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Kingsgate Consolidated Achieves Fiscal 2026 Production Guidance; Shares Down 3%

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Kingsgate Consolidated (ASX:KCN) achieved its fiscal 2026 production guidance with 86,078 ounces of gold and 766,009 ounces of silver for total output of 97,159 gold-equivalent ounces, according to a Thursday filing with the Australian bourse.

The company's Chatree mine in Thailand produced 20,163 ounces of gold and 220,078 ounces of silver in the June quarter, per the filing.

Kingsgate reported June quarter gold sales of 19,290 ounces and silver sales of 199,625 ounces.

The company ended the June quarter with available cash and bullion of AU$153.1 million. It attributed the AU$37.2 million reduction from the previous quarter mainly to the deployment of capital across several value-accretive initiatives.

Kingsgate Consolidated shares fell nearly 3% in recent Thursday trade.

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