"gold mine"

Geopolitical tensions and inflation could boost Thailand's gold demand in the short term, as a safe haven for investors and a means of wealth preservation for consumers, the World Gold Council said.

The Agricultural Land Reform Office (ALRO) never allowed Akara Resources to explore or mine gold, the office's top official said on Monday.

A newly discovered underground gold mine that has just begun operations will significantly bolster mineral production by Lane Xang Minerals Limited (LXML) and bring economic and social benefits to the country.

The Department of Public Works and Town & Country Planning said on Tuesday that land in Phitsanulok’s Nern Maprang district has been classified as a forest conservation area by the Royal Forest Department but can be used by villagers with title deeds for residential and agricultural purposes.

The president of Gold Mine Lovers Club, Chaiyaporn Sudsin, and residents living near the Akara Resources' gold mine in Phichit province, have submitted a letter to the provincial governor on Friday, confirming that they are waiting for the company to reopen the mine.

The Digital Economy and Society Ministry has warned people not to believe or share news and internet posts that the government has lost its legal case against Kingsgate Consolidated and must pay a compensation of Bt70 billion.

Following the postponement of the arbitration hearing in Hong Kong related to Chatree gold mine, which was scheduled this month in Hong Kong but has been pushed back out of concerns over the anti-government protests, Kingsgate on Wednesday announced on its website that the hearing would now take place starting from February 3 in Singapore.

A landslide in an unauthorized gold mine in Bolaang Mongondow regency, North Sulawesi, on Tuesday night has buried at least 60 miners, the National Disaster Mitigation Agency (BNPB) said.

THE LOEI PROVINCIAL Court yesterday ordered a gold-mining firm to rehabilitate the environment and compensate locals who were affected by its operations.

Fortify Rights has accused Thai authorities and a Thai gold mining company of violating the rights of local environmental defenders involved in opposing a gold mine in northeastern Thailand for more than a decade.

Akara Resources Public Company Ltd has acknowledged three charges levelled against it by the Department of Special Investigation (DSI).

DESPITE AN official admission of heavy metal contamination, there are no plans in place for environmental restoration or measures to mitigate the health impacts on people living around Akara Resources’ gold mine in Phichit.