Gold

Gold

Safe havens shine as spreading virus spurs rush to buy gold

The Chinese government is under pressure to combat the outbreak that shows little sign of slowing down, with more than a dozen countries and territories reporting the illness within their borders

Gold

Gold eases from 6-year high as markets watch for Tehran's next move

“Relief can be seen across markets following the knee-jerk reaction toward the eruption of geopolitical tensions,” says Pan Jingyi, market strategist at IG Asia in Singapore.

Gold

Gold-backed ETFs see six-year-high demand

SINGAPORE (Aug 13): Global demand for gold-backed Exchange Traded Funds (ETFs) hit a six-year high in 2Q19 ended June, growing 67.2 tonnes to hit 2,548 tonnes.Year on year, gold-backed ETF demand was double from the 33.8 tonnes bought in 2Q18, accordi

Gold

Central banks counter economic jitters the golden way

(June 17): It appears that all that is gold glitters now, with more central banks, exchange-traded funds (ETFs) and consumers buying the precious metal. Gold accumulation by central banks and other institutions rose 68% y-o-y in 1Q2019. Recent data from t

Gold

Central banks counter economic jitters the golden way

(June 17): It appears that all that is gold glitters now, with more central banks, exchange-traded funds (ETFs) and consumers buying the precious metal. Gold accumulation by central banks and other institutions rose 68% y-o-y in 1Q2019. Recent data from t

Results

CNMC Goldmine announces near-trebling of 1Q earnings to $1.9 mil on higher gold output

SINGAPORE (May 14): CNMC Goldmine Holdings posted earnings of US$1.4 million ($1.9 million) for 1Q19, the group’s highest quarterly profit attributable to shareholders since 3Q16, and nearly triple of its earnings of US$0.5 million a year ago.  

Gold

Gold opens 2019 with fanfare amid growth concerns as copper sags

(Jan 3): Gold futures rose, extending their best quarterly rally in more than a year as concern over China’s economic outlook weighed on global equities and industrial metals.

Update

CNMC Goldmine's dual listing plans rejected by Hong Kong Stock Exchange

SINGAPORE (Dec 24): CNMC Goldmine Holdings says plans for a dual primary listing in Hong Kong has been rejected by the Mainboard of the Hong Kong Stock Exchange (HKSE).  

Results

ValueMax reports 25.3% rise in 1Q earnings to $6.2 mil

SINGAPORE (May 9): ValueMax reported earnings of $6.2 million for the 1Q18 ended March, up 25.3% from $4.9 million in 1Q17 on higher other operating income.

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
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