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Kolar Gold unaware of any reason for share price surge

Tue, 08th Mar 2016 15:31

(ShareCast News) - Kolar Gold said on Tuesday that it did not know of any reason for the surge in its share price.At 1537 GMT, shares in the AIM-listed gold exploration and production company were up 37% to 1.23p.Kolar launched a review of its strategic options in December to consider all available opportunities for maximising shareholder value."This review is ongoing," it said on Tuesday. "The company is assessing a number of potential options and will report to shareholders as soon as the process is complete. In the meanwhile, the company remains in an offer period under the Takeover Code."
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28 Oct 2013 09:06

Kolar Gold Buoyed By Partner's India Mining Lease License

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11 Jul 2013 09:37

Kolar Gold shares jump on Indian gold mine hopes

Shares in Kolar Gold jumped after it emerged the Indian Government is set to go ahead with the long-awaited tender sale of the Bharat Gold Mines at the Kolar Gold Fields. The company was set up in the late 1990s to secure and revive these mines in a joint venture with the local workforce and commu

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28 Jan 2013 13:16

Kolar Gold reveals plans to expand network in India

Kolar Gold on Monday announced plans to increase operations in India and close down its Australian office early this year. The closure of the Australian office is part of a cost saving plan for the gold exploration and mine development company. It will see Chief Executive Officer, Nick Spencer, and

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