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Thai burden still weighs on Kingsgate

THE saga of corruption allegations and Thailand government bureaucracy continued to dog Kingsgate Consolidated, dragging its forecasted 2016 gold production at the Chatree gold mine down by 30,000 ounces to 95,000-105,000oz.

Sophie Moore
Thai burden still weighs on Kingsgate

Kingsgate said permitting delays had constrained its access to Chatree orebodies, putting pressure on its aging mining fleet, constraining operations and investment and having a negative impact on the...

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