Kingsgate Thai offshoot facing lawsuit
Australian goldminer, Kingsgate Consolidated Ltd's Thai offshoot, facing closure over its Thai mine, is threatened by a multi-million dollar compensation lawsuit by local residents...
... on Friday the mine's owners faced further headaches after more than 300 local residents filed a class action lawsuit of almost $A20 million against Akara Resources claiming health and environmental impacts to their communities.
Thai lawyer Phadungsak Thianphairot said each resident was demanding about 1.5 million baht ($A58,200) for the mine's alleged impacts on health, household expenses and lost income opportunities due to the mine's development.
The class action lawsuit was filed with the Civil Court's environmental section on Friday. The court has set July 8 to announce whether it will consider the case.
Full read at http://www.news.com.au/finance/busi...t/news-story/de8d2f46b6bdb83dfcaaf6a410e528db
Class action lawsuit filed...
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