• Nick Spencer (MD) & BGML Joint Trade Union Forum Leaders
  • The Vidhan Soudha in Bangalore
  • Power Station specifically built in 1902 to supply power to the Kolar Gold Fields
  • One of the main tailings dumps at Kolar Gold Field
  • Kolar Gold Field mine site

Home


Kolar Gold Limited (Kolar Gold) is a gold exploration and development company, incorporated in Guernsey and focused primarily on the Kolar Gold Field region to the east of Bangalore in India.  The Group was established in 1997 to secure and revive the Kolar Gold Fields operated by Bharat Gold Mines Limited (BGML) in joint venture with the local workforce and community.  As the timing of any decision regarding the sale of the Kolar Gold Fields was uncertain, in order to diversify the Company’s strategy, management approached Geomysore Services India (GMSI) in 2009 to form a strategic partnership to develop the Kolar Gold Projects which surround and are adjacent to the Kolar Gold Fields.

The Kolar Gold Projects have been divided geographically into three tenement groups, being the North, South and East Kolar blocks and straddle the states of Andra Pradesh, Tamil Nadu and Karnataka.  Lithological, structural and geochemical characters similar to the historic BGML mine site are found within these project areas and it is concluded that these represent continuations of the Greenstone Belt.

Mining at Kolar Gold Field’s has operated for over 120 years and produced approximately 25M oz of gold at an average grade of 15.9 g/t.  BGML mined near vertical lodes over a strike length of 7.3 km to a maximum dept of 3200 metres and developed 1400 km of tunnels and 100 shafts.

During the first two decades of mining (1884 - 1904) the average grade of the ore produced from near-surface underground mining was 45 g/t Au.  During the subsequent century, the grade of the ore mined decreased to 2.5 g/t Au.  The mine became uneconomic in the late 1990's due to poor management, exploration, underinvestment, and the focus on labour-intensive deep underground mining leading to the abandonment of mining operations in 2001.


 

Latest News


Interim Half Yearly Accounts December 2013
Date: 31-03-2014

TR-1: Notification of Major Interest in Shares
Date: 13-03-2014

TR-1: Notification of Major Interest in Shares
Date: 12-02-2014

Result of AGM 20.12.13
Date: 30-12-2013

Statement Re. Deccan Gold Announcment
Date: 10-12-2013

Notice of AGM and Proxy Form 2013
Date: 28-11-2013

Issue of Options 28.11.13
Date: 28-11-2013

Final Results for the year ended 30 June 2013
Date: 20-11-2013

Jonnagiri Mining Lease Granted
Date: 28-10-2013

HOA with GMSI 19.08.13
Date: 19-08-2013

BGML Mines Tender Update
Date: 17-07-2013

BGML Update 11.07.13
Date: 11-07-2013

TR-1: Notification of Major Interest in Shares
Date: 28-06-2013

TR-1: Notification of Major Interest in Shares
Date: 03-06-2013

Interim Half Yearly Accounts December 2012
Date: 25-03-2013

Trading Update 28.01.13
Date: 28-01-2013

Admission Of Shares 04.01.13
Date: 08-01-2013

Results of AGM 31.12.12
Date: 03-01-2013

Issue of Shares 31.12.12
Date: 03-01-2013

Annual Report 2012
Date: 19-12-2012

AGM Notice & Proxy 2012
Date: 12-12-2012

Final Results Announcemenet & Notice Of AGM 10.12.12
Date: 11-12-2012

Compositon Of Board 07.12.12
Date: 10-12-2012

Adviser Change Of Name 09.11.12
Date: 09-11-2012

Overview Flyer (2page) 14.06.12
Date: 14-06-2012

Mallappakonda Deposit Resource 13.06.12
Date: 13-06-2012

Presentation Interview Webcast Audio 01.06.12
Date: 01-06-2012

Update Letter To Shareholders 30.05.12
Date: 31-05-2012

Mallappakonda Exploration Update 02.04.12
Date: 02-04-2012

Interim Half Yearly Accounts December 2011
Date: 30-03-2012

Change Of Advisor 29.02.12
Date: 29-02-2012

South Kolar Gold Project Drilling Update 06.12.11
Date: 09-12-2011

Annual Report 2011
Date: 17-11-2011

Final Results Announcement & Notice Of AGM 14.11.11
Date: 14-11-2011