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FED:Blackgold shares up on China takeover

Shares in Blackgold International Holdings rose after the Chinese coal producer acquired the holder of a coal mine in Chongqing municipal province for about $14.9 million.

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Shares in Australian Stock Exchange-listed Blackgold International Holdings rose after the Chinese coal producer acquired the holder of a coal mine in Chongqing municipal province.

Blackgold's shares were up 2¢, or 13.33 per cent, at 17¢ in Friday afternoon trade on low trading volumes.

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    Original URL: https://www.afr.com/companies/mining/fed-blackgold-shares-up-on-china-takeover-20110923-i47pm