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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
January 27, 2020
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.
January 07, 2020
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
August 13, 2019
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
June 17, 2019
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
June 14, 2019
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.
May 14, 2019
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.
January 03, 2019
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).
December 24, 2018
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.
May 09, 2018
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
March 22, 2018