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Pin to quick picksGriffin Mining Share News (GFM)

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EXECUTIVE CHANGES: IDE CFO departs; Griffin hires former Dignity chair

Thu, 12th Aug 2021 12:58

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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IDE Group Holdings PLC - Edinburgh-based network, cloud and IT managed services - Chief Financial Officer David Templeman resigns immediately, with no reason provided by company. Templeman had only joined IDE in April. He had been CFO of Orbian, a provider of supply chain finance originally set up as a joint venture between Citigroup Inc and SAP SE. IDE says it will recruit another CFO "in due course". IDE's annual general meeting is coming up on August 23. IDE shares are down 15% on Thursday at midday in London.

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B&M European Value Retail SA - Luxembourg-based food and homewares retailer - Hires Paula MacKenzie as non-executive director, starting November 9. MacKenzie was managing director for fast-food chain Kentucky Fried Chicken in the UK and Ireland and before that CFO for the region. She also has worked for drug maker GlaxoSmithKline PLC and distiller Diageo PLC.

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Norman Broadbent PLC - London-based recruitment - Angela Hickmore moves to non-executive director, starting Thursday. Hickmore currently is the company's managing director, having joined Norman Broadbent in 2016. The company is looking for a new chief executive officer, and once one is found, Hickmore will hand over her executive responsibilities, it explains. Last month, Mike Brennan resigned as CEO after five years at the company. Peter Searle remains executive chair.

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Griffin Mining Ltd - operator of the Caijiaying zinc-gold mine in China - Appoints Clive Whiley as senior independent director. Notes Whiley has more than 35 years experience as an executive and as a non-executive director, including business experience in China. Whiley was chair of funeral services provider Dignity PLC until ousted in a general meeting vote in April called by major shareholder Phoenix Asset Management Partners.

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Eleco PLC - London-based construction software - Executive Chair Serena Lang will return to non-executive chair role in September. Kevin Craig and David Dannhauser both will step down from the board at the end of August, while Anders Karlsson will step down as an executive director but remain managing director for Nordics. Eleco hires two new independent non-executive directors. Annette Nabavi joins the board immediately. Nabavi, who will replace Craig as senior independent director, was a non-executive director of AIM-listed cloud services firm Maintel Holdings PLC. She is managing director of Anchusa Consulting and partner at AHV Associates, advising on corporate finance in both roles. Mark Castle joins on September 20. Castle is a non-executive director of Mace Group and previously was the construction and facilities management firm's chief operating officer.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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15 May 2024 12:19

Griffin Mining revenue, profits jump in 2023

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(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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24 Apr 2024 12:26

Griffin Mining subsidiary adds wind energy to Caijiaying Mine

(Sharecast News) - Griffin Mining announced a significant milestone in its sustainability strategy on Wednesday, as its subsidiary Hebei Hua Ao Mining Industry Company (HHA), inked an agreement with Zhangjiakou Guoao New Energy (ZGNE) to exclusively use energy generated from two 6.3MW wind turbines, collectively generating 12.6MW of wind power, at the Caijiaying Mine.

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24 Apr 2024 11:26

Griffin Mining inks deal for Caijaying to be powered by green energy

(Alliance News) - Griffin Mining Ltd on Wednesday said its operating subsidiary Hebei Hua Ao Mining Industry Co Ltd has entered into a deal with Zhangjiakou Guoao New Energy Co Ltd for the Caijaying mine to be 100% powered by green, renewable energy.

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12 Apr 2024 11:30

Griffin Mining begins buyback due to "undervalued" share price

(Alliance News) - Griffin Mining Ltd on Friday commenced a share buyback programme, spurned by what the company deemed an undervaluation of its share price.

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11 Apr 2024 14:22

Griffin Mining production takes hit from Lunar New Year holidays

(Alliance News) - Griffin Mining Ltd on Tuesday reported a drop in quarterly production, following disruption to operations from the Chinese Lunar New Year and Spring Festival holidays.

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11 Apr 2024 09:59

Griffin Mining confident despite first quarter production weakness

(Sharecast News) - Griffin Mining updated the market on production at the Caijiaying zinc-gold mine for the March quarter on Thursday, reporting that operations were affected by the Chinese Lunar New Year and Spring Festival holidays.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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23 Feb 2024 12:48

Board member resigns from Griffin Mining's HHA subsidiary

(Sharecast News) - Griffin Mining announced the resignation of Shengchang Jin from his position as a director of Hebei Hua Ao Mining (HHA), an operating subsidiary owned 88.8% by the company, on Friday.

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17 Jan 2024 16:55

IN BRIEF: Griffin Mining reports jump in output across board in 2023

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Reports production figures for 2023. Ore mined up 77% to 1.5 million tonnes from 852,579 tonnes the year before, while ore processed jumps 82% to 1.5 million tonnes in 2023 from 831,549 in 2022. Zinc production rises 79% to 56,933 tonnes from 31,787, gold production jumps 68% to 17,052 ounces from 10,137 ounces, silver production climbs 40% to 314,667 ounces from 224,587 ounces and lead production advances 65% to 1,546 tonnes from 940 tonnes. Chair Mladen Ninkov describes figures as "spectacular". "From a company that has only ever raised net capital of under USD30 million and no debt in its 26-year history to now have a world class, modern, underground mine, producing over 1.5 million tonnes of ore per year is an extraordinary."

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17 Jan 2024 14:56

Griffin Mining reports 'spectacular' year at Caijiaying

(Sharecast News) - Griffin Mining released production results for the Caijiaying Zinc Gold Mine for the three months and year ended 31 December on Wednesday, reporting impressive achievements.

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8 Jan 2024 08:38

CORRECT (Jan 5): Griffin Mining buys back shares from joint broker

(Clarifies that Griffin Mining bought back shares.)

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5 Jan 2024 15:24

IN BRIEF: Griffin Mining issues shares to joint broker

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Enters into trades through its joint broker Joh. Berenberg, Gossler & Co KG to issue 8.9 million of its own shares, about 4.6%, at a price of 88 pence per share for GBP7.8 million. Griffin Mining Finance Director Roger Goodwin sells 1.4 million shares at 88p each as part of the transaction. After the sale, Goodwin holds a 0.8% stake of issued shares in the company, or 1.5 million shares.

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15 Dec 2023 10:59

IN BRIEF: Griffin Mining subsidiary director under hotel detention

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Says Director Shengchang Jin of subsidiary Hebei Hua Ao Mining Industry Co Ltd has been placed under hotel detention by Chinese authorities. Says he is being investigated in relation to his role as chief executive officer of Zhangjiakou Yuanrun Enterprise Management Consulting Service Co Ltd. Says investigations only relate to Jin and do not affect any HHA operations.

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12 Oct 2023 13:54

IN BRIEF: Griffin Mining notes "solid" production at Caijiaying

Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Says in the three months to September 30, mines 363,406 tonnes of ore, down slightly from 366,762 tonnes in the previous quarter, but up from 267,304 tonnes in the corresponding quarter a year ago. Average gold price received per ounce in the third quarter of 2023 is USD1,900, up from USD1,851 in the second quarter and USD1,661 the year before. Average silver price per ounce remained unchanged from the quarter prior at USD19.3, but is up from USD15.7 in the third quarter of 2022. Adds that production at

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