Group Companies

Thai Goldfields NL owns the following interests in Group Companies:

Parent EntityCountry of IncorporationPercentage OwnedProject
Thai Goldfields NLAustralia
Controlled Entities:
Erawan Mining Co LimitedThailand100%Palitapan Goldfield Project(4 SPL applications)
JV Prospecting Co LimitedThailand100%Mae Yom Polymetallic Project
Kabinburi Mining Co LimitedThailand100%Kabinburi Goldfield Project
Paron Mining Co LimitedThailand100%Palitapan Goldfield Project(4 SPL applications)
TGF (Thailand) Co LimitedThailand100%Group Administration Services
Thai Tungsten Refining Co LtdThailand100%
Khao Soon Tungsten Project
Ore processing
Joint Venture Entities:
Khao Soon Tungsten Mining Co LtdThailandJV – 49%Khao Soon Tungsten Project Mining
Thai Mineral Ventures Co LtdThailandJV – 49%Khao Soon Regional Exploration
Thai Global Ventures Co LimitedThailandJV – 25%Chatree District JV
Siam Industrial Metals Co LimitedThailandJV – 25%Chatree District JV

 

Note: The ownership structure of Khao Soon Tungsten Mining and Thai Mineral Ventures reflects the Thai Foreign Business Act – Section 2 requirement that a Mining Lease must be at least 51% owned by Thai nationals.  This requirement may be waived by the Thai Board of Investment (BOI) if BOI project sponsorship is gained.

Ownership regulations related to mining leases are more fully explained in ‘Thailand’ and  ‘Khao Soon Tungsten Project’ webpages.