THE Reung Kiet project in southern Thailand is the only lithium project in South East Asia outside China. Reung Kiet is held by Pan Asia Metals, a private Singapore company that plans to list on London’s AIM market in the first half of 2018.
KINGSGATE Consolidated advises that, despite its best efforts, it has been unable to achieve any settlement of its claim against the Kingdom of Thailand for the unlawful expropriation of the Chatree Gold Mine. Accordingly, it has commenced arbitration proceedings against the government under the Australia-Thailand Free Trade Agreement.
OCEANAGOLD has gained a Special Citation for Excellence in Ecology and Economy (E3) for water management measures at its Didipio Gold-Copper Project in northern Luzon. The award recognises the water initiatives of OceanaGold Phils Inc (OGPI), including the $6.1 million automated water treatment (AWT) facility.
MEDUSA Mining continues underground development at the Co-O Gold Project in northeast Mindanao. During the September quarter, 6371 metres were developed – up from 5671 metres the previous quarter – with 3697 metres of this being horizontal development, and the remainder vertical.