CNMC Goldmine

Company in the news

CNMC Goldmine to boost capacity of main gold production plant by 60%

The expansion will be funded using internal resources and is expected to be completed by the first half of next year.

Results

CNMC Goldmine’s 1HFY2024 earnings at 8-year high of US$4.4 mil on higher gold prices and increased production

The company is distributing an interim cash dividend of 0.4 cent per share, double the 0.2 cent per share paid for 2023.
CNMC Goldmine ramps up production amid gold rally - THE EDGE SINGAPORE

Corporate moves

CNMC Goldmine ramps up production amid gold rally

The company will continue exploring its sites and is hopeful to uncover commercially viable opportunities.

Mining

CNMC Goldmine to start commercial production of base metals with opening of flotation plant

The new plant is located at the group’s flagship Sokor gold mine in Kelantan.

Covid-19

CNMC's production to be hit by travel ban on Hubei miners

SINGAPORE (Feb 1): Gold is an asset class traditionally seen by investors as a safe haven in times of uncertainty. In a twist of luck, CNMC Goldmine Holdings, which was enjoying steady earnings growth earlier in line with rising gold prices, has been hit

Results

CNMC Goldmine's 1Q earnings surge ninefold to $0.71 mil

SINGAPORE (May 14): CNMC Goldmine says 1Q18 earnings surged almost ninefold to US$0.53 million ($0.71 million), compared to US$0.05 million in 1Q17.

Commodities

CNMC Goldmine's Sokor project upgraded to 724,000 oz of gold resource

SINGAPORE (Mar 22): CNMC Goldmine announced that a recent independent review has estimated that its Sokor flagship project in Kelantan, Malaysia, contains 724,000 ounces (oz) of JORC-compliant gold resource in the ground, the highest on record since the g

IPO

CNMC Goldmine seeks dual primary listing in Hong Kong

SINGAPORE (Jan 15): CNMC Goldmine Holdings is seeking a dual primary listing on the Mainboard of the Stock Exchange of Hong Kong (SEHK).

Results

CNMC Goldmine cut to ‘neutral’ on disappointing 1H output

SINGAPORE (Aug 18): Phillip Securities has downgraded CNMC Goldmine to “neutral” as 1H17 output has been a disappointment. Revenue and net profit missed the expectations of the research house due to a substantial drop in sales volume of gold resulting

Results

CNMC Goldmine reports 99% fall in 1Q earnings

SINGAPORE (May 15): CNMC Goldmine reported a 98.8% fall in 1Q17 earnings to US$54,834 ($77,000) from US$4.6 million a year ago because of the lower ore grades as forewarned in its profit guidance.
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