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Kingsgate Consolidated Limited's Quarterly Report Shows Strong Operational Performance — ASX:KCN| ASX Mining News & Discussion
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Lykeshares Official
$KCN Kingsgate Consolidated Limited's Quarterly Report Shows Strong Operational Performance
Kingsgate Consolidated Limited has released its quarterly report covering the period ending 30 June 2023, showcasing a robust operational performance at the Chatree Gold Mine.

Positive Results at Chatree Gold Mine

As of 30 June 2023, the Chatree Gold Mine has produced approximately 10,000 ounces of gold and 110,000 ounces of silver, exceeding the expected performance levels. The plant #2 operations exceeded the nameplate capacity of 2.7 million tonnes per annum with notable progress advancing on the Process Plant #1 Overhaul Project. The drilling contract has been finalised with LotusHall Mining to mobilise mining plant and equipment for mining operations at the Quartz Lease in the September quarter.

Resource Expansion and Leadership Changes

Kingsgate announced a significant increase in resource expansion through a stockpile density assessment, indicating one million additional tonnes of ore which equates to an additional 14,338 ounces of gold and 248,426 ounces of silver. Furthermore, the Board of Investment Certificate which ...
Kingsgate Consolidated Limited's Quarterly Report Shows Strong Operational Performance

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?