Non-Executive Director Resignation
17 October 2014
Manager
Company Announcements Office
Australian Securities Exchange
Non-Executive Director Resignation
Kingsgate Consolidated Limited (ASX: KCN) wishes to advise of the resignation of Non-Executive Director, Mr Craig Carracher.
The Board of Kingsgate would like to thank Craig for his contribution over his time as a Non-Executive Director of the Company.
Ross Smyth-Kirk
Chairman
Kingsgate Consolidated Limited
Preliminary September Quarterly Release
17 October 2014
Manager
Company Announcements Office
Australian Securities Exchange
Preliminary September Quarterly Release
As a pre-release to its September Quarterly Report, which is scheduled for release on 29 October 2014, Kingsgate would like to advise the following information, subject to confirmation and finalisation:
- Group quarterly gold production of 53,557 ounces at a total cash cost of US$906/oz.
- Chatree produced 33,648 ounces at US$751/oz and Challenger produced 19,909 ounces at US$1,167/oz.
This solid production level is in-line with Group guidance of 195,000 ounces to 215,000 ounces for the current fiscal year.
At the end of September, cash and bullion/doré totalled A$76.4 million, comprising cash of A$60.7 million and bullion/doré of A$15.7 million.
Executive Chairman of Kingsgate, Mr Ross Smyth-Kirk said, “We have started the year with a very solid first quarter putting us well on track for the full year.”
“We remain focussed on realising the full potential of our asset portfolio and I believe we have the requisite skills to achieve it.”
Tim Benfield
Acting CEO
Kingsgate Consolidated Limited
Executive Management Change
16 October 2014
Manager
Company Announcements Office
Australian Securities Exchange
Executive Management Change
Kingsgate Consolidated Limited (ASX: KCN) advises that CEO, Mr Geoff Day, and CFO, Mr Austen Perrin, have ceased employment with the Company.
The Kingsgate Board has appointed Chairman, Mr Ross Smyth-Kirk as interim Executive Chairman and Mr Tim Benfield, who is the Company’s Chief Operating Officer, as interim CEO. In addition, Mr Ross Coyle, Kingsgate’s General Manager Finance and Administration has been appointed acting CFO.
These appointments are made pending permanent appointments to these positions.
Ross Smyth-Kirk
Chairman
Kingsgate Consolidated Limited
Appointment of Chief Financial Officer
17 September 2014
Manager
Company Announcements Office
Australian Securities Exchange
Appointment of CFO
Kingsgate Consolidated Limited (ASX: KCN) is pleased to announce the appointment of Mr Austen Perrin to the role of Chief Financial Officer (CFO).
Austen has an extensive career history across a variety of relevant industries that will help position Kingsgate into the future. His executive experience includes CFO and/or Finance Director roles at Whitehaven Coal Limited, Asciano Limited, Pacific National Pty Limited and Toll NZ Limited.
Austen is a Member of the Institute of Chartered Accountants (ICAA) in Australia and holds a Bachelor of Economics degree (Accounting & Finance) from Macquarie University.
Kingsgate CEO, Geoff Day, said “I am delighted to welcome Austen to the Kingsgate team and look forward to his significant input to the growth and development of Kingsgate.
Austen is a highly experienced and well-credentialed finance executive with a strong track record of delivering financial and commercial results.”
Austen will commence duties on Monday 22 September 2014.
Geoff Day
CEO
Kingsgate Consolidated Limited
Denver Gold Forum – September 2014
16 September 2014
Denver Gold Forum
Adapting to changing markets and building for the future
Kingsgate’s Vision
Focus on delivering shareholder & stakeholder value through:
- Maximising operational performance of existing mines
- Developing high quality precious metal projects
- Lowering costs, increasing margins and improving cashflows
- Strategic engagement and relationship building with all stakeholders