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  1. #1
    ota
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    Where is there gold mining in Thailand?

    Are there any gold mines operating in the Kingdom?

    Ota

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  3. #3
    Have you got any cheese Thetyim's Avatar
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    Quote Originally Posted by ota
    Are there any gold mines operating in the Kingdom?
    Only one, Chatree in Phichit

  4. #4
    ota
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    Is this one mine atypical for the Kingdom or is there any people involved in prospecting?

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    Chatree is in the north, there is another one south of Prachuap Kirikan, south of Thailand, discovered only few years ago i heard...

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    Member Slipstream's Avatar
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    Thinking of becoming a part-time prospector Mr Ota! It might be something farangs can do unless the longest list in the land precludes it

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    Member kk boy's Avatar
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    Was up there at Pichit last month on the mine, well having a coffee in the workshop, mate knows a few guys from the mining in Oz who were working there so went for a visit. Good set up

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    The Dentist English Noodles's Avatar
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    Quote Originally Posted by Thetyim
    Only one, Chatree in Phichit
    Loei province has gold mining too.

  9. #9
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    KINGSGATE said it has made a major new gold discovery in Thailand that has the potential to be bigger than its Chatree operation.

    Kingsgate managing director Gavin Thomas said drilling results from the new Chokdee discovery, 20km north of Chatree, has returned ore-grade gold results over wide intercepts.

    “This discovery has the potential for a new Chatree-size gold system or even larger,” he said.

    Mr Thomas said the results support the company’s long-held view of a significant new gold belt in central Thailand and point to the potential for a future open cut gold mining operation.

    The best results from the drilling include an intersection of 36.5m at 2.9 grams per tonne of gold, including 5.8m at 11.7 grams per tonne of gold.

    Kingsgate said a large gold-in-soil geochemical anomaly, covering about 30sqkm, surrounds the area of the discovery, which is larger than the 23sqkm anomaly that covers the existing Chatree mine.

    Dow Jones Newswires

    Kingsgate identifies new gold discovery in Thailand | The Australian

  10. #10
    Thailand Expat

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    Buy a metal detecter and hit the beaches early before the Thais get there.

  11. #11
    Mid
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    Kingsgate Thai gold mine expansion to see raised output from September
    Kevin Skinner
    Wednesday , 06 Jul 2011

    Kingsgate's Chatree gold mine in Thailand is well on its way to up production to 200,000 oz/y with first new output from expansion program due in September.


    One of Australia's pre-eminent gold producers in Asia says it expects a US$125 million expansion of its Thailand-based operations to be completed in the current quarter.

    Speaking in Adelaide on the first day of the annual Australian Resources Chinese Investment Congress (ARCIC), Kingsgate Consolidated's CEO, Gavin Thomas, said the company had currently expensed US$85 million on its objective to take throughput at its Chatree gold mine in Thailand to 5 million tonnes per annum from 2.3 mtpa currently.

    "We have about US$45 million of work to complete but expect completion in this quarter and first new production in September," Mr Thomas said.

    "This will take Chatree's production rate up to 200,000 ounces per annum and deliver an expanded Asian gold mine backed by a US$100 million financing deal with Thai banks - so we have strong internal support," Mr Thomas said.

    "The expansion has also benefited from tax incentives being granted for production from the new plant and we will commence the December quarter with an on-time and on-budget outcome for Chatree where we have managed to contain the expansion costs for over three years. This means we know how to do gold mining in Asia."

    Chatree has produced about 1.5 million ounces of gold to date and will be subject to sustained further nearfields exploration as Kingsgate pushes to build a gold resource of 6-10 million ounces. It has a current gold reserve of just over 2 million ounces.

    Mr Thomas said Asia offered a competitive advantage in gold production as on a cost comparison with open pit mining in Australia, waste removal costs in Thailand were about $1.70 a tonne versus $2.50 per tonne domestically.
    Ore extraction costs were about $3.40 per tonne in Thailand compared to $4.00 a tonne in Australia. Power is only eight cents a KWh, two and a half times less than in Australia and assay costs were nearly seven times less at $3.00 a sample.

    Mr Thomas told congress delegates he rejected any suggestion the precious metals market was experiencing another ‘gold bubble". "We are enjoying a steady long term growth profile for gold and there is significant potential for gold output to increase, along with other precious metals. "The last gold bubble, in January 1980 of US$850 an ounce, resulted from a sudden 2000% inflationary spike.

    "That sort of spike is not possible under current global and US monetary and financial regimes yet the metal has maintained a steady price rise and I expect the price to go higher."

    The Kingsgate CEO said global gold production had virtually flat-lined in the past decade. "We hit peak gold ten years ago and we cannot find enough gold to satisfy the demand side," he said.

    Mr Thomas welcomed last weekend's democratic change in government in Thailand as it would bring added investment stability and reduced sovereign risk.

    mineweb.com

  12. #12
    Member navynine's Avatar
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    Cabinburi area a couple of large investment firms working

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    I heard that there is some gold panning done in the river through Wang Nuea. On hwy 120 between Phayao and Mae Kachan.

  14. #14
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    Kingsgate seem to be doing quite well in Thailand unfortunately the thais dont make it easy for farang mining investment and keep moving the goal posts , unlike Laos where i work on a minesite , The Lao,s want/need the investment and it has become a huge part of there GDP , The bullshit and corruption is mind boggling however, so not for the faint hearted methinks

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    I have a 3" dredge and a dry washer. I was thinking of building a dredge in Thailand and trying it out....But....after reading about all the creatures in the water and out, I'm a little paranoid.

  16. #16
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    Gold dredge

    Hi Spiritrace, I to am keen to dredge in Thailand in the new year.
    The more hassles the better. Keeps the amateurs away. I am going back to Thailand in Dec to check things out.

  17. #17
    I am no longer a Hostage

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    Quote Originally Posted by English Noodles
    Loei province has gold mining too.
    Driving south from Loei to Khon Kaen, I saw road signs to a mine

    More like northern tip of Khon Kaen province if I remember correctly

  18. #18
    I am in Jail
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    Quote Originally Posted by spiritrace View Post
    I have a 3" dredge and a dry washer. I was thinking of building a dredge in Thailand and trying it out....But....after reading about all the creatures in the water and out, I'm a little paranoid.
    Nobody will bother you as long as you find nothing.

  19. #19
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    Has anyone done gold panning in Thailand?

  20. #20
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    Has anyone got a gold dredge for sale Thailand

  21. #21
    Thailand Expat Gazza's Avatar
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    In Yala on the edge of the Hala Bala rain forest I saw signs for a gold mining museum. I never did get to visit it as I had a problem finding the bugger.

    Don't know if mining there is still ongoing but I would assume if there was even small traces or deposits of gold left in the ground there'll be some Thais sniffing around for meagre pickings.

  22. #22
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    Near Loei

    Quote Originally Posted by helge View Post
    Quote Originally Posted by English Noodles
    Loei province has gold mining too.
    Driving south from Loei to Khon Kaen, I saw road signs to a mine

    More like northern tip of Khon Kaen province if I remember correctly
    Try Here

    Phu Thap Fah gold mine in Wang Saphung District.

  23. #23
    Member AsGoodAsItGets's Avatar
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    Burma might be the better place to go looking for riches these days.

    Asian Gold...

    Burmese troops scramble to protect 50-tonne jade boulder - Asia - World - The Independent

  24. #24
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    Quote Originally Posted by steevee View Post
    I heard that there is some gold panning done in the river through Wang Nuea. On hwy 120 between Phayao and Mae Kachan.
    HI Steevee, I'm shifting to Phayao soon and interested in prospecting.
    Any chance in having a yarn with you??? Ray.

  25. #25
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    Quote Originally Posted by Slipstream View Post
    Thinking of becoming a part-time prospector Mr Ota! It might be something farangs can do unless the longest list in the land precludes it
    Hi! I'm also interested in part time prospecting.
    Im moving to Phayao soon.
    Would like to have a chat with you. Ray. South Hedland.

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