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GFM Griffin Mining Limited

141.00
0.00 (0.00%)
25 Apr 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% 141.00 140.00 142.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 94.4M 7.7M 0.0400 35.50 273.82M

Griffin Mining Ld START OF CAIJIAYING MINE OPERATIONS (1935F)

18/03/2022 7:00am

UK Regulatory


Griffin Mining (LSE:GFM)
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From Apr 2021 to Apr 2024

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TIDMGFM

RNS Number : 1935F

Griffin Mining Ld

18 March 2022

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

Start of Caijiaying Mine Operations

Covid-19 Outbreak China

18(th) March 2022

Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce that underground operations have now recommenced at the Caijiaying Mine and that the mill facilities are scheduled to recommence processing ore on 25(th) March 2022.

As has been reported in the international press, increased cases of the Covid-19 coronavirus have been recorded in certain parts of China, including Jilin Province in north-east China. The Company's management , contractors and other stakeholders are working closely with the local County Government to ensure continuing Covid safe operating and logistical procedures. To date, essential supplies such as explosives and mill materials have not been affected. Nevertheless, the Company continues to liaise with all relevant parties to ensure total compliance with continuing evolving regulations, particularly should the infection rate increase further.

Chairman Mladen Ninkov commented, "I am grateful to our staff, contractors and government officials for managing the necessary approvals to restart the Caijiaying operations on time and so efficiently. As you would expect, we remain vigilant with the reported increase in Covid-19 cases but feel assured by the effective handling of the current situation by all the relevant Chinese authorities."

About Griffin Mining Limited

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates through its 88.8% owned Joint Venture in China the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company's website giffinmining.com.

Further information

Griffin Mining Limited

   Mladen Ninkov - Chairman                            Telephone: +44(0)20 7629 7772 

Roger Goodwin - Finance Director

   Panmure Gordon (UK) Limited                                 Telephone: +44 (0)20 7886 2500 

John Prior

Ailisa MacMaster

Berenberg Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Wyllie

Deltir Elezi

Blytheray

               Tim Blythe                                                       Telephone: +44(0)20 7138 3205 

Swiss Resource Capital AG

 
           Jochen Staiger            Telephone: + 41(0)71 354 8501 
 
 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

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END

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(END) Dow Jones Newswires

March 18, 2022 03:00 ET (07:00 GMT)

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