AUDIT REPORT Kelantan's foray into gold mining turned out to be a million ringgit stab in the dark that has not paid off, says the Auditor-General's Report 2012.

The report notes that state mining company Kelstone Sdn Bhd (KSB) accumulated huge losses, even as the amount reportedly shrunk from RM2.7 million to RM1.54 million between 2009 and 2011.