CNMC Goldmine Holdings

SINGAPORE (May 19):When we first added Golden Energy and Resources to the Singapore Market Portfolio on Feb 14, we reckoned shares of the Indonesia-based coal miner would be boosted by higher prices of thermal coal this year. To some extent, we have been

SINGAPORE (May 5): Shares of CapitaLand and Venture Corp rose in the past week, after the two companies reported their results for the first quarter of the year. CapitaLand hit a 12-month high of $3.76 on April 27, the day after it released its results. V

SINGAPORE (April 7): The property stocks in The Edge Singapore’s Singapore Market Portfolio recorded gains in the past week as investors continued to respond positively to a relaxation of lending rules and a lowering of property sales fees. Between Marc

SINGAPORE (April 4): CNMC Goldmine Holdings on Tuesday announced that its flagship Sokor gold mine in Kelantan contains mineral resources of around 623,000 ounces of gold in the ground as at end-2016, despite mine depletion during the year.

SINGAPORE (March 20): CNMC Goldmine Holdings is proposing to acquire a 100% stake in what would be its third mining asset in Malaysia, KelGold Mining, for RM2.5 million ($0.8 million) in cash.

SINGAPORE (Feb 24): The unveiling of Budget 2017 on Feb 20 brought little cheer to Singapore investors. The Straits Times Index declined 10.96 points on Feb 20 and another 2.5 points on Feb 21, closing at 3,094.19 points. Still, the STI is up 0.8% over th

SINGAPORE (Feb 21): CNMC Goldmine Holdings sunk to a net loss of US$1.9 million ($2.7 million) for the 4Q ended Dec from earnings of US$3.3 million a year ago.

SINGAPORE (Jan 17): DBS Group Research is optimistic about CNMC Goldmine Holdings despite the company expecting to report a net loss for the 4Q ended Dec 31, 2016.

SINGAPORE (Jan 13): CNMC Goldmine Holdings on Friday announced it expects to report a net loss for the quarter ended Dec 31, 2016.

SINGAPORE (Nov 18): DBS Group Research has initiated coverage on CNMC Goldmine Holdings with a “buy” recommendation and a target price of 65 cents.