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Griffin Mining ShareCast News (GFM)
ShareCast News for Griffin Mining (GFM)
| Share Price: 30.00 | Bid: 29.75 | Ask: 30.00 | Change: -0.75 (-2.44%) |  | ||||||
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Griffin Mining Buys Back 150,000 Shares At 40 Pence Per Share
Mon, 28th Jun 2010 11:10
LONDON (Dow Jones)--Griffin Mining Ltd (GFM.LN) said Monday it purchased 150,000 of its own ordinary shares on June 25 at a price of 40 pence per share.
MAIN FACTS:
-The ordinary shares have been purchased for cancellation.
-Shares at 1009 GMT down 0.75 pence or 0.84%, at 40 pence, valuing the company at GBP72.7 million.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com
(END) Dow Jones Newswires
June 28, 2010 06:10 ET (10:10 GMT)
MAIN FACTS:
-The ordinary shares have been purchased for cancellation.
-Shares at 1009 GMT down 0.75 pence or 0.84%, at 40 pence, valuing the company at GBP72.7 million.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com
(END) Dow Jones Newswires
June 28, 2010 06:10 ET (10:10 GMT)
Wednesday broker round-up UPDATE
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation.[22 May '13]
Griffin Mining's annual profits drop as gold production falls
Griffin Mining's shares retreated Thursday after the company posted a fall in annual revenue and profit.[11 Apr '13]
Thursday broker round-up UPDATE
Admiral: Nomura raises target price from 1350p to 1493p keeping a buy recommendation.[7 Mar '13]
Griffin Mining boosted by record production
Griffin Mining said record levels of zinc, lead and silver production in China drove revenues up in the first half.[4 Sep '12]
Resource round-up: Atlantic Coal, Silvermere, Toledo Mining
Also includes: Jupiter Energy, Griffin Mining, Ariana Resources, Leni Oil & Gas, Stratex International[30 Jul '12]
Resources round-up: Griffin Mining, Lansdowne, ATH Resources
Griffin Mining has continued to deliver 'excellent' results from underground diamond drilling at its Caijiaying mine in northern China. Some of the best results so far include 37.4 metres (m) at 6.55g per tonne gold and 4.33% zinc, 45m at 5.23g/t (grammes per tonne) gold and 4.47% zinc and 28.5m 3.42g per tonne gold and 1.92% zinc. Better zinc results included 25.4m at 15.5% zinc and 30m at 10.91% zinc. Drilling will continue during 2012 to evaluate what is a highly prospecti[24 May '12]
Griffin Mining doubles profits
China-focused gold and zinc miner Griffin Mining more than doubled pre-tax profits in the half year to 30 June as it benefited from higher gold prices and reduced operating costs.[6 Sep '11]
Griffin lifts profits despite mine shut-down
Griffin Mining posted a rise in pre-tax profits in the year to 31 December despite having to shut down its only mine for four months due to an accident that killed two miners.[4 May '11]
