Kingsgate Consolidated Limited (AU:KCN) has released an update.
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Kingsgate Consolidated Limited is ramping up production at its flagship Chatree mine, showing promising improvements in output in recent months. Despite challenges from a small group of dissenting shareholders, the company remains optimistic about increasing production and profitability, backed by supportive long-term shareholders and dedicated employees. With a brighter outlook ahead, Kingsgate anticipates rewarding their shareholders as the mine continues to operate at higher throughput levels.
For further insights into AU:KCN stock, check out TipRanks’ Stock Analysis page.