Information  X 
Enter a valid email address

Griffin Mining Ld (GFM)

  Print          Annual reports

Friday 04 March, 2022

Griffin Mining Ld


RNS Number : 6074D
Griffin Mining Ld
04 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: [email protected]


Progress Statement on the Re-opening of Caijiaying Mine Operations


4th March 2022


Griffin Mining Limited ("Griffin" or the "Company") announces, further, and consistent with, the announcement of 31st December 2021, that all staff and contractors are scheduled to return to the Caijiaying Mine and that underground mining operations are scheduled to recommence, on the 15th March 2022. The processing facilities will be initiated shortly thereafter. Underground drilling at both Zones II & III will begin earlier than planned on the 7th March 2022.


Chairman Mladen Ninkov commented, "I am grateful to all our professional staff, employees and contractors in keeping to the scheduled re-start of operations announced by the Company late last year. This is even more critical in light of the spot zinc price trading over $4,000 tonne, the highest price in over 15 years, and the significantly positive effect that will have on the cash generated by our operations."


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

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

  Alisa MacMaster


Berenberg    Telephone: +44(0)20 3207 7800

    Matthew Armitt

Jennifer Wyllie

Deltir Elezi



  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

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 [email protected] or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t