Kingsgate Expects Most Plant 1 Insurance Proceeds In 2027
Closing price · 2026-10-27: $4.19 · +2.70%
Kingsgate says the Plant 1 incident at its Chatree Gold Mine is covered by property damage and business interruption insurance, with the claims process well advanced. The claim is still being assessed, and the company expects to receive the majority of proceeds during calendar 2027.