Griffin Mining Share News (GFM)

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.

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

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

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

Griffin inaugurates solar facility at Caijiaying Mine

(Sharecast News) - Griffin Mining announced the inauguration of a 6 MW solar energy generating facility at the Caijiaying Mine on Monday in collaboration with Zhang Jia Kou GuoAO, the partnering firm responsible for the system's installation and ongoing operation.

IN BRIEF: Griffin Mining commissions solar farm at Caijiaying mine

Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Commissions a 6-megawatt solar energy facility at the Caijiaying mine in the Hebei province, China, alongside its partner Zhang Jia Kou GuoAO. Says facility contains 25,753 square metres of solar panel surface area and is expected to supply up to 30% of Caijiaying's total electrical energy consumption.

IN BRIEF: Griffin Mining half-year profit jumps as revenue doubles

Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Says in the six months to June 30, pretax profit jumped by 78% to USD9.6 million from USD5.4 million a year prior, as revenue multiplied to USD69.5 million from USD34.7 million the year before. Zinc operation generated USD55.4 million in revenue.

LONDON BROKER RATINGS: Citigroup cuts Pennon; Exane BNP cuts Reckitt

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

Director dealings: Tesco board member invests in ADRs, Griffin non-exec makes disposal

(Sharecast News) - Tesco was among those disclosing director dealings on Thursday, after one of its board members purchased a number of its American depositary receipts.

IN BRIEF: Griffin Mining notes record production at Caijaying mine

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Says production continues to increase at Caijiaying, with a record 366,762 tonnes of ore mined in the second quarter of 2023, up 8.3% from 338,790 tonnes a year prior. Adds 372,804 tonnes of ore processed in the same period, up 13% from 329,390 tonnes. Says average gold price received per ounce in the second quarter of the year was USD1,841, up 3.5% from USD1,778 from the year before.

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

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

UK shareholder meetings calendar - next 7 days

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut

(Alliance News) - European equities made headway at Thursday's open, though the FTSE 100 underperformed due to share price falls for BT and Burberry.

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negotiations.

LONDON BROKER RATINGS: Peel Hunt raises Wetherspoon to 'add'

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