Increased gold production + lowest cash costs of any ASX gold producer (US$169/oz before royalties) were released in Kingsgate’s (ASX:KCN) quarterly today.
♦ Quarterly Gold Production: 43,036 ounces.
♦ Quarterly Cash costs: US$228/ounce gold.
♦ Annual Gold Production to June 2009: 93,002 ounces.
♦ Cash on Hand A$30 million.
♦ Debt facility repaid in full.
For more information, please see http://www.kingsgate.com.au/news-desk/