Thailand Mining News

Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report  

Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal.

Thailand’s exit from gold to worsen regional underperformance

Since shutting down of all gold mining and exploration activities in 2016, the country has been losing both tax revenue and investors, a new report shows.

Central bank demand for gold reaches 3-year high

Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.

Thailand faces arbitration over decision to shut only active gold mine

Owner, Australian Kingsgate Consolidated, will begin arbitration under the Thailand-Australia Free Trade Agreement (TAFTA) to try to recover “the substantial losses” it has incurred.

Kingsgate jumps 49% after Thai gold mine suspension lifted

Investors in Kingsgate Consolidated Ltd. (ASX:KCN) were allowed to gasp for air on Friday after being underwater on the stock due to problems with its mine in Thailand.

Thailand's Chatree gold mine closing in 2 weeks 

Over 1,000 Thai miners will be out of a job come January, when the Chatree mining complex shuts its gates.

Thailand to shut only active gold mine by end of May — report

Chatree remains in operations despite and order by the country's military regime last week to halt all gold mining and exploration activities.

Thailand to shut largest gold mine on environment concerns

Thailand will shutter its largest gold mine by the end of the year after the government said concern the project was damaging the environment and sickening workers outweighed its economic benefit.

Gold price to double by 2030 thanks to Asia: report

ANZ predicts that as incomes rise across Asia, particularly in China and India, so will the appetite for gold rings and necklaces.

Thai gold mine, said to have poisoned locals, allowed to reopen

A gold mine that straddles three provinces in northern Thailand has been given the go-ahead to reopen, following a month-long halt due to health concerns believed to be the result of heavy metal contamination.

Thai villagers may have been poisoned by gold mine

A Thai gold mining company is under fire this week after lab results indicated as many as 6,000 people may have been poisoned by heavy metals.

Thai villagers attacked after blocking road to gold mine: reports

Residents have for years contested the mining operation run by a subsidiary of Tongkah Harbour Pcl., Thailand’s largest gold mining company.

Asian gold fever hits Thailand

Central Bank and analysts fear foreign exchange speculation is behind the sudden and steep gold demand increase.

Gold from Thailand, China flood Indian markets

India's duty hike has made domestic gold jewellery more expensive than imported jewellery, with retailers stocking up on cheap imports from Thailand and China to quell demand.

Thai company to explore for coal in Laos

The government of Laos has given the green light to a Thai company to conduct coal prospecting and exploration on an area of 36.7 square kilometres in Nakheng and Namon villages in Feuang district

Thailand's PTT Plc buys Madagascar coal mine for US$50 million

Bankgok Post reports that PTT Plc has acquired the remaining shares in Perth-based Red Island Minerals for $50.2 million.

ArcelorMittal pulls out of Thai G Steel deal

Shares in the Thai steelmaker fell sharply on Wednesday after ArcelorMittal pulled out of a deal to buy a 40% stake in it.