CNMC Goldmine Holdings Limited said on Nov, 04 2025 that it used about 17.6 million Singapore dollars in the quarter ended Sep, 30 2025, roughly 0.2 million Singapore dollars below earlier projections.

The spending covered exploration and evaluation (0.9 million Singapore dollars), plant and machinery (0.3 million), diesel and other production materials (6.0 million), royalty and tribute fees (5.6 million), equipment rental (0.8 million), upkeep of equipment and vehicles (0.2 million) and general working capital (3.7 million). Variances were mainly attributed to payment-timing differences.

During the quarter the group drilled 27 holes totaling 5,008 meters at its Ulu Sokor concession, collected 2,390 half-core samples for analysis and carried out trenching and reconnaissance work at the Kelgold concession. No exploration was undertaken at the Pulai concession.

For the current quarter ending Dec, 31 2025, CNMC Goldmine expects to spend about 21.4 million Singapore dollars, including 1.2 million on exploration, 1.1 million on plant and machinery and 6.9 million on diesel and other materials. Planned work includes 15 drillholes totaling 2,940 meters at the Ulu Sokor concession, focusing on deeper targets at the New Found deposit and further testing of the Rainbow prospect.

The company also warned that construction of an underground mining facility at Sokor’s Rixen gold deposit will be delayed beyond 2025 after water accumulation hindered progress and an unrelated shaft incident resulted in a fatality. Investigations are under way and further updates will be provided, CNMC Goldmine said.