KCN
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Company News
Australian mining companies flock to Asia as higher commodity prices and improved relations fuel interest
High commodity prices, improved working conditions, and better government relations, are attracting Australian mining companies back to Asia with a number of success stories helping repair past damage. Nickel Industries (ASX: NIC) is the star of the show, teaming up with one of China’s biggest steel makers to produce nickel for its stainless steel operations […]
Kingsgate Consolidated granted mining leases to re-start Chatree gold mine
The Government of Thailand has granted four outstanding mining leases to mineral explorer Kingsgate Consolidated (ASX: KCN), giving it the go-ahead to restart the Chatree gold mine north of Bangkok. Three leases at Chatree South and one at Quartz will be in force for the next 10 years and complement the recent renewal of a […]
Kingsgate wins multi-million dollar claim over closure of its Chatree gold mine in Thailand
Kingsgate Consolidated (ASX: KCN) has settled a New South Wales Supreme Court case against its political risk insurers, including Zurich Australia Insurance Limited, for more than $82 million. The case involved the alleged illegal expropriation in 2016 of Kingsgate’s Chatree gold mine by the government of Thailand. Kingsgate today entered into a heads of agreement […]