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