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Kingsgate board survives coup

The Kingsgate Consolidated (AU:KCN) executive chairman Ross Smyth-Kirk survived an attempted toppling by his company’s biggest shareholder last week but will not come out unscathed.

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The lights are still on for Kingsgate's board as it scrapes through a spill

Smyth-Kirk was a target of 8.6%-owner Metal Tiger (LN:MTL), a Thailand-focused explorer that thought it could better handle the re-opening of the Chatree gold mine.