KCN 7.82% $1.36 kingsgate consolidated limited.

General discussion, page-4012

  1. 6,265 Posts.
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    This must be an old photo (A Main being dry, after all).

    https://hotcopper.com.au/data/attachments/6047/6047007-38ec9b88f62194bba8f57d7edd024196.jpg


    Above: before.
    Below: after (2023).

    https://hotcopper.com.au/data/attachments/6047/6047014-8abb73930613ace1ce3f11378f6a1319.jpg

    Looks like they keep another stockpile up here near the pits. They also have a car park for the trucks. And they seem to have mostly filled in the pit on the left in 2015-2016.

    So the photo that they're using for PR is from <2015.

    "The company is in the process of requesting to amend the mine layout to make it wider and deeper."

    Is this holding us back from mining Quartz ore?

    "The part that we requested to amend the mine layout is still the same area that received the concession certificate. But it is in the northern side of the road. It's not a new area."

    This? Wider and deeper, instead of these tiny pits.

    https://hotcopper.com.au/data/attachments/6047/6047056-6869b24179a52a0b7c99dc8cd0000b7f.jpg

    "if permission is granted, will result in the company Agra can continue mining for another 4-5 years from resources"

    "Currently, Akara sends ore to PMR, including silver and gold, at approximately 1 ton/month. This amount will contain approximately 8-10% gold ore, or if we only consider the weight of gold sent to PMR, It is approximately 90-100 kg/month."

    95kg = 3350oz = 40koz PA. Same as priorly announced.


    "the company now has more than 300 employees and is preparing to accept more than 100 new employees in general positions, and this time it will be a position that does not place much emphasis on educational qualifications or experience. Because they want to employ people in the area to reach 90% as targeted."

    Taking on more low-education employees, to get community support. Drivers, cleaners, security etc?


    Waiting for mining plan approval, then waiting on EIA approval.
 
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