Thursday 21 July 2016

Stocks Market News : CNMC Goldmine shares down 9.8% in early trading .


SHARES of Catalist-recorded CNMC Goldmine Holdings fell 9.8 for each penny or 4.5 Singapore pennies to S$0.415 as at 11.05am. 

The stock was among the most effectively exchanged on Singapore Exchange on Friday morning, with more than 40 million shares evolving hands. 

The Malaysia-based gold mining firm has been advised by the Kelantan State Lands and Mines Office to incidentally stop its operations at the Sokor gold field. 

The request went ahead July 19 and was made regarding the state government's audit of the company's application to permit the mining of boundless measures of mineral from Sokor. 

Together with its joint-wander accomplice in the task - the Kelantan State Economic Development Corporation - CNMC is working intimately with the powers to guarantee that it meets every one of the necessities for expansive scale operation status. 

CNMC's board is of the conclusion that the stop-work request ought to be lifted at the appointed time.

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