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Share Price: 157.00

Bid: 154.00

Ask: 156.00

Change: 1.00 (0.65%)

Spread: 2.00 (1.299%)

Open: 154.00

High: 158.00

Low: 154.00

Prev. Close: 154.00

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IN BRIEF: Griffin Mining issues shares to joint broker

Fri, 05th Jan 2024 15:24

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.

Current stock price: 90.00 pence, down 1.3% on Friday

12-month change: up 23%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

More News

17 Apr 2023 11:59

Griffin Mining reports record-breaking first-quarter production

(Sharecast News) - Griffin Mining reported record-breaking production output at the Caijiaying Mine in the first quarter of the year on Monday.

17 Apr 2023 11:55

Griffin reports soaring quarterly ore mining and processing results

(Alliance News) - Griffin Mining Ltd on Monday said its quarterly ore mining and processing results soared, both from a year earlier and the previous quarter, in a record first quarter for the firm.

30 Mar 2023 09:54

LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

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

6 Mar 2023 12:36

Griffin Mining's Caijiaying mine plan approved by local Chinese bureau

(Alliance News) - Griffin Mining Ltd on Monday said its design for zone 2 of the Caijiaying mine in China has been approved by the local emergency response bureau.

13 Jan 2023 15:15

Griffin Mining beats production forecasts in interrupted year

(Sharecast News) - Griffin Mining said in an update on Friday that it mined 852,579 tonnes of ore in 2022, down from 971,492 year-on-year.

13 Jan 2023 12:19

Griffin Mining 2022 ore production and procession down due to shutdown

(Alliance News) - Griffin Mining Ltd on Friday reported that its mine production fell in the fourth quarter and in all of 2022 due to a five-month intermittent shutdown in production during 2022, which only ended in November.

13 Jan 2023 09:40

LONDON BROKER RATINGS: Berenberg likes Pendragon; HSBC cuts Keywords

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

18 Nov 2022 13:01

Griffin Mining still facing Covid-related delays in China

(Sharecast News) - Griffin Mining updated the market on its operations on Friday, following the 20th Congress of the Chinese Communist Party and the subsequent relaxation of Covid-19 restrictions by authorities.

18 Nov 2022 11:02

Griffin Mining confident of results despite Covid-19 delays in China

(Alliance News) - Griffin Mining Ltd on Friday said that while China's zero-tolerance approach to Covid-19 continues to create uncertainty at its flagship mine, it was confident of an improved performance in the new year as guidelines start to relax.

4 Nov 2022 20:38

TRADING UPDATES: SigmaRoc files patent; Griffin restarts operations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

4 Nov 2022 13:22

Griffin Mining restarts operations at Caijiaying Mine

(Sharecast News) - Griffin Mining announced the restart of operations at the Caijiaying Mine on Friday.

24 Oct 2022 13:35

IN BRIEF: Griffin Mining hails output "resilience" despite shutdown

Griffin Mining Ltd - mine operator focused on China - In the three months to September 30, mines 267,304 tonnes of ore, which is a 13% decrease year-on-year from 306,966 tonnes, and a 21% decrease from the three months to June 30, 2022. Processes 309,465 tonnes of ore during the quarter, which is a 6.1% increase year-on-year, and a 6.0% decrease from the previous quarter. The period was hit by the enforced suspension of operations at the Caijiaying Mine from September 23, for the Plenary Session of the Communist Party Central Committee and the Chinese Communist Party's 20th Party Congress. On an equivalent annualised basis, mining and processing were maintained at over 1.3 million tonnes of ore per annum until the suspension. Chinese authorities have advised it may resume operations at Caijiaying from Wednesday, it says.

24 Oct 2022 11:44

Griffin Mining maintains production despite forced shutdown

(Sharecast News) - Griffin Mining announced its production results for the September quarter on Monday, with the results achieved despite the enforced suspension in operations at the Caijiaying Mine from 23 September due to the Chinese Communist Party's 20th Congress.

24 Oct 2022 10:12

LONDON BROKER RATINGS: HSBC raises BP, Land Securities, British Land

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

6 Oct 2022 10:46

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

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

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