){kind=link}
Gold mining exploration licenses put on hold
The Cabinet yesterday agreed to postpone the consideration on new gold exploration licenses until the Office of National Economic and Social Development Board (NESDB) completes the revision of the government policy for this industry.
The move will affect five firms, which are Akara Mining, Richbhumi Mining, Amanta, Arawan Mining, and Paron Mining which have submitted exploration licenses for 56 gold fields. The exploration is expected to require an investment of Bt10 billion per field.
Of total, Akara Mining applies for 44 gold fields in Phetchabun, 2 fields in Chanthaburi belong to Richbhumi, Amunta applied for 2 fields in Suratthani, Arawan Mining for 2 fields in Chanthaburi and 2 fields in Rayong, and Paron Mining for 4 fields in Chanthaburi province.
Deputy Prime Minister and Industry Minister Kosit Panpiemras said the NESDB was assigned to review and revise the government policy for gold mining, which has been in use since 1987.
- The Nation
Chalida Ekvitthayavechnukul
OTHER BUSINESS
-
New gasohol pricing formula
The National Energy Policy Committee yesterday approved the new pricing formula for E20 gasohol, which will.... -
More for HomePro campaign
HomePro has earmarked another Bt20 million for its "HomePro Super Shock Sale" campaign, joining with....
{literal}
Top Stories
Tel 66-2-338-3000(Call Center), 66-2-338-3333, Fax 66-2-338-3334