CNMC Goldmine Boosts Capacity Amidst Gold Demand

CNMC Goldmine Holdings Limited (SG:5TP) has released an update.

CNMC Goldmine Holdings Limited is set to enhance the Sokor Gold Project by expanding its carbon-in-leach plant, increasing gold processing capacity by 60%. The RM9.0 million expansion, self-funded by the company, aims to boost operational efficiency with completion targeted for the first half of next year. While the expansion supports the company’s growth and shareholder value, investors are cautioned that increased capacity may not directly equate to a proportional increase in gold production.

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