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The Royal Decree confirms the permission of Agra to explore gold ore Not redeemed for the withdrawal of arbitration cases

The Royal Decree reiterates the granting of gold ore exploration for Agra According to the law Not in exchange for the withdrawal of the arbitration case

Also, at the House of Representatives meeting to consider a motion request to open a general debate for a vote of no confidence in the ministers individually on February 17, 2021, there were members of the House of Representatives discussing that The government believes that it will lose the arbitration case and therefore negotiates with Kinggate Consolidated Limited, the major shareholder of Agra Resources Public Company Limited, a gold mining operator in the province. Phichit and Phetchabun The government negotiated the benefits or resources of the country to Kinggate in exchange for withdrawing the lawsuit. It can be seen from the granting of a special gold exploration license to Agra, about four hundred thousand rai, regardless of the potential impacts of gold mining, although the government once said it was the reason for The exercise of powers under Section 44 to suspend gold mining

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Mr. Wissanu Tubthiang, Director-General of the Department of Primary Industries and Mines (OCSC) Clarified that the negotiation of dispute was a normal process. Which has been specified in both international trade and investment agreements. Including the Thai judicial process, therefore, that both sides will enter the process of negotiating the dispute between them does not mean The government believes it will lose any case in the arbitration class.

As for the permission of the Agra special gold mineral exploration license, 44 plots of approximately 397,000 rai in Phetchabun province. It is a permission according to the original request filed by Akara Company since 2003 and 2005, which in the past has not yet considered the application. Due to the Cabinet resolution to delay the permission until the gold policy is established. Later, the National Mineral Management Policy Committee (People Ror.) Passed a resolution allowing relevant agencies to consider permission under the Mineral Act 2017 and the policy framework and strategic plan for managing gold mineral resources. 2017

Therefore, entrepreneurs are able to submit their request for consideration according to the people’s resolution when they are fully compliant with the law and policy framework. The permission of the special license is the permission to conduct mineral exploration. The State has no obligation to continue the mining license, and therefore does not raise the interests or resources of the land in exchange for the withdrawal of the arbitration proceedings as claimed by the panelists. The Company disclosed that it was authorized to sell Gold Sludge, which is the property of Agra Company, it is a general operation by a publicly traded company to provide information on the progress of various operations. Of the company for shareholders to be informed

Director-General, Department of Primary Industries and Mines Further clarified that In the case of an order under Section 44, it is an action aimed to protect the environment and public health impacts that may arise from gold mining. It is a temporary suspension of license and business operation. To investigate facts and develop relevant laws and regulations to be appropriate, concise and able to more appropriately protect the environmental and public health impacts that may arise from mining, such as establishing basic information on environmental and health of mining. People (Baseline data) Establishing a buffer zone, mining (buffer zone), setting up a hedge fund. Health Surveillance Fund Ensuring the reconstruction of the mining area and heals those affected by the mining. Taking out liability insurance for life, body, property of third parties

And confirm that the application for permission is the right of the operator Which the Department of Primary Industries and Mines has considered permission under the law And policy framework Which takes into account the protection of environmental impacts and public health The national resources are not brought to Kinggate in exchange for withdrawing the lawsuit in any way.

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