KSN 3.45% 8.4¢ kingston resources limited

Part I liked the most from that *s m a l l c a p s article as...

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    Part I liked the most from that *s m a l l c a p s article as follows:

    Importantly, The production life in the June quarter was accompanied by a drop in the all-in sustaining cost result, down -6% to $1,462/oz.

    Kingston, which is also progressing a re-opening of the giant Misima gold mine in Papua New Guinea, took control of Mineral Hill in January 2022.

    The company bought the Mineral Hill mine for $22.7 million in cash and shares from US-based Quintana MH Holding.

    Mineral Hill had by then seen a long production history but, as Kingston said at the time of purchase, retained an “extensive” gold and copper resource. Next phase of development is open pit mining & processing.

    Last edited by telamelo: 23/07/23
 
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