StockMarketWire.com - Metal Tiger has bumped up its holding in Australian-based miner Kingsgate Consolidated to 5.18%.

Metal Tiger said it purchased 430,000 ordinary shares in the company at an average price of around AUD$0.33 (£0.20) each for a total consideration of AUD$142,050 (about £84,250).

Kingsgate is currently in negotiations with the Thai government to reopen the Chatree Gold Mine after it ceased operations in December 2016.


At 9:56am: [LON:MTR] Metal Tiger Plc Ord 0.01p share price was 0p at 2.4p



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