Break it Down: Kingston’s Misima sale to raise the bar on Mineral Hill gold-copper production

Tylah Tully dives into the details of a big time transaction between Kingston and Ok Tedi to fund KSN’s multi-mine ambitions.

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Tylah Tully looks at the Kingston Resources (ASX:KSN) move to bank $95 million from the divestment of its Misima gold project in Papua New Guinea to mining giant Ok Tedi.

The deal returns a doubling of KSN's investment, wipes its debt, and funds a push to lift the bar on Australian gold and copper production as the company moves on transforming itself into a multi-mine producer from the rich Cobar Basin of New South Wales.

Watch the video to learn more. 

Originally published as Break it Down: Kingston’s Misima sale to raise the bar on Mineral Hill gold-copper production