The latest update is out from Kingsgate Consolidated Limited ( (AU:KCN) ).
Kingsgate Consolidated Limited has successfully trialed Hexagon Blast Movement Technology at its Chatree Gold Mine, achieving over US$700,000 in value for a cost of US$20,000. The technology, which reduces ore loss and dilution by tracking blast movement with sensor-equipped balls, will now be used continuously at the mine, reflecting the company’s commitment to improving productivity and cost efficiency.
More about Kingsgate Consolidated Limited
Kingsgate Consolidated Limited is a company operating in the mining industry, primarily focused on gold mining. Its key operation is the Chatree Gold Mine, where it implements various technological and efficiency initiatives to enhance productivity.
YTD Price Performance: 27.16%
Average Trading Volume: 19,791
Technical Sentiment Signal: Sell
Current Market Cap: $289.3M
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