A marked increase in gold output after its third processing plant began full commercial production in May this year enabled CNMC Goldmine Holdings Ltd. to generate core earnings of $1.80 million in the second quarter of 2018, reversing a net loss of $35,052 in the same period last year, the company said.
The group produced and sold 7,187 oz of fine gold at its flagship Sokor project in Malaysia’s Kelantan state in the second quarter, the highest since the third quarter of 2016 and 87.4% more than in the second quarter of 2017.
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