Australia’s Kingsgate jumps on operation permit for plant at Thai gold mine

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Australia’s Kingsgate jumps on operation permit for plant at Thai gold mine

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Australia’s Kingsgate jumps on operation permit for plant at Thai gold mine

BUZZ-Australia’s Kingsgate jumps on operation permit for plant at Thai gold mine

** Shares of Kingsgate Consolidated KCN.AX rise as much as 13.9% to A$1.8, their highest level since March 24, 2023

** Stock posts its biggest intraday pct gain since April 4

** Gold and silver miner says that plant 1 at Chatree gold mine in Thailand has now been permitted to operate

** Says full commissioning of the plant will commence immediately

** About 1.3 mln shares change hands, compared with the 30-day average volume of 851,133 shares

** Stock up 14.9% this year, as of last close

Reporting by Megha Rani in Bengaluru

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