CNMC in the red for Q4 on lower ore grade
Planned subscription of shares for a 51% stake in Pulai Mining is still on track for completion
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Singapore
MALAYSIAN gold miner CNMC Goldmine Holdings fell into the red for the fourth quarter, as revenue tumbled 44 per cent on lower ore grades.
The group recorded a loss of US$1.9 million for the three months ended Dec 31, against a net profit of US$3.3 million in the same period a year ago.
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