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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: 164.00
Bid: 161.00
Ask: 164.00
Change: 2.00 (1.23%)
Spread: 3.00 (1.863%)
Open: 162.00
High: 164.00
Low: 161.00
Prev. Close: 162.00
GFM Live PriceLast checked at -

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

Tue, 21st Oct 2014 11:57

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 picked up 22,150 ordinary shares at an average price of 2,249.62p for a cost of almost £500,000.The shares topped £23 on the day, before moving lower than Beighton's purchase price, where they are still two thirds of the all-time high above £70 they hit early this year.Annual profits were not quite as bad as feared as the online fashion retailer put a troublesome year to bed, although management plans significant investment in international pricing that is likely to hold profits back for the next two years.Beighton's move to COO, effective immediately, will see him add responsibility for retail and international to his existing responsibilities for finance, IT, supply chain and logistics, freeing up chief executive Nick Robertson to focus on growth strategy, customer experience and marketing. The company has already begun a search for a new CFO.Top Director BuysASOS (ASC) Director name: Mr Nick BeightonAmount purchased: 22,150 @ 2,249.62p Value: £498,291Burford Capital (BUR) Director name: Mr David Charles LoweAmount purchased: 60,000 @ 122.00p Value: £73,200Sopheon (SPE) Director name: Mr Barry K MenceAmount purchased: 237 @ 18,576.86p Value: £44,027Devro (DVO) Director name: Mr Peter PageAmount purchased: 20,000 @ 247.32p Value: £49,464Pacific Alliance Asia Opportunity Fund Ltd (PAX) Director name: Mr Anthony M MillerAmount purchased: 30,000 @ $1.55 Value: $46,575Shanta Gold Ltd. (SHG) Director name: Mr Luke LeslieAmount purchased: 210,000 @ 9.50p Value: £19,950Griffin Mining Ltd. (GFM) Director name: Mr Adam Usdan Amount purchased: 50,000 @ 39.00p Value: £19,500Sopheon (SPE) Director name: Mr Stuart A SilcockAmount purchased: 74 @ 23,457.00p Value: £17,358Xcite Energy Ltd. (CDI) (XEL) Director name: Mr Andrew FaircloughAmount purchased: 35,000 @ 43.10p Value: £15,085Minds + Machines Group Limited (DI) (MMX) Director name: Mr Frederick (Fred) Robert KruegerAmount purchased: 150,000 @ 10.00p Value: £15,000
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16 May 2024 14:29

EARNINGS AND TRADING: Griffin Mining profit up; Secure Trust confident

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

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15 May 2024 12:19

Griffin Mining revenue, profits jump in 2023

(Sharecast News) - Griffin Mining reported a substantial increase in revenue in its final results for 2023 on Wednesday, to $146.02m, compared to $94.4m in 2022.

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1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

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

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24 Apr 2024 12:26

Griffin Mining subsidiary adds wind energy to Caijiaying Mine

(Sharecast News) - Griffin Mining announced a significant milestone in its sustainability strategy on Wednesday, as its subsidiary Hebei Hua Ao Mining Industry Company (HHA), inked an agreement with Zhangjiakou Guoao New Energy (ZGNE) to exclusively use energy generated from two 6.3MW wind turbines, collectively generating 12.6MW of wind power, at the Caijiaying Mine.

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24 Apr 2024 11:26

Griffin Mining inks deal for Caijaying to be powered by green energy

(Alliance News) - Griffin Mining Ltd on Wednesday said its operating subsidiary Hebei Hua Ao Mining Industry Co Ltd has entered into a deal with Zhangjiakou Guoao New Energy Co Ltd for the Caijaying mine to be 100% powered by green, renewable energy.

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12 Apr 2024 11:30

Griffin Mining begins buyback due to "undervalued" share price

(Alliance News) - Griffin Mining Ltd on Friday commenced a share buyback programme, spurned by what the company deemed an undervaluation of its share price.

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11 Apr 2024 14:22

Griffin Mining production takes hit from Lunar New Year holidays

(Alliance News) - Griffin Mining Ltd on Tuesday reported a drop in quarterly production, following disruption to operations from the Chinese Lunar New Year and Spring Festival holidays.

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11 Apr 2024 09:59

Griffin Mining confident despite first quarter production weakness

(Sharecast News) - Griffin Mining updated the market on production at the Caijiaying zinc-gold mine for the March quarter on Thursday, reporting that operations were affected by the Chinese Lunar New Year and Spring Festival holidays.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

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23 Feb 2024 12:48

Board member resigns from Griffin Mining's HHA subsidiary

(Sharecast News) - Griffin Mining announced the resignation of Shengchang Jin from his position as a director of Hebei Hua Ao Mining (HHA), an operating subsidiary owned 88.8% by the company, on Friday.

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17 Jan 2024 16:55

IN BRIEF: Griffin Mining reports jump in output across board in 2023

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."

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17 Jan 2024 14:56

Griffin Mining reports 'spectacular' year at Caijiaying

(Sharecast News) - Griffin Mining released production results for the Caijiaying Zinc Gold Mine for the three months and year ended 31 December on Wednesday, reporting impressive achievements.

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8 Jan 2024 08:38

CORRECT (Jan 5): Griffin Mining buys back shares from joint broker

(Clarifies that Griffin Mining bought back shares.)

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5 Jan 2024 15:24

IN BRIEF: Griffin Mining issues shares to joint broker

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.

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15 Dec 2023 10:59

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.

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