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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: 147.00
Bid: 143.00
Ask: 146.00
Change: -10.00 (-6.37%)
Spread: 3.00 (2.098%)
Open: 155.00
High: 157.00
Low: 145.00
Prev. Close: 157.00
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IN BRIEF: Griffin Mining reports jump in output across board in 2023

Wed, 17th Jan 2024 16:55

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."

Current stock price: 95.00 pence, up 2.8% in London on Wednesday

12-month change: up 16%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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16 Jun 2015 12:55

Griffin Mining shares drop as China mine temporarily suspended

Shares in Griffin Mining fell 4% on Tuesday after the company said operations at the Caijiaying mine in China have been temporarily suspended following the death of an employee. The decision was taken pending an investigation by both the company and the Chinese authorities into the circumstances cau

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16 Jun 2015 11:34

Griffin Mining Suspends Operations At Caijiaying After Employee Dies

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9 Apr 2015 09:07

Griffin Mining Profit Falls As Revenue Hit By Caijiaying Suspension

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17 Feb 2015 09:59

DIRECTOR DEALINGS: Non-Exec Firm Buys 500,000 Shares In Griffin Mining

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13 Feb 2015 14:39

UK DIRECTOR DEALINGS SUMMARY: Scholium Team Buys After Profit Warning

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10 Feb 2015 09:50

DIRECTOR DEALINGS: Griffin Mining Non-Executive Buys 250,000 Shares

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9 Feb 2015 15:47

Griffin Mining director shows hope in the group buying more shares

A non-executive director in Griffin Mining increased his stake, showing confidence in the group a week after it said its full-year results will be disappointing. Trellus Management Company, an equity hedge fund where Adam Usdan has an interest, purchased 250,000 shares at an individual price of 26.5

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9 Feb 2015 09:44

DIRECTOR DEALINGS: Griffin Mining Non-Executive Buys 250,000 Shares

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3 Feb 2015 08:27

Griffin Mining Results Hit By Plant Upgrade Delays, Chairman Positive

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18 Nov 2014 09:42

Tuesday broker round-up

Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric

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21 Oct 2014 11:57

New Asos COO picks up £0.5m of shares after results bounce

Asos'schief operating officer, Nick Beighton, who has been promoted or perhaps demoted from finance director after three profit warnings in the last seven months, increased his skin in the game with a significant share purchase on Wednesday morning after the company unveiled final results. Beighton

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18 Sep 2014 16:29

Griffin Mining non-exec adds 350,000 shares

A non-executive of Griffin Mining has added to his already large stake in the company with an additional 350,000 shares. Adam Usdan, who joined the company earlier in the year and is also a founding shareholder of the company, now holds 29.14m shares in the group, equal to a 16.3% interest. The pur

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18 Sep 2014 08:55

DIRECTOR DEALINGS: Griffin Mining Non-Executive Buys 350,000 Shares

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3 Sep 2014 10:47

Griffin Mining Profit Bolstered By Cost Cuts At Caijiaying Mine

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19 Aug 2014 09:19

Tuesday broker round-up

Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation. Anglo Pacific: FinnCap lowers target price from 184p to 180p retaining a hold recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1057p to 1063p and keeps a buy recommendation. Libe

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