CNMC Goldmine

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

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

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.

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

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

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

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.

SINGAPORE (April 10): DBS is hoping that last week’s US missile attack on Syria is a one-off. Whatever the case, the latest spike in geopolitical uncertainty has given investors a “good excuse” to go “risk-off” while safe haven assets rebounded.

SINGAPORE (March 24): Positive investor sentiment continues to hold up. This past week, the Straits Times Index gained 0.5%. Our Singapore Market Portfolio did even better, rising 1.2%. Leading the gainers was egg producer Chew’s Group. The counter rose

SINGAPORE (Dec 13): DBS Group Research is sticking to its top stock picks for small- and mid-cap companies, even as the research house’s conviction picks closed 3.2% lower on average in Nov.