Dec 12 (Reuters) - Kingsgate Consolidated Ltd KCN.AX
* Asx alert-update on media reports on the chatree gold mine-kcn.ax
* To recommence operations at chatree would require significant time and capital expenditure & granting of additional licences & approvals
* Has been made aware of reports in Thai and australian media that a new mineral bill was approved by Thai national legislative assembly on 8 Dec
* "Kingsgate has no choice other than to place chatree on to care and maintenance from 1 January 2017" Source text for Eikon: ID:nASX7HVkRh Further company coverage: KCN.AX