Thailand faces uphill fight over gold mine closure - News Summed Up

Thailand faces uphill fight over gold mine closure


Kingsgate operated the Chatree gold mine under the management of its subsidiary Akara Resources whose operations were closed following the NCPO order on January 1. However, the Article 44 order appears to have not followed the procedures established in the bilateral agreement. Pasu Loharjun, permanent secretary of Industry, said residents had filed complaints against the gold mining operation for a long time due to its alleged impact on the environment and people’s health. The committee also ensures that there is fairness for all stakeholders and any settlement is consistent with the national reform and strategy on mining operations as stated in a recently enacted law. Pasu said the new law on mining and related operations will lead to more efficiency and transparency in the management of the mining industry in Thailand.


Source: The Nation Bangkok November 03, 2017 17:26 UTC



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