Kingsgate v. Thailand Kingsgate Consolidated Ltd v. The Kingdom of Thailand (PCA Case No. 2017-36)
Full ownership of Akara Resources Public Co Limited (“Akara”), a local company that held a metallurgical processing licence for the Chatree gold mine located in central Thailand.
Claims arising out of the alleged indirect expropriation of the Chatree gold mine, owned and operated by the claimant’s local subsidiary Akara, through measures taken by the Government in 2016, including non-renewal of Akara’s processing licence for the Chatree mine beyond 2016 and an order to close the mine and to suspend all gold mining and related activities in the country by the end of 2016.
Primary: B - Mining and quarrying
7 - Mining of metal ores
PCA (Permanent Court of Arbitration)
Lévy, L.
Kaplan, N.
Thomas, J. C.
Data not available
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation