Milestone

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CaptionMiles
 

The Tongkah Harbour organization has been in mining for 105 years beginning with offshore tin mining in and around Phuket Bay in 1906.
The Company was the brainchild of Captain Edward T. Miles of Australia who, upon observing the labor intensive methods of Chinese in offshore
mining at Phuket in 1905, felt that he could develop equipment to mechanize the industry.

In 1906,

07Tongkah Harbour Public Company Limited was established since 1906 by Captain Edward Thomas Miles, an Australian businessman. Tongkah first invented a tin dredger innovation in Thailand and in the world. From that, Captain Edward was granted a license for tin mining in Phuket bay from the government and had increased the production capacity with 7 extra ships covering 6,205 acres of the explorations and operations in the Phuket area in Chalong Bay, Bang Tao Bay, and Phuket Bay over 7 decades

In 1980 - 1981,

THL set2The Company was registered as a listed company in the Stock Exchange of Thailand under the name of “Tongkah Harbor Public Company Limited”, which was entirely owned by the Thais. The Company has initiated stocks trading in SET ever since.

In 1984,

tohmoh150x150The Company expanded its business gold mining which led to the birth of the gold tunnel mining in Ban Tohmoh, Pukaotong Sub-District, Sukirin District, Narathiwat Province.

In 1990,

True Tower150x150The Company has stepped into the real estate development business with a budget of THB 300 million, resulting in “Tongkah Tower”, or also known as “True Tower Building” today.

In 1991,

Gold and Copper Mining 8The Company’s subsidiary, Tungkum Limited (TKL), was founded and began gold mining business in Loei Province

In 1971,

In this year, the company started its mining business at Kaeng Khoi, Saraburi by produced in various sizes to meet the need of the market, with tools such as rough grinding machine and fine grinding machine including screen size with Screening.

In 2005,

the Company accumulated 83.7% of Sea Minerals Limited (SML) which has subsequently filed mining lease applications (MLA’s) covering about 50,000 rai (8,000 hectares) to mine an off-shore deposit in the Andaman Sea where evaluations based on some 1200 drill holes indicate resources of over 50,000 tons of tin in the MLA area.

In 2009,

In quarter2 ,Tongkum has installed more floatation machines for higher productivity results and expanded the exports to overseas for the first time since October in the same year.
Major developments over the past 5 years

In 2013,

 August : The Company has entered into the property development business in the form of residential and commercial buildings. Skycliff Limited has studied business planning in real estate investing and considered the details of the project to allocate land and buildings by taking into the suitability of doing business, by considering an investment with 89 Capricorn Development Co.,Ltd.

October :  On October 24, 2013, the Company decided to voluntarily enter into the process of business reorganization by filing a petition with the Central Bankruptcy Court for the purpose of debt restructuring

In 2014,

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March : The property development business by 89 Capricorn Development
has started to develop a land area in Phuket to be used for
housing and commercial project under the name “The Bay Skycliff”.

In 2015,

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June : Property development business by 89 Capricorn Development Co.,Ltd
has begun developing land area in Phuket as a housing and
commercial project under the name “The Bay District”.

In 2016,

June : In June with a commitment to develop and expand the project, Tongkah has signed a contract with NGWE KABAR MYANMAR for tin mining in the Republic of the Union of Myanmar. The contract lasts 11 years and covers an area of 812.14 acres. The Company operates the fully integrated tin mining business, starting from the exploration, getting the permit, production, and the export and distribution process to export overseas. From that, the Company owns the right to the
operation until the minerals in the area are exhausted

In 2017,

May : On May 8, 2017, the Central Bankruptcy Court has announced the success of the business rehabilitation of Tongkah Harbour Public Company Limited.