Kingsgate Consolidated (KCN) Q4 2026 TU earnings summary

Executive summary

• Achieved FY26 production guidance with 86,078 oz gold and 766,009 oz silver, totaling 97,159 oz gold equivalent, a 15% increase in annual gold production year-over-year.

• Outperformed cost guidance with AISC (pre-royalties) of US$1,178/oz, US$372/oz below the lower end of guidance.

• Included in the ASX200 Index following index rebalancing in June.

• Paid an unfranked 10c interim dividend totaling A$26.6 million.

• Acquired royalty and water rights at Nueva Esperanza for US$15.6 million.

Financial highlights

• FY26 AISC (pre-royalties) averaged US$1,178/oz; full-year AISC margin was US$2,053/oz.

• Available cash and bullion at 30 June 2026 was A$153.1 million, down A$37.2 million from the previous quarter due to capital deployment.

• Quarterly gold sales were 19,290 oz and silver sales were 199,625 oz.

• Aggregate bullion sales for the quarter were A$140 million.

• Principal and interest payments on debt facility totaled A$1.0 million; outstanding debt was A$14.1 million.

Outlook and guidance

• FY26 production guidance of 93,000–103,000 oz gold equivalent achieved.

• Outperformed cost guidance with AISC (pre-royalties) below the US$1,550–1,750/oz range.

• Waste mining expected to remain elevated in September 2026 as A East cutback continues and Q Pit mining commences.