Kingsgate Consolidated Says Mining Activities Begin to Establish New Pit at Thailand Gold Mine

MT Newswires Live
Jul 28

Kingsgate Consolidated (ASX:KCN) said mining activities began to establish the new Q pit at the Chatree gold mine in Thailand, with production drilling commencing, according to a Tuesday Australian bourse filing.

It completed the first controlled blast within the Q pit development area and progressed drill pad construction, traffic management systems, and blast clearance infrastructure.

Geotechnical studies, as well as detailed engineering and pit wall design to optimize the final mining configuration, are also underway.

Its shares fell 1% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10