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An announcement from CNMC Goldmine Holdings Limited ( (SG:5TP) ) is now available.
CNMC Goldmine Holdings Limited has released an updated report on its mineral resources and ore reserves in Malaysia’s Kelantan state as of December 31, 2024. The report, prepared by Snowden Optiro, indicates a 3% increase in contained gold for carbon-in-leach processing and a 7% increase in contained silver, while noting decreases in flotation processing and reductions in lead and zinc reserves. These updates may impact the company’s operational strategies and market positioning.
More about CNMC Goldmine Holdings Limited
CNMC Goldmine Holdings Limited operates in the mining industry, focusing on the extraction and processing of mineral resources. The company is primarily engaged in gold mining activities in Malaysia, particularly in the Kelantan state, and is listed on the Singapore Exchange.
YTD Price Performance: 35.42%
Average Trading Volume: 1,800,063
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$126.4M
Learn more about 5TP stock on TipRanks’ Stock Analysis page.
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