KSN
Kingston Resources Ltd
Director Trades
| Date | Director | Value |
|---|---|---|
| S. Rechner | $15,000 | |
| A. Corbett | $573,333 |
Company News
Kingston Resources to Accelerate Mineral Hill Development as Part of Debt-Free Transition
A cashed-up Kingston Resources (ASX: KSN) is on target to expand development of its Mineral Hill copper-gold project in NSW. Kingston announced earlier this month that it was debt free after repaying a $15 million facility with funds from Ok Tedi’s initial $50m payment for its acquisition of the Misima mine in Papua New Guinea. […]
Kingston Resources Unlocks $50 Million from Sale of Misima Gold Mine to Ok Tedi
Papua New Guinea mining stalwart Kingston Resources (ASX: KSN) has added $50 million to its bank balance after receiving the initial payment from Ok Tedi Mining for the sale of the historical Misima gold mine. Part of a total $95m transaction, Ok Tedi made the payment following Kingston agreeing to divest the Misima project earlier […]
Kingston Resources to focus on Mineral Hill copper-gold interests after selling Misima project to PNG’s Ok Tedi Mining
Papua New Guinean mining company Ok Tedi Mining has moved to acquire the historical Misima gold project from Kingston Resources (ASX: KSN) for $95 million. Ok Tedi, which administers the nationalised copper-gold project of the same name in the country’s Western Province, will acquire Misima for $60m, with the potential for further contingent payments of […]
Kingston Resources raises $13.5m to accelerate mining at Pearse and Mineral Hill projects
Kingston Resources (ASX: KSN) has completed a $13.5 million capital raising to accelerate hard-rock mining activities at its projects in the Cobar Basin of New South Wales. Proceeds will be used to transition the Pearse underground gold mine to an open-pit scenario and commission the Mineral Hill processing plant for concentrate production. The raising was […]
Kingston Resources finalises geotechnical drilling at Pearse North open pit development
Kingston Resources (ASX: KSN) has finalised a geotechnical drilling program at a proposed open pit area at the Pearse North target within the Mineral Hill copper-gold project in New South Wales. Numerous intersections were returned and preliminary assays using a 1.0 gram per tonne cut-off showed high-grade gold hits within the pit design shell. Best […]
Kingston Resources boosts gold production and cost reductions at Mineral Hill
Kingston Resources (ASX: KSN) reports that its Cobar basin mine at Mineral Hill has helped boost gold output in the June quarter. In its report for the three months to June 30, the company says overall gold output rose by 8% to 4,944 ounces, while gold sales were up 6% to 4,777oz. The average realised […]
Kingston Resources accelerated life of mine plans boosted by $6.5m capital raising
Kingston Resources’ (ASX: KSN) targeted growth strategy aimed at the company becoming a leading diversified gold-copper producer in the Asia-Pacific region has been boosted by confirmation of a planned $6.5 million capital raising. The company is aiming to build a bank roll of $18 million, made up of $11.5 million of cash at hand and […]
Kingston Resources continues to benefit from Mineral Hill tailings production
Kingston Resources’ (ASX: KSN) decision to resurrect the historic Mineral Hill mine in New South Wales continues to pay dividends with the company receiving significant new income from its current tailings production strategy. The company’s decision to acquire Mineral Hill in late 2021 instantly transformed it from an explorer and developer best known for its […]
Kingston Resources begins underground development at Mineral Hill
Kingston Resources (ASX: KSN) has begun re-entering the old underground workings of the Southern Ore Zone (SOZ) at its Mineral Hill mine ahead of drilling which is planned for early in the December quarter. Initial work underground at this historic New South Wales mine is focusing on safety checks, reinstating ventilation, power and plumbing. The […]
Kingston Resources embraces high gold price with sales from Mineral Hill
Kingston Resources (ASX: KSN) has confirmed amount of gold sold in April was the second highest month on record at 1681 ounces, at a time when the gold price in Australian dollars has been hovering at $3001 per ounce. The processing plant produced 1886oz of gold with a recovery rate of 65.8% while the all-in-sustaining […]
Company Videos
Kingston Resources (KSN.ASX): Mineral Hill growth plan, 40,000m drilling, debt-free
Kingston Resources boosts bank balance by $70 million with sale of Misima gold mine
Kingston Resources builds potential at Mineral Hill gold operation with more drilling
Kingston Resources continues record gold output at Mineral Hill
Kingston Resources becomes gold producer with Mineral Hill mine acquisition
