Gold to end 2017 lower at US$1,200/oz: OCBC forecaster

20 Apr 2017 - Business Times Breaking News
GOLD prices' recent rally on geopolitical concerns is not likely to be sustained to the end of the year, said Barnabas Gan, OCBC Bank economist. Although Mr Gan sees gold prices rising above US$1,300/oz if geopolitical tensions intensify further, he sees it ending 2017 at around US$1,200/oz, due to expected ...
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CNMC: Independent Expert Review Uncovers 623,000 Ounces Of Gold Resources At Sokor Flagship Project Despite Depletion.

4 Apr 2017 - ShareInvestor Express
CNMC Goldmine Holdings Limited said an independent expert geologist's annual review shows its flagship gold mine in Kelantan contains mineral resources of approximately 623,000 ounces of gold in the ground as at the end of 2016, despite mine depletion during the year. This mineral resource figure is ...
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GLP' China branch; Keppel T&T to sell 10% in air cargo biz

21 Mar 2017 - DealStreetAsia
Singapore based logistics company Global Logistics Properties is opening GLP Financial Lease branch in China. Keppel Telecommunications & Transportation Ltd, that handles logistics and data center has agreed to sell 10 per cent stake in Asia Airfreight Terminal Company for $45.2 million. CNMC Goldmine ...
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CNMC Goldmine: Proposed Acquisition Of The Entire Issued Share Capital Of Kelgold Mining Sdn. Bhd.

20 Mar 2017 - ShareInvestor Express
CNMC Goldmine Holdings Limited ("CNMC" or the "Company") has offered to acquire full control of a company in Kelantan with the rights to explore gold, iron ore and other minerals, in its latest push to expand its growing portfolio of mining assets in Malaysia...
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CNMC Goldmine acquires Kelantan rights

20 Mar 2017 - Business Times Breaking News
GOLD miner CNMC Goldmine said on Monday morning that it will pay RM2.5 million (S$0.79 million) to acquire KelGold, a Kelantan company with rights to explore gold, iron ore and other minerals. KelGold's rights are in an area of 15.5 sq km in Kelantan that expires in 2019, and is in the process of renewing ...
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Stocks to watch: Kingsmen Creatives, CNMC Goldmine, Mapletree Logistics Trust

22 Feb 2017 - Business Times Breaking News
Kingsmen Creatives THE group reported a 37.6 per cent year-on-year drop in net profit for FY16 to S$11.9 million.
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CNMC Goldmine in the red for Q4 with US$1.9m loss

21 Feb 2017 - Business Times Breaking News
MALAYSIAN gold miner CNMC Goldmine Holdings fell into the red for the fourth quarter, as revenue tumbled 44 per cent due to lower ore grades. The group recorded a loss of US$1.9 million for the three months ended Dec 31, against a net profit of US$3.3 million in the same period a year ago.
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CNMC: Boosts Mining Footprint In Malaysia By Nearly 5-Folds With Subscription Of Pulai Mining On Track For Completion.

20 Jan 2017 - ShareInvestor Express
RM13.8M subscription of 51% stake will give CNMC its second mining project in Kelantan. Besides gold, Pulai Mining project can also potentially yield iron ore and feldspar...
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Daily Debrief: What Happened Today

13 Jan 2017 - Business Times Breaking News
Ex-BSI banker Yeo Jiawei splurged US$8.2m on Australian properties: report Former Singapore banker Yeo Jiawei, accused of laundering money linked to Malaysia's 1MDB scandal, used a tax haven company as part of an US$8.2 million (S$11.6 million ) plus splurge on property in Australia's Gold Coast, The ...
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CNMC Goldmine Holdings warns of loss for Q4

13 Jan 2017 - Business Times Breaking News
CNMC Goldmine Holdings expects to report a net loss for the fourth quarter of 2016, due to unrealised foreign exchange losses and a fall in revenue as a result of lower ore grades. The group issued the profit warning on Friday, based on a preliminary review of its unaudited consolidated management accounts.
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