Kingsgate 3Q Gold Output a Tad Soft, But Mine Showing Consistency -- Market Talk

Dow Jones

Apr 13

0103 GMT - Kingsgate's 3Q gold output appears to be a slight miss, says MA Financial analyst Paul Hissey. Yet a fifth consecutive quarter above 20,000 oz "speaks to the consistency of the Chatree operation," he says. Kingsgate produced 21,036 oz in 3Q. MA expected about 23,200 oz. Hissey says it's hard to comment on why output appears weaker than anticipated given the limited detail in Kinsgate's update. "However we assume lower cash and bullion balance is likely due to softer production," he says. Reaffirmed guidance "suggests confidence that the asset is well placed to close out the FY," Hissey adds. He notes that only about 19,000 oz is needed to meet the bottom end of FY guidance. MA has a buy rating and A$6.95 target. Shares are down 2.3% at A$5.10. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

April 12, 2026 21:03 ET (01:03 GMT)

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Yet a fifth consecutive quarter above 20,000 oz \"speaks to the consistency of the Chatree operation,\" he says. Kingsgate produced 21,036 oz in 3Q. MA expected about 23,200 oz. Hissey says it's hard to comment on why output appears weaker than anticipated given the limited detail in Kinsgate's update. \"However we assume lower cash and bullion balance is likely due to softer production,\" he says. Reaffirmed guidance \"suggests confidence that the asset is well placed to close out the FY,\" Hissey adds. He notes that only about 19,000 oz is needed to meet the bottom end of FY guidance. MA has a buy rating and A$6.95 target. Shares are down 2.3% at A$5.10. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 12, 2026 21:03 ET (01:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kingsgate 3Q Gold Output a Tad Soft, But Mine Showing Consistency -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKingsgate 3Q Gold Output a Tad Soft, But Mine Showing Consistency -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-13 09:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0103 GMT - Kingsgate's 3Q gold output appears to be a slight miss, says MA Financial analyst Paul Hissey. Yet a fifth consecutive quarter above 20,000 oz \"speaks to the consistency of the Chatree operation,\" he says. Kingsgate produced 21,036 oz in 3Q. MA expected about 23,200 oz. Hissey says it's hard to comment on why output appears weaker than anticipated given the limited detail in Kinsgate's update. \"However we assume lower cash and bullion balance is likely due to softer production,\" he says. Reaffirmed guidance \"suggests confidence that the asset is well placed to close out the FY,\" Hissey adds. He notes that only about 19,000 oz is needed to meet the bottom end of FY guidance. MA has a buy rating and A$6.95 target. Shares are down 2.3% at A$5.10. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 12, 2026 21:03 ET (01:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627102072","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627102072","pubTimestamp":1776042180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0103 GMT - Kingsgate's 3Q gold output appears to be a slight miss, says MA Financial analyst Paul Hissey. Yet a fifth consecutive quarter above 20,000 oz \"speaks to the consistency of the Chatree operation,\" he says. Kingsgate produced 21,036 oz in 3Q. MA expected about 23,200 oz. Hissey says it's hard to comment on why output appears weaker than anticipated given the limited detail in Kinsgate's update. \"However we assume lower cash and bullion balance is likely due to softer production,\" he says. Reaffirmed guidance \"suggests confidence that the asset is well placed to close out the FY,\" Hissey adds. He notes that only about 19,000 oz is needed to meet the bottom end of FY guidance. MA has a buy rating and A$6.95 target. Shares are down 2.3% at A$5.10. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7104":"黄金","KCN.AU":"KINGSGATE CONSOLIDATED LTD"},"translate_title":"Kingsgate第三季度黄金产量有点疲软，但我的黄金产量显示出一致性——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KCN.AU":0.9},"content_text":"0103 GMT - Kingsgate's 3Q gold output appears to be a slight miss, says MA Financial analyst Paul Hissey. Yet a fifth consecutive quarter above 20,000 oz \"speaks to the consistency of the Chatree operation,\" he says. Kingsgate produced 21,036 oz in 3Q. MA expected about 23,200 oz. Hissey says it's hard to comment on why output appears weaker than anticipated given the limited detail in Kinsgate's update. \"However we assume lower cash and bullion balance is likely due to softer production,\" he says. Reaffirmed guidance \"suggests confidence that the asset is well placed to close out the FY,\" Hissey adds. He notes that only about 19,000 oz is needed to meet the bottom end of FY guidance. MA has a buy rating and A$6.95 target. Shares are down 2.3% at A$5.10. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 12, 2026 21:03 ET (01:03 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}