CNMC Goldmine (SGX:5TP) is looking to increase its gold processing capacity by 60% through the expansion of its plant the Sokor Gold Project, a filing with the Singapore Exchange said on Monday.
Through this approach, the company will be able to process 800 tons of gold per day.
The estimated cost of the proposed expansion is around 9.0 million ringgit and will be funded through internal resources.
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