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Gold miner's expansion in limbo: Plans frozen for three years on licence delay.
Byline: Yuthana Praiwan
Oct. 7--PHICHIT -- Plans for Akara Mining Ltd to increase gold and silver production from the concession area, which spans Phichit and Phetchabun, have been delayed for three years although the US$40-million investment budget is readily available.
The Thai gold venture owned by Australia's Kingsgate Consolidated began commercial production in late 2001 and is entering the fifth year of its operation.
A lengthy procedure by authorities in granting the detailed exploration licence is to blame for the delay even though the company has long been ready to open the mining pits for commercial production, said Mr Ross ...
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...Thailand. The listed Kingsgate owns Akara Mining Ltd, which operates a gold mine straddling...Industries and Mines Department, said Akara Mining sought permission to explore additional...provinces. If commercially viable, Akara Mining will apply for mining concessions...
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...Yuthana Praiwan, Bangkok Post, Thailand Knight...Dec. 13--Akara Mining Co yesterday...Thaksin said. Akara Mining, a subsidiary...president of Akara Mining. By the end...see more of the Bangkok Post, or to subscribe...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 2, 2007 700+ words
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...continued to tighten the noose around the Bangkok Post's neck in what The Nation today described...government against the media." The Bangkok Post said today government-owned Airports...SET:POST) and the editor of the Bangkok Post, Kowit Sanandang, for alleged defamation...
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Bangkok Post, Thailand Knight Ridder/Tribune Business...The company, which publishes the Bangkok Post, attributed the 16.6 percent gain...to Bangkok Bank. To see more of the Bangkok Post, or to subscribe to the newspaper...