Kingsgate Consolidated Limited announced group production results for the quarter ended March 31, 2013. For the quarter, the company reported gold production of 47,509 ounces compared to 60,614 ounces a year ago.

Gold production for the June quarter is expected be the high quarterly production for the year.

Subject to any initiatives that may be implemented as part of the review of operational assets, total gold production for the Kingsgate Group is estimated to be at the lower end of the guidance range of between 200,000 and 220,000 ounces, for financial year 2013.