| Kingsgate Statement on Thai Media Reports | |
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In relation to reports in the Thai media regarding alleged corrupt conduct, the Company is not aware of any basis for an investigation into any such matter.
Kingsgate Consolidated Limited (ASX:KCN) and its mining operations are subject to a wide range of laws and government regulations and policies applying in Australia and a number of foreign jurisdictions, with respect to matters such as land use, employee health and safety, rehabilitation of mining properties, environmental damage and pollution and payments to government officials.
In mid?2014, ASIC concluded an investigation into payments made by the Company to a consultant for business and commercial advisory services in connection with its Thai operations. ASIC has taken no action following the completion of its investigation, and the Company considers this matter to be closed.
The company has operated successfully in Thailand for more than 14 years in compliance with applicable Thai and Australian laws, and will continue to do so.
Greg Foulis
Chief Executive Officer
Kingsgate Consolidated Limited
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Kingsgate Consolidated Ltd
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PRODUCTEUR |
CODE : KCN.AX |
ISIN : AU000000KCN1 |
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Kingsgate est une société de production minière de zinc et de plomb basée en Australie. Kingsgate est productrice de zinc, de plomb, d'argent et d'or en Thailande, en développement de projets d'argent, de plomb et de zinc en Australie, et détient divers projets d'exploration en Australie. Son principal projet en production est CHATREE en Thailande et son principal projet en développement est BOWDENS en Australie. Kingsgate est cotée aux Etats-Unis D'Amerique, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 355,5 millions AU$ (231,7 millions US$, 216,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 07 janvier 2011 à 9,90 AU$, et son plus bas niveau récent le 21 octobre 2016 à 0,13 AU$. Kingsgate possède 223 580 000 actions en circulation. |