#Latest news with #TheASXHerald Sun20-05-2025BusinessHerald SunBreak it Down: Kingston's Misima sale to raise the bar on Mineral Hill gold-copper productionDon't miss out on the headlines from Stockhead. Followed categories will be added to My News. 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 Stockhead The ASX has bounced back amid rate-cut hopes. Meanwhile Wall Street gained and China had investors wading back into banks and tech plays. Stockhead ASX climbs 0.75pc out of the gate as markets bet on an even chance of a 50-bp interest rate cut from the RBA's rate decision today.
Herald Sun20-05-2025BusinessHerald SunBreak it Down: Kingston's Misima sale to raise the bar on Mineral Hill gold-copper productionDon't miss out on the headlines from Stockhead. Followed categories will be added to My News. 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 Stockhead The ASX has bounced back amid rate-cut hopes. Meanwhile Wall Street gained and China had investors wading back into banks and tech plays. Stockhead ASX climbs 0.75pc out of the gate as markets bet on an even chance of a 50-bp interest rate cut from the RBA's rate decision today.
20-05-2025
