Kingsgate Consolidated Limited (Kingsgate) is a highly successful gold mining, development and exploration company, traded on the Australian Stock Exchange (KCN: ASX). The company owns and operates the world class low cost Chatree gold mine in central Thailand, the Challenger underground gold mine in South Australia and 70% of Laguna Resources NL that is undertaking a feasibility study on the advanced Arqueros silver/gold project in the highly prospective Maricunga Gold Belt in Central Chile.
A strong commitment to near mine exploration is growing the reserve/resource position and supporting a major expansion of operations in Thailand to a rate of 200,000 ounces per annum. At Challenger, a renewed focus on the exploration potential close to the surface is delivering results.
Over the next three years Kingsgate's gold production will grow to over 400,000 ounces of gold per year supporting Kingsgate as the premier mid-tier ASX listed gold producer.
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