ASX-Icon

Business as Usual in Thailand

Kingsgate Consolidated Limited (ASX: KCN) wishes to advise that business is continuing as usual at its Chatree operations in Thailand following the move by the army to take control of the administration of the country on Wednesday 22 May. This followed the imposition of martial law on Tuesday 20 May 2014 which was implemented after several months of anti-government protests in Bangkok.

Kingsgate has been investing and operating in Thailand for over 15 years and the mine has not lost one day of production due to similar issues over that time. Travel to Thailand, including the capital Bangkok and the Chatree mine approximately 250km north of Bangkok, continues around the imposed curfew of 10.00pm to 5.00am.

Kingsgate would also like to confirm that the previously announced annual gold production guidance remains unchanged at 190,000 to 210,000 ounces, with both Chatree and Challenger performing inline with expectations.
Gavin Thomas
Managing Director and CEO
Kingsgate Consolidated Limited


PDF Download

pdf_icon Download the News Release as a pdf by clicking on the icon