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Share Price Information for Griffin Mining (GFM)

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Share Price: 150.00
Bid: 151.00
Ask: 158.00
Change: -4.00 (-2.60%)
Spread: 7.00 (4.636%)
Open: 153.00
High: 157.00
Low: 150.00
Prev. Close: 154.00
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Griffin Mining nearly doubles resource estimate for Zone III at Caijiaying mine

Wed, 03rd Apr 2019 16:46

(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.The miner estimated a total of 48.7 metric tonnes at averages grades of 4.2% zinc, 0.2% lead, 21.4g/t silver and 0.6g/t gold.Previously, it had estimated 27.3mt at 4.6% zinc, 0.2% lead, 22.9g/t silver and 0.7g/t gold.Commenting on the new estimate for Zone III, chairman Mladen Ninkov said it was a "truly an outstanding result"."One only wonders what the revised resource statements for Zone II and Zone VIII will reveal and the size of the increase to the global resource at Caijiaying," he said.The revised estimate for Zone II and maiden one for Zone VIII were both well-advanced and should be forthcoming in the near future, Ninkov added.Griffin classed 40% of those resources as measured, 20% as indicated and 40% as inferred, with the bes zinc grade (4.6%) reported in the measured segment.Analysts at SP Angel dubbed the revised Zone III estimate "meaningful", telling clients they looked "forward to further updates when the current work is completed."
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18 Mar 2022 14:56

IN BRIEF: Griffin Mining restarts operations at Caijiaying mine

Griffin Mining Ltd - operator of the Caijiaying zinc-gold mine in China - Restarts underground operations at the Caijiaying zinc gold mine in the Hebei Province in China. The mill facilities are scheduled to start processing ore again on March 25.

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18 Mar 2022 14:02

Griffin restarts operations at Caijiaying Mine

(Sharecast News) - Griffin Mining announced on Friday that underground operations had now restarted at the Caijiaying Mine, and that the mill facilities were scheduled to recommence processing ore on 25 March.

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4 Mar 2022 11:13

AIM WINNERS & LOSERS: Griffin restarts Caijiaying; Ten Lifestyle drops

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

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4 Mar 2022 11:00

Griffin Mining shares rise on planned restart of Caijiaying operations

(Alliance News) - Griffin Mining Ltd on Friday said underground mining operations at the Caijiaying zinc-gold mine in China are scheduled to restart on March 15.

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4 Mar 2022 09:42

LONDON BROKER RATINGS: JPMorgan cuts Polymetal; Panmure raises Melrose

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon:

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2 Feb 2022 19:37

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

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2 Feb 2022 12:32

Griffin appoints new operations chief from Caijiaying Mine

(Sharecast News) - Griffin Mining announced the resignation of Damien Houseman as the general manager of Caijiaying Mine on Thursday, with current mine manager John Steel being appointed as its chief operating officer with immediate effect.

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18 Jan 2022 20:39

TRADING UPDATES: Ramsens resumes dividend; Watkin Jones profit rises

TRADING UPDATES: Ramsens resumes dividend; Watkin Jones profit rises

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7 Jan 2022 09:28

LONDON BROKER RATINGS: Shell cut to Neutral; Centamin raised to Buy

LONDON BROKER RATINGS: Shell cut to Neutral; Centamin raised to Buy

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31 Dec 2021 11:26

Griffin expecting 'bleak' first quarter as mine closes for Winter Olympics

(Sharecast News) - Griffin Mining announced on Friday that mining and milling operations ceased on the night shift last night and, as was customary practice for the Caijiaying Mine, would remain closed during the Chinese New Year holiday period.

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31 Dec 2021 08:49

IN BRIEF: Griffin Mining warns of "bleak" financial start to year

IN BRIEF: Griffin Mining warns of "bleak" financial start to year

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31 Dec 2021 07:44

LONDON MARKET PRE-OPEN: Mercia to see windfall from Faradion sale

LONDON MARKET PRE-OPEN: Mercia to see windfall from Faradion sale

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5 Nov 2021 16:06

IN BRIEF: Griffin's Caijiaying mine to close for Winter Olympics

IN BRIEF: Griffin's Caijiaying mine to close for Winter Olympics

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12 Oct 2021 12:14

IN BRIEF: Griffin pleased with quarterly production but stays cautious

IN BRIEF: Griffin pleased with quarterly production but stays cautious

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12 Oct 2021 09:44

Griffin Mining sees growth in ore mined and processed

(Sharecast News) - Mine operator Griffin Mining said on Tuesday that ore mined and processed had now reached roughly 100,000 tonnes per month.

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