good news! Akara Gold Mining Co. lobbied ended with Kinggate’s intention to withdraw the lawsuit against the Thai government, the Council of Ministers reported. Thai investors again
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On January 10, 64 news reports revealed the progress of the dispute in the arbitration process in the case of the Agra gold mine. Between King Gate Consolidated Limited, an Australian company and the Thai government that the negotiations between Thailand and Kinggate Clearly, it should end well. With a tendency that the King’s Gate Will withdraw the lawsuit against the Thai government Expected to have a settlement in the middle of this year. Originally expected to have a resolution at the beginning of the year
“Recently, the Ministry Has reported the results of the negotiations to the Cabinet (Cabinet) know the progress already. Which is the preliminary King’s Gate May join with Thai investors to return to invest in Thailand again. Under the Gold Mineral Resources Management Policy and Plan 2017 and the New Minerals Act 2017, it is up to the overall negotiation. Because some need to coordinate some more and all around “
However, if the negotiations are not resolved. No damages will be paid. All in all cases Because the principles of the struggle of the Ministry of Industry To take care of the Thai people not to be affected by mining
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