You are here

Shuttered gold mine shows investor risks from Thai power grab

Gen Prayuth suspends gold mining under Article 44 of the constitution

Gen Prayuth has used his powers under Article 44 dozens of times, from banning protests to giving soldiers authority to make arrests.


WHEN Thailand's junta leader-turned-prime minister used his absolute power to suspend gold mining - prompting an Australian miner's shares to plummet 19 per cent in a single day - he complicated efforts to attract foreign investors already spooked by military rule.


Market voices on: