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Who Is Jamie Gibson? Managing Director & CEO of Kingsgate — ASX:KCN| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$KCN
Who Is Jamie Gibson? Managing Director & CEO of Kingsgate
Jamie Gibson: Steering Kingsgate Towards a Bright Future
Jamie Gibson, a seasoned corporate professional with a rich background in mining and international trade, has been leading Kingsgate Consolidated Limited as its Managing Director and CEO since 2013. His journey with the company, which started in corporate strategy and investor relations, has seen him become a vital part of Kingsgate's growth and strategic direction.
Kingsgate Under Gibson's Leadership
Gibson's more than 25 years of experience in the industry, particularly in mining portfolios covering metals and coal, has been instrumental in guiding Kingsgate through various challenges and opportunities. His expertise in international trade and investment has played a key role in the company's global operations.
Strategic Leadership at Kingsgate
Gibson’s appointment as CEO in July 2023 marks a significant milestone in his career. His leadership has been pivotal in driving shareholder value and navigating Kingsgate through complex corporate, political, and regulatory landscapes, especially in Thailand.
A Leading Gold
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Producer in the Pacific Rim
Kingsgate, listed on the ASX under KCN, is renowned for its gold exploration, development, and mining, particularly at its flagship Chatree Gold Mine in central Thailand. The company, listed in 1988, commenced gold production at Chatree in 2001 through its Thai subsidiary, Akara Resources Public Company Limited.
Chatree Gold Mine: A Jewel in Kingsgate's Crown
Since its inception, Chatree has produced about 1.8 million ounces of gold and 8 million ounces of silver. It operated at a rate of around 125,000 to 135,000 ounces annually until mining activities in Thailand were halted in December 2016, leading to the mine's care and maintenance status.
Addressing Challenges in Thailand
Following the Thai Government's 2016 decision to cease all gold mining, Kingsgate has been actively seeking remedies to continue its operations at Chatree, emphasizing the company's resilience and adaptability under challenging circumstances.
Kingsgate's Expansion and Projects
In 2009, Kingsgate expanded into South America by acquiring the Arqueros Project in Chile. This expansion continued with more acquisitions, culminating in the consolidation of the Nueva Esperanza Project in the Maricunga Gold/Silver Belt of northern Chile.
Nueva Esperanza Project: A Promising Endeavor
The Nueva Esperanza Project stands as a testament to Kingsgate's strategic growth. The Pre-Feasibility Study released in April 2016 outlines an ambitious plan, projecting an average production of 91,000 ounces per annum of gold equivalent for 11.6 years. The project boasts an increased Ore Reserve of 1.1 million ounces and a total Mineral Resource base of 1.9 million ounces.
Kingsgate's Future Prospects
Under Gibson's leadership, Kingsgate is well-positioned to capitalize on exploration success and mergers & acquisitions, backed by a team experienced in precious metals operations and a strong balance sheet.
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Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
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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
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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
164d
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
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L
Lykeshares
1y
Official
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
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
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...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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