ASX:KCNMetals and Mining
Why Kingsgate Consolidated (ASX:KCN) Is Down 21.4% After A Major Chatree Plant 1 Shutdown – And What's Next
Kingsgate Consolidated recently reported a significant mechanical failure at Plant 1 of its Chatree Gold Mine in Thailand, forcing a controlled shutdown after operators detected elevated ball mill bearing temperatures and damage to the trunnion bearings and journals.
While Plant 1, with processing capacity of 2.3 million tonnes per annum, is offline pending assessment and repairs, mining continues and Plant 2 remains fully operational, meaning only part of Chatree’s processing capability is...