Trading Update

RNS Number : 6555L

Griffin Mining Ld

20 July 2017

 

Griffin Mining Limited

8^th Floor, 54 Jermyn Street, London, SW1Y 6LX. United Kingdom

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

E mail: [e-mail]

Trading Update

20^th July 2017

Griffin Mining Ltd (the "Company" or "Griffin"), as expected, will announce its six monthly interim results to the 30^th June 2017 in early August 2017. 

Whilst the first six months of 2017 saw throughput and production levels broadly in line with market forecasts, however, as a result of increased commodity prices and in particular zinc with prices received by Griffin up 90% on that achieved in the same period in 2016, the financial results for the first six months will be above expectations.  If this positive commodity price environment were to continue in the second half of the financial and calendar year, annual financial results are likely to be above current market expectations. 

 

Further information

Griffin Mining Limited

Mladen Ninkov - Chairman                               Telephone: [phone]

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited                               Telephone: [phone]

             Dominic Morley

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

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No.596/2014.

 

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