THE KINGSGATE MINES CONTENTS HISTORY OF THE KINGSGATE
In 1948, Mr. E. Moskovits, acting for Kingsgate Mining Industries Pty Ltd, began producing molybdenite and wolfram concentrates, mostly by retreating old dump material. This period of production closed in 1952. In 1966 and again in 1969 the field was investigated for its potential for the development of a low grade open cut mine. After extensive field work and testing byKINGSGATE vs THAILAND - ISDS Red Carpet,Chatree was Thailand’s first and largest gold mine, and the first major project of the Australian Kingsgate mining company. The mine, which commenced operations in 2001, is situated around 280km north of Bangkok in Phichit, a district that is predominantly agricultural. The company is in an ongoing dispute with environmentalists and locals, who say they had been negativelyKingsgate (ASX:KCN) offloads $14M worth of gold ‘sludge,,10/09/2020· Kingsgate (KCN) subsidiary, Akara Resources, will finally offload the gold and silver "sludge" left over from the decommissioning of the Chatree mine in Thailand. It's estimated the sludge contains around 4750 ounces of gold and 34,800 ounces of silver, and is valued at around $14 million before royalties, transportation and refining costs.