Monday, December 16, 2019

Gold miner Akara still waiting for govt reply to lawsuit threat

Jan 03. 2017
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By The Nation

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An Australian gold-mining conglomerate said Tuesday that the Thai government had not contacted it about the company’s threat file a lawsuit over a closure order, and that the company was seeking a meeting with Prime Minister General Prayut Chan-o-cha.

Kingsgate Consolidated Ltd chief executive officer Greg Foulis released a letter stating that their Thai-controlled subsidiary, Akara Resources Public Company Ltd, had ceased production at the Chatree gold mine on New Year Eve and was currently proceeding with rehabilitation of the site.

However, he added that Kingsgate had not heard from the government regarding its apparent request that the company not sue for damages.

“The company has been unable to verify these reports, and has had no contact from the government with respect to their contents,” the letter said.

“The meeting proposed by the deputy prime minister did not proceed, and the company has written to the prime minister seeking a meeting in early January.”

Kingsgate also emphasised that the company would continue to pursue remedies for the premature closure of the Chatree mine.

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