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GFM Griffin Mining Limited

113.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Griffin Mining Limited LSE:GFM London Ordinary Share BMG319201049 ORD $0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 113.25 113.00 114.00 115.00 113.00 113.00 227,508 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 94.4M 7.7M 0.0400 28.25 217.9M

Griffin Mining Ld Operational Update (0801G)

13/03/2020 9:52am

UK Regulatory


Griffin Mining (LSE:GFM)
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TIDMGFM

RNS Number : 0801G

Griffin Mining Ld

13 March 2020

8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com

Operational Update Re: Coronavirus

Recommencement of Operations

13(th) March 2020

Further to the announcements made by Griffin Mining Limited ("Griffin" or the "Company") on the 29 (th) January 2020, 5 (th) February 2020 , 12 (th) February 2020 and 24(th) February 2020, the Company is pleased to report that it's Caijiaying Zinc-Gold Mine ("Caijiaying Mine") has been steadily increasing the level of operations such that underground mining has reached 100%, and processing operations 75%, of planned output. Ore stockpiles from underground mining have been steadily increasing at surface.

There are currently 4,075 tonnes of zinc concentrate and 497 tonnes of gold/lead concentrate in storage at the Caijiaying Mine with sales planned to occur over the coming week. Delivery of consumables, re-agents and spares necessary to safely and efficiently run operations have returned to normal.

The County and City Governments have been very supportive of the resumption of operations at the Caijiaying Mine, which has included the free provision of dedicated bus services and COVID-19 testing for employees and contractors returning to the Caijiaying Mine from outside Hebei Province. Griffin continues to work closely with theses government authorities. To date, no reportable COVID-19 cases have been reported at the Caijiaying Mine or the surrounding area and the Company remains in full compliance with the measures mandated by the central Chinese regulatory authorities to limit the potential transmission of COVID-19.

Further information

Griffin Mining Limited:

   Mladen Ninkov                    (Chairman) 

Roger Goodwin (Finance Director & Company Secretary) Telephone: +44 (0)20 7629 7772

John Prior Numis Securities Limited Telephone: +44 (0)20 7260 1000

Alamgir Ahmed

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDGCGDXCSBDGGX

(END) Dow Jones Newswires

March 13, 2020 05:52 ET (09:52 GMT)

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