Australia's Kingsgate rises on sale of Nueva Esperanza Project
** Gold-focused miner Kingsgate Consolidated KCN.AX rises
as much as 4.4% to A$1.680
** Co announces sale of its Nueva Esperanza project in
Northern Chile to Canada-based mineral resource explorer TDG
Gold Corp TDG.V urn:newsml:reuters.com:*:nASX8q8vkS for C$25 mln ($20.12 mln)
** Stock marks it biggest intraday percentage gain since
Oct. 7
** Stock up 76% YTD, as of last close
($1 = 1.2428 Canadian dollars)
(Reporting by Jaskiran Singh in Bengaluru)
((Jaskiran.Singh@thomsonreuters.com))
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Australia's Kingsgate rises on sale of Nueva Esperanza Project