Kingsgate launches claim against Thai govt over Chatree closure

April 3, 2017

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ASX-listed Kingsgate Consolidated has launched a claim against the Thai government under the Australian-Thailand Free Trade Agreement (Tafta), claiming that measures taken by the Thai government against the company’s Chatree gold mine was in violation of this agreement.

Production at the mine ceased at the end of December last year, in compliance with the requirements of the Thailand government. The government gave no reason for the closure order.

Category: General