Plant 1 Processing Interruption at the Chatree Gold Mine
| Stock | Kingsgate Consolidated Ltd (KCN.ASX) |
|---|---|
| Release Time | 13 Jul 2026, 9:21 a.m. |
| Price Sensitive | Yes |
Kingsgate Announces Chatree Gold Mine Plant 1 Interruption
- Significant mechanical failure at Plant 1 of Chatree Gold Mine
- Controlled shutdown of Plant 1 ball mill due to elevated bearing temperatures
- No injuries reported; investigation on root cause ongoing
- Plant 2 remains operational; mining continues
Kingsgate Consolidated Limited (ASX: KCN) has reported a significant mechanical failure at Plant 1 of its Chatree Gold Mine in Thailand. The incident, which occurred on Friday night, resulted in the shutdown of the Plant 1 ball mill due to elevated bearing temperatures. There were no injuries reported. Preliminary inspections suggest a failure of the ball mill trunnion bearings with associated damage to the trunnion journals. The root cause is under investigation, with initial indications pointing to a potential lubrication system event. Plant 1, with a processing capacity of 2.3 million tonnes per annum, has been taken offline for a detailed technical assessment. Kingsgate has mobilized its teams and engaged Metso, the original equipment manufacturer, for technical assistance. The company is assessing repair alternatives and operating options to minimize downtime.