Thailand

  • Chatree on track for gold guidance

    GOLD production of 22,489 ounces during the September quarter at Kingsgate Consolidated’s Chatree project was lower than the previous quarter owing to lower grades during a planned mine cut back phase. Total cash cost per ounce was US$879, including royalty of US$93 per ounce.

  • Chatree production resumes

    OPERATIONS have resumed at Kingsgate Consolidated’s Chatree Gold Project following unsubstantiated claims that slightly elevated levels of arsenic and manganese in some members of the local community were attributable to the mining operation. Operations resumed on February 27 and the mine quickly ramped up to full capacity.

  • FYI lodges potash applications

    AUSTRALIA’S FYI Resources has lodged applications for special prospecting licences (SPL) covering potential high grade potash targets in Thailand’s northeast. FYI says Thailand is a net importer of fertilizer for its considerable agricultural industries.

  • Hassalls to sell Pike River Mine assets

    AS part of the process to expedite the return of the Pike River Mine back to the New Zealand Department of Conservation, Australian auction company Hassalls will be selling the remaining Pike River Mine plant assets via global expressions of interest throughout April, May and June of 2015.

  • Kingsgate continues Chatree optimization

    AN ongoing program of optimizing operations at Kingsgate Consolidated’s Chatree Gold Project is paying dividends with a strong production performance in the December quarter. There were 34,221 ounces of gold produced in the quarter - 6% higher than the previous quarter.

  • Konecranes give new Cat facility a lift

    THE new Caterpillar facility in Thailand has exclusively used Konecranes for the design, installation and servicing of more than 70 overhead and jib cranes. The new facility in Rayong has been operating since February 2013 and is used for assembly of medium-sized D5, D6, D7 and D8 tractors.

  • Metal Tiger boosts Thai presence

    METAL Tiger has exercised its option to take 90% control of an exploration joint venture in Thailand focused on gold, antimony and copper. The UK-based company has now acquired outright its joint venture with Southeast Asia Mining (SEAM) for total consideration of US$50,000.

  • Metal Tiger delays KEMCO IPO

    METAL Tiger has delayed the planned listing of KEMCO, which will hold its silver-lead-zinc mines in Thailand, until the first quarter of 2018. The reason for the delay is uncertainty as to how the new Thai Minerals Act will impact the joint venture’s in-country operations.

  • Metal Tiger raises funds for IPO

    METAL Tiger has completed a pre-flotation financing of its new Thai mining joint venture to be called Kemco. The financing raised £514,000, payment of which will be triggered when the company lists on AIM later this year.

  • Metal Tiger starts exploration

    METAL Tiger has started exploration at its Chanthaburi joint venture property in southeast Thailand. Company chairman Terry Grammer and CEO Cameron Parry agreed on an initial exploration program during a recent site visit.

  • New copper target area in southeast

    METAL Tiger PLC’s 90%-owned subsidiary Southeast Asia Exploration and Mining (SEAM) has identified a new copper target area in southeast Thailand. SEAM made the discovery as part of its exploration and has lodged three contiguous special prospecting licence applications (SPLAs) covering 48sqkm in Prachinburi province.

  • Pan Asia starts pre-IPO drilling

    PAN Asia Metals is undertaking a drill program at the Reung Kiet Lithium Project and Khao Soon Tungsten Project. The program is being carried out in preparation for an Initial Public Offering of the company in quarter two of 2018.

  • SEA partners agree to extension

    SOUTHEAST Asia Mining Corp’s (SEA) joint venture partners have agreed to an extension of the second option payment from January 31, 2014 to July 15, 2014 as required pursuant to its joint venture agreement. SEA may exercise the second option by making a US$2.5 million payment to its partners prior to July 15, 2014.

  • THAILAND - Chatree production resumes

    Operations have resumed at Kingsgate Consolidated’s Chatree Gold Project following unsubstantiated claims that slightly elevated levels of arsenic and manganese in some members of the local community were attributable to the mining operation. Operations resumed on February 27 and the mine quickly ramped up to full capacity.

  • THAILAND - ECR granted due diligence extension

    ECR Minerals plc advises that a two week extension has been agreed for the due diligence period in respect of the proposed acquisition of Mae Fah Mining Co Ltd and the Phang Nga lithium-tantalum-tin project in Thailand.

  • THAILAND - ECR secures project option

    ECR Minerals has secured the conditional right to acquire an option over 98% ownership of Mae Fah Mining Co Ltd, a company incorporated in Thailand which has been granted two Special Prospecting Licences (SPLs) relating to contiguous areas in Phang Nga Province, southern Thailand. These areas are prospective for lithium, tantalum and tin.

  • THAILAND - FYI lodges potash applications

    Australia’s FYI Resources has lodged applications for special prospecting licences (SPL) covering potential high grade potash targets in Thailand’s northeast. FYI says Thailand is a net importer of fertilizer for its considerable agricultural industries.

  • THAILAND - Increased focus on Chanthaburi

    Metal Tiger will start follow up work at its Chanthaburi joint venture exploration tenement in Thailand after encouraging initial findings. It says that soil sample assays indicate two anomalous areas highlighting there is gold in soil in the northern part of the area, while the antinomy and arsenic present is coincident with a large-scale regional structure.

  • THAILAND - SE Asia in agreement with Metal Tiger

    Southeast Asia Mining Corp has entered into a joint venture agreement (JVA) with Metal Tiger plc regarding the Nakon Sawan, Lopburi and Chanthaburi properties. Metal Tiger must pay SEA US$150,000 and spend US$150,000 on the properties in order to earn a 75% interest.

  • THAILAND - Southeast Asia completes first placement tranche

    Southeast Asia Mining (SEAM) has completed the first tranche of a $2.5 million private placement, netting almost $1 million to funnel into its Kemco project in Thailand’s Kanchanburi province, about 300km northwest of Bangkok. The placement was announced late last year, with Jennings Capital brokering the debentures.

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