Gold mining to be suspended in Thailand
As we all know, metal prices have suffered badly over recent times, and there is little light at the end of the tunnel, as May has seen a further slump in all the major metal prices.
Bangkok Post reports that the suspension is to allow improvements to make the operations more environmentally friendly. New jobs will be found for 1,000 workers and affected residents will receive medical treatment and be rehabilitated. The resolution follows complaints about Akara Resources plc's mining in Phetchabun, Phichit and Phitsanulok provinces, where check-ups on local residents found many people had heavy metal in their bodies.