quoted Canadian National Instrument (NI 43-101) resource statement for Bowdens that was previously prepared and released in Canada by the vendor, Silver Standard Resources Inc. Whilst Kingsgate believes...

New Drill Holes at Copper Hill

stream — Thu, 04 Aug 2011 04:52:02 +0000

HIGHLIGHT EXTENSIVE COPPER-GOLD MINERALISATION AT DEPTH EXTEND THE OPEN PIT POTENTIAL AT BUCKLEY’S HILL LOCATE A NEW 4g/t GOLD ZONE Assay results from GCHR313 have been received and indicate a large zone of copper-gold mineralisation extending from 25 metres to 695 metres down-hole: 670 metres grading 0.28% copper, 0.28 g/t gold Using a 0.2% copper...

Presentation by Kingsgate’s Gavin Thomas at Diggers and Dealers

stream — Wed, 03 Aug 2011 05:42:29 +0000

Presentation by CEO and Managing Director Gavin Thomas at Diggers and Dealers Forum, August 2nd 2011. Click here to view presentation.

Kingsgate to Acquire Bowdens Silver Project

stream — Mon, 01 Aug 2011 00:16:21 +0000

Kingsgate Consolidated Limited – ASX:KCN – (“Kingsgate”) announces that it has entered into an agreement to purchase the Bowdens silver project in New South Wales (N.S.W.), Australia from a wholly-owned subsidiary of Silver Standard Resources Inc. (“Silver Standard”) (http://www.silverstandard.com/), subject to the satisfaction of certain conditions precedent. Bowdens, located some 240km west of Sydney, is...

Kingsgate June 2011 Quarterly Report

stream — Fri, 29 Jul 2011 08:48:48 +0000

Key Points Group quarterly gold production of 36,877 ounces (Chatree 16,180 ounces and Challenger 20,697 ounces). Total cash costs of US$583/oz at Chatree and US$1,059/oz at Challenger (incl. royalties). Chatree North Plant expansion on schedule and near 5% under budget. Strong positive gold reconciliation of 124% from lower levels of the Challenger M2 Shoot system....