Statement of KOLAR GOLD FIELD CEO Nick Spencer- CEO Nick Spencer commented today: "We are delighted that GMSI has received final State Government approval for the Jonnagiri Mining Lease. This is a rare event in a complex and bureaucratic licence regime and therefore a major step forward
6.36 PM Oct 28th 2013
the due diligence, it will depend on the right price, right due diligence. If some body outbids us, then it will go to them but certainly we will look at it." Kolar gold fields were once considered one of the largest gold fields in India and mining here used to happen for centuries. It was nationalised
3.17 PM Oct 1st 2013
Note for RBI:- In KGF (Kolar Gold Field) BGML(Bharath Gold Mines Ltd) its locked 15 years before if you want produce gold reopen that mines you will get tons of Gold from the Mines..... it will creat Job Opertunity, we can stop Gold Imports, as well as Inflation Down..... just do the survey
4.10 PM Sep 30th 2013
mineral resources. Why no Mining Licences given to gold mining companies which have been awaiting for years? What went wrong with Kolar Gold Fields. Stop encroachment and encourage greeneries to substitute any damage that could be done to environment by mining companies. Start thinking in those lines
10.29 AM Sep 6th 2013
In a classic example of confusion, two Central ministers gave two different versions on the fate of Kolar Gold Fields (KGF) on Friday, at Bangalore and New Delhi, with one talking of revival in accordance with Supreme Court order of July and the other making a statement in the Lok Sabha saying
10.41 PM Sep 1st 2013
"We have submitted a proposal to BGML to mine the tailing dumps at Jibutil and at the Kolar Gold Fields. We estimated that there could be half a milliion ounces of gold in both the tailing dumps, which can be extracted profitably," said DGML managing director Sandeep Lakhwara.
6.16 PM Aug 29th 2013
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