Corporate digest
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
CNMC Goldmine Holdings
CNMC Goldmine Holdings' application for large-scale operations at its Sokor gold field project has been approved, allowing the company to mine unlimited amounts of ore. The mining lease, which originally expires in 2018, will also be extended to Dec 31, 2034, providing long-term certainty to the group's operations. Royalty rates for minerals produced in Sokor will be adjusted to 10 per cent, and the company will be required to pay the Kelantan State Lands and Mines Office and other state authorities a processing payment of up to RM20 million (S$6.7 million) for the lease extension.
AusGroup
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
