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Pin to quick picksGriffin Mining Share News (GFM)

Share Price Information for Griffin Mining (GFM)

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Share Price: 147.00
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Change: 0.00 (0.00%)
Spread: 3.00 (2.098%)
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Small cap round-up: Galliford Try, Eruma, Lupus...

Tue, 24th Nov 2009 13:00

Galliford Try has lodged an appeal against the OFT's £8.33m in respect of three incidences of cover pricing that occurred between the years 2001 to 2004. Gaillford's fine was part of fines of £130m in total after an OFT investigation into bid rigging on contracts.Lupus Capital has appointed Jamie Pike as non-executive chairman with immediate effect. Michael Jackson, who became non-executive chairman on 1 July 2009, will revert to being a non-executive director. Pike was Chief Executive of Foseco until its acquisition by Cookson Group plc in April 2008. He led the buy-out of Foseco from Burmah Castrol in 2001. His remuneration at Lupus will be £90,000 per annum and he is contracted to work at least four days per month.Security lighting group Eruma has placed 4.3m shares with two suppliers and two directors of the company. The suppliers have taken equity for services in lieu of fees, while the directors, Wayne Money and Alan Davis, have subscribed for shares worth abut £26,000 in total.Gear box developer, Antonov, in partnership with Jaguar, and MIRA, has been awarded a high profile project by the UK Government's Technology Strategy Board to develop a high efficiency 2-speed transmission suitable for use in electric vehicles. Antonov has also proposed to cancel its AIM listing, but will keep its Euronext quote.Shares in Griffin Mining, which operates the Caijiaying gold, copper and zinc project in China's Hebei province, slipped back after it said the Ministry of Land and Resources had requested changes to its application to mine below a certain level.Shares in Media Square fell sharply after the marketing company fell into losses amid a slump in revenues as clients slashed overheads.The company posted a pre-tax loss of £3.2m in the six months to August 31, compared with a profit of £1m the same period the previous year, as revenues fell to £44.9m from £64.2m.Sirius Exploration, a miner with salt and potash assets in North America and Australia, has announced that its subsidiary Dakota Salts is to conduct a study with a view to making an energy storage facility for a power plant in North Dakota.Samuel Heath and Sons, which makes bathroom accessories, posted a pre-tax loss of £97,000 in the half year to 30 September, compared with a profit of £387,000 over the same period the previous year, as revenues dropped to £4.75m from £6.15m.'The figures speak for themselves: trading was extremely difficult,' said chairman Sam Heath. 'Towards the end of the six month period, we thought that we had detected some sort of recovery, but this has disappeared over the last weeks.'imJack lost half of its value after the digital networking and media group said it requires further funds to provide working capital to implement the revised business model, to launch the Kwercus brand and to strengthen the balance sheet. It added that it intends to raise further funds by the end of January 2010.TyraTech dropped after it said its revenue expectations for the year to 31 December are now around $6m.Gearbox designer Torotrak is on track to hit its commercial and financial objectives for the year despite seeing a widening of interim losses.Loss before tax in the six months to the end of September expanded to £2.19m from £1,96m a year earlier, despite revenue growing from £0.93m to £1.41m. The company is expecting strong revenue growth in the second half of its financial year and said its is 'seeing a generally improving climate for our technology as the implications of future emissions legislation strengthen the business case for "environmentally friendly" technologies such as ours.'
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3 Jun 2024 14:27

UK shareholder meetings calendar - next 7 days

Tuesday 4 June 
Chapel Down Group PLCAGM
Deltic Energy PLCAGM
Eleco PLCAGM
International Public Partnerships LtdAGM
Thungela Resources LtdAGM
Wednesday 5 June 
Albion Technology & General VCT PLCAGM
Capital LtdAGM
Centrica PLCAGM
Churchill China PLCAGM
DigitalBox PLCAGM
Distribution Finance Capital Holdings PLCAGM
Gem Diamonds LtdAGM
Great Western Mining Corp PLCAGM
Gulf Marine Services PLCAGM
LungLife AI IncAGM
Nostrum Oil & Gas PLCAGM
Thursday 6 June 
Argo Blockchain PLCAGM
Camellia PLCAGM
Downing Renewables & Infrastructure Trust PLCAGM
EJF Investments LtdAGM
Fevertree Drinks PLCAGM
Inspecs Group PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
Kavango Resources PLCAGM
Kore Potash PLCAGM
Kosmos Energy LtdAGM
Rogue Baron PLCAGM
S&U PLCAGM
S4 Capital PLCAGM
Tan Delta Systems PLCAGM
Friday 7 June 
Property Franchise Group PLCAGM
Trident Royalties PLCAGM
TruSpine Technologies PLCAGM
Monday 10 June 
Aterian PLCAGM
Griffin Mining LtdAGM
Lok'n Store Group PLCGM re takeover by Shurgard
Onward Opportunities LtdAGM
Oxford Nanopore Technologies PLCAGM
Pan African Resources PLCGM re capital reduction
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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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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