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Kingsgate Consolidated Posts Higher Gold Production, Sales in March Quarter; Shares Fall 6%

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-- Kingsgate Consolidated (ASX:KCN) produced 21,036 ounces of gold and sold 21,954 ounces of gold during the March quarter, according to a Thursday filing with the Australian bourse.

The gold was produced at an all-in sustaining cost of $2,201 per ounce and sold at an average price of $4,814 per ounce of gold during the quarter, the filing said.

For the quarter ended March 31, 2025, the company produced 20,628 ounces of gold at an AISC of $1,839 per ounce and sold 20,000 ounces of gold at an average price of $2,875 per ounce, an earlier filing showed.

The company said it remains on track to meet its fiscal 2026 guidance of 93,000 to 103,000 ounces of gold equivalent and all-in sustaining cost of $1,550 to $1,750 per ounce.

The company's shares fell around 6% in recent Thursday trade.

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