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Not all gold mining stocks on SGX glitter

Thursday, December 1, 2016 - 05:50

An aerial view of one part of the CNMC goldmine in Kelantan. CNMC Goldmine more than doubled its share price since the start of the year with a total return of 130 per cent, but Anchor Resources which listed in March this year dived 37 per cent, the bourse said. In the middle was Wilton Resources, which posted a lukewarm total return of 3 per cent over the period.


LIKE the three bowls of porridge Goldilocks found upon trespassing, the trio of gold miners listed on the Singapore Exchange (SGX) have turned in quite a mixed showing in the year to date, data from a My Gateway report sent out by the exchange on Wednesday showed.


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