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Pin to quick picksGriffin Mining Share News (GFM)

Share Price Information for Griffin Mining (GFM)

London Stock Exchange
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Share Price: 156.00
Bid: 154.00
Ask: 156.00
Change: -2.00 (-1.27%)
Spread: 2.00 (1.299%)
Open: 156.00
High: 156.00
Low: 155.00
Prev. Close: 157.00
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Griffin's Chinese Operations Halted By Coronavirus Measures

Wed, 05th Feb 2020 11:40

(Alliance News) - Griffin Mining Ltd on Wednesday said work at its Caijiaying mine has been restricted after the Chinese government halted all "non-essential business" until February 9 to temper the spread of the coronavirus.

Mining operations at the zinc, gold, silver and lead project remained suspended following the Lunar New Year holiday, the investor said last week.

Milling operations, using stockpiled ore, continued until January 30, Griffin explained.

Griffin added on Wednesday: "Underground workings at Caijiaying are being maintained on a care and maintenance basis with essential services, including pumping and ventilation, ongoing.

"Whilst all essential and senior Chinese staff remain at Caijiaying, all non-essential local staff have been sent home and placed on standby with the expectation of operations recommencing on February 9 as mandated by the Chinese authorities."

Shares in the company were 2.7% lower at 63.25 pence each in London on Wednesday morning.

Recent reports on Wednesday said the number of people infected in China by the coronavirus jumped to 24,000 and millions more were ordered to stay indoors.

The confirmed death toll in mainland China rose to 490 after hardest-hit Hubei province reported 65 more people had died.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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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.

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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

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13 Jan 2020 13:19

DIRECTOR DEALINGS: Griffin Mining Director's Associate Buys Shares

DIRECTOR DEALINGS: Griffin Mining Director's Associate Buys Shares

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8 Jan 2020 15:17

DIRECTOR DEALINGS: Griffin Mining Director Brynelsen Buys Shares

DIRECTOR DEALINGS: Griffin Mining Director Brynelsen Buys Shares

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31 Oct 2019 08:12

Griffin Mining Reports Further Delays For Caijiaying Mining Licence

Griffin Mining Reports Further Delays For Caijiaying Mining Licence

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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

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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

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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

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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.

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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

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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

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18 Sep 2018 15:00

Griffin Mining Non-Exec Ups Stake Through Trellus Entity (ALLISS)

LONDON (Alliance News) - Griffin Mining Ltd on Tuesday said an entity related to Non-Executive Director Adam Usdan bought shares.Trellus Co LLC bought 50,000 Griffin shares for 97 pence for

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6 Sep 2018 16:43

DIRECTOR DEALING: Hedgefund Firm Trellus Buys Shares In Griffin Mining

LONDON (Alliance News) - Foreign mining investment company Griffin Mining Ltd said Thursday that Trellus Co LLC purchased 40,000 shares at a price of 104.25 pence each on Wednesday.Griffin

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7 Aug 2018 11:44

Griffin Mining Profit Falls In First-Half, Warns On Further Challenges

LONDON (Alliance News) - Griffin Mining Ltd on Tuesday warned on challenging second-half of 2018 as first-half profit declined on higher expenses.The investment company reported pretax of a

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