CNMC Goldmine Holdings

SINGAPORE (Sept 15): Phillip Securities is initiating coverage on CNMC Goldmine Holdings, the first goldminer to be listed on SGX’s Catalist board in 2011, with a “buy” rating and a target price of $1.03.

SINGAPORE (Aug 23): CNMC Goldmine Holdings has received approval from regulators in Malaysia for large-scale operation for its Sokor gold field project in Kelantan.

SINGAPORE (Aug 22): Singapore stocks closed weaker on Monday evening.

SINGAPORE (Aug 10): CNMC Goldmine Holdings posted record high earnings of US$4.7 million ($6.3 million) in 2Q16, up 30.9% from US$3.6 million registered in the same quarter last year.

SINGAPORE (July 27): NRA Capital is maintaining its “overweight” rating on CNMC Goldmine at a fair value of 43 cents, with the sentiment that its recent stop-work order incident will have limited impact on the company’s 3Q performance.

SINGAPORE (July 22): Shares in CNMC Goldmine Holdings plunged nearly 12% on Friday after the group made an after-market announcement on Thursday that it had received a temporary stop-work order from a Kelantan government agency.

SINGAPORE (July 21): CNMC Goldmine Holdings has received a letter on July19 ordering the company to temporarily stop all works and operations at its Sokor gold field project.

SINGAPORE (July 4): CNMC Goldmine Holdings on Monday announced its Sokor Gold Project has produced a record quarterly production of fine gold for the period ended 30 June 2016.

SINGAPORE (June 29): KGI Fraser Securities has reiterated its “buy” call for CNMC Goldmine Holdings, with a revised target price of 51 cents. The previous target price was 48 cents.

SINGAPORE (June 6): Gold miner CNMC Goldmine Holdings is setting up a research unit with Malaysia’s University of Malaya to support the group’s ongoing exploration activities.