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Gold miner CNMC completes carbon-in-leach plant, expects output boost

MALAYSIAN gold miner CNMC Goldmine Holdings has completed the construction of its carbon-in-leach plant which will allow the firm to process higher-grade gold ore.

In a Singapore Exchange filing on Monday, the group said that trial production at the plant - its third gold-ore processing facility at the Sokor project in Kelantan - has started, and commercial production will begin once operational processes have been fine-tuned.

The plant is expected to be able to process about 500 tonnes of ore daily. The firm has stockpiled about 18,000 tonnes of higher-grade ore for the plant, in preparation of a ramp-up in operations and in anticipation of the year-end monsoon season.

The new facility will enable CNMC to process higher-grade gold ore with better yield ratios, boost gold production and optimise overall gold output, said the firm.

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It added that its current heap leaching facility is best suited for processing lower-ore grades, hence limiting overall gold output.