Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGriffin Mining Share News (GFM)

Share Price Information for Griffin Mining (GFM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 150.00
Bid: 150.00
Ask: 154.00
Change: -2.00 (-1.32%)
Spread: 4.00 (2.667%)
Open: 155.00
High: 155.00
Low: 150.00
Prev. Close: 152.00
GFM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Ormonde Falls Amid Issues With Congo Transaction

Thu, 18th Feb 2021 11:26

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

----------

AIM - WINNERS

----------

Scirocco Energy, up 28% at 1.22 pence, 12-month range 0.3p-2.69p. The investing company notes positive update provided by Helium One announcing the commencement of its infill seismic campaign with mobilisation of survey and line-clearing crews to its Rukwa helium project in Tanzania. Helium One shares up 0.3%.

----------

ADVFN, up 12% at 36.90p, 12-month range 10p-43p. The investing website operator posts a swing to profit for the first half of its current financial year, crediting the improvement to change in its strategy as a result of the pandemic, as well as to market volatility. For the six months ended December 31, ADVFN posts pretax profit of GBP261,000, swinging from a loss of GBP399,000 a year prior. This was as revenue rose 11% to GBP4.2 million from GBP3.8 million, and administrative expenses fell 7.5% to GBP3.7 million from GBP4.0 million.

----------

Griffin Mining, up 9.0% at 158p, 12-month range 30p-160p. The miner reports new global mineral resource estimate for its Caijiaying zinc-gold mine in China. Says the new global mineral resources are from the four main deposit zones. Total contained metal is 4.0 million tonnes of zinc, 600,000 tonnes of lead, 88.8 million ounces of silver, and 1.6 million ounces of gold. This is an increase of about 50% from the previous mineral resource, which incorporated zones II and III only. The recent resource increase has now triggered a development programme to be commenced to enable increased production to 1.5 million tonnes per annum, Griffin delivering an 80% production increase in the next two years.

----------

1Spatial, up 5.1% at 31.00p, 12-month range 13p-33p. Cambridge-based location data software provider says it secured a contract to deliver a digital system map of the UK's energy system to support a pathway to net zero.

----------

AIM - LOSERS

----------

Ormonde Mining, down 22% at 1.86p, 12-month range 0.42p-3.48p. The Irish natural resource company says the resolutions due to be considered at Thursday's reconvened annual general meeting have been withdrawn and the meeting dissolved. Notes it has come to the decision to dissolve the AGM as a result of being unable to obtain the support of its largest shareholder for resolutions 6 and 7. Resolution 6 would have allowed the company to issue shares to third parties as consideration for a transaction. Says approval of resolution 6 was necessary to facilitate the timely completion of the proposed acquisition of a number of copper and polymetallic licenses in the Republic of the Congo, under terms which have been under discussion for several months and are largely agreed.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
12 Feb 2020 18:26

Griffin Mining re-staffs China mine as coronavirus restrictions lifted

Feb 12 (Reuters) - Griffin Mining said on Wednesday it was returning essential staff to its Caijiaying mine in northeastern China to restart operations after Chinese government decrees restricting all non-essential businesses due to a coronavirus...

Read more
12 Feb 2020 18:06

Griffin Mining To Restart Caijiaying Mine As China Lifts Restrictions

Griffin Mining To Restart Caijiaying Mine As China Lifts Restrictions

Read more
5 Feb 2020 13:39

Griffin Mining shares down on coronavirus closure at mine

(Sharecast News) - Griffin Mining updated the market on its operations at the Caijiaying Mine in China on Wednesday, as it remained affected by the ongoing outbreak of novel coronavirus in the country.

Read more
5 Feb 2020 11:40

Griffin's Chinese Operations Halted By Coronavirus Measures

Griffin's Chinese Operations Halted By Coronavirus Measures

Read more
29 Jan 2020 14:05

Griffin Mining reassures shareholders as coronavirus affects operations

(Sharecast News) - Griffin Mining updated the market on operations at its Caijiaying Mine on Wednesday, in light of restrictions imposed by various levels of government in China amid the ongoing outbreak of Wuhan coronavirus.

Read more
29 Jan 2020 13:39

Griffin Mining Says China Mining Operations Halted Amid Virus Outbreak

Griffin Mining Says China Mining Operations Halted Amid Virus Outbreak

Read more
13 Jan 2020 13:19

DIRECTOR DEALINGS: Griffin Mining Director's Associate Buys Shares

DIRECTOR DEALINGS: Griffin Mining Director's Associate Buys Shares

Read more
8 Jan 2020 15:17

DIRECTOR DEALINGS: Griffin Mining Director Brynelsen Buys Shares

DIRECTOR DEALINGS: Griffin Mining Director Brynelsen Buys Shares

Read more
31 Oct 2019 08:12

Griffin Mining Reports Further Delays For Caijiaying Mining Licence

Griffin Mining Reports Further Delays For Caijiaying Mining Licence

Read more
16 Sep 2019 11:34

Griffin Mining Interim Performance Disappoints Due To Zinc Price Fall

(Alliance News) - Griffin Mining Ltd said Monday its interim profit more than halved in the first half of 2019 on falling zinc metal prices and higher smelter treatment charges.For the six

Read more
20 Jun 2019 16:06

Griffin Mining Will Not Meet Market Expectations In Current Conditions

(Alliance News) - Griffin Mining Ltd on Thursday said it will not meet market expectations for 2019 if zinc prices and smelter treatment charges stay flat.Shares in Griffin were down 13% at

Read more
30 Apr 2019 11:47

Griffin Mining Shares Drop As 2018 Profit Drops On Lower Production

LONDON (Alliance News) - Shares in Griffin Mining Ltd fell on Tuesday after the miner reported a drop in profit and revenue for 2018 due to falling prices, as well as lower concentrate production

Read more
3 Apr 2019 16:46

Griffin Mining nearly doubles resource estimate for Zone III at Caijiaying mine

(Sharecast News) - Shares of Griffin Mining shot higher after outfit reported a near doubling in the estimated mineral resource at the Zone III part of its Caijiaying zinc mine in the People's Republic of China.

Read more
28 Sep 2018 15:26

DIRECTOR DEALING: Adam Usdan Raises Stake In Griffin Mining To 19.2%

LONDON (Alliance News) - Griffin Mining Ltd said Friday that a company connected to Non-Executive Director Adam Usdan purchased 50,000 shares at 86.0 pence per share on Thursday.Following a

Read more
21 Sep 2018 15:22

DIRECTOR DEALINGS: Griffin Mining Non-Executive Director Buys Shares

LONDON (Alliance News) - Griffin Mining Ltd said Non-Executive Director Adam Usdan purchased 60,000 shares at a price of 87.8333 pence per share on Thursday.Following this GBP52,700 Usdan a

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.