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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: 157.00
Bid: 154.00
Ask: 157.00
Change: 0.00 (0.00%)
Spread: 3.00 (1.948%)
Open: 155.00
High: 157.00
Low: 154.00
Prev. Close: 157.00
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UK SMALLCAP ROUNDUP: Beowulf's Kallak Ore Deeper Than Thought

Mon, 12th Jul 2010 12:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BEOWULF MINING PLC (BEM.LN), an iron ore explorer, said Monday the latest drilling results from its Kallak project in Sweden show ore is present at much deeper levels than previously thought. The company has completed roughly half of a 3,500 meter drilling program at Kallak North and said results are highly encouraging, as they show the ore body extends much deeper than expected. At 1055 GMT shares +0.51 pence, or 13%, at 4.39 pence. DOMINO'S PIZZA UK & IRL PLC (DOM.LN), a pizza delivery company, said the soccer World Cup and its sponsorship of prime-time television show Britain's Got Talent helped drive a 31% increase in first-half pretax profit, with the launch of a new lunchtime menu set to continue boosting earnings in its second half, when it faces "very tough" comparatives. At 1055 GMT shares -6 pence, or 1.4%, at 397 pence. KIER GROUP PLC (KIE.LN), a U.K. construction firm, said Monday it expects fiscal 2010 underlying pretax profit to be towards the upper end of current market expectations and ahead of last year, and remains confident for the fiscal 2011 despite expecting further cuts to public sector spending. At 1055 GMT shares +54 pence, or 5.7%, at 996 pence. GRIFFIN MINING LIMITED (GFM.LN) said it produced record levels of zinc, gold and silver during its first half. The firm said it processed 260,317 metric tons of ore at its Caijiaying zinc gold mine in Northern China in the six months to June 30, compared with 81,281 tons of ore a year earlier. The firm said its production and financial results are expected to continue improving. At 1055 GMT shares +2 pence, or 5.5%, at 43 pence. IMMUNODIAGNOSTIC SYSTEMS HOLDINGS PLC (IDH.LN), a diagnostic company, increased its dividend 21% after booming sales of its vitamin D tests meant fiscal-year profit more than doubled. The company added Chief Executive Roger Duggan will stand down in October and will be replaced by Chief Operating Officer Ian Cookson. At 1055 GMT shares +25 pence, or 3.4%, at 770 pence at 745 pence. FALKLAND OIL & GAS LTD. (FOGL.LN), an oil explorer, Monday said it plugged and abandoned the Toroa well after failing to find any oil. The well, offshore the Falkland Islands, was drilled to almost 2,500 meters but hydrocarbons weren't found, the company said. At 1055 GMT shares -97 pence, or 48%, at 105 pence. ANGEL MINING PLC (ANGM.LN), a gold, zinc and lead explorer, said it agreed a $4.5 million loan that will enable it to begin full production at its Nalunaq gold project. Angel Mining added it is in talks with a third party about a debt facility of up to $100 million. Such a facility would enable the company to resolve its default and clear its existing loans, Angel Mining said. At 1055 GMT shares -1 pence, or 11.5%, at 6 pence. WEATHERLY INTERNATIONAL PLC (WTI.LN), a copper miner, said it signed a preliminary agreement with East China Mineral Exploration and Development Bureau to jointly develop Weatherly's Berg Aukas lead and zinc project in Namibia. The company said it signed a letter of intent with East China Mineral Exploration and Development Bureau to form a new company focused on Berg Aukas and float it on London's junior Alternative Investment Market. At 1055 GMT shares flat at 3.33 pence. FIRESTONE DIAMONDS PLC (FDI.LN), a diamond miner, said it began mining operations at its BK11 mine in Botswana. The start of operations follows the granting of a mining license for the project. At 1055 GMT shares +0.44 pence, or 1.2%, at 36.69 pence. DJ UK Smaller Cos -0.02% AIM -0.14% -By Hannah Benjamin, Jason Douglas and Rachael Gormley, Dow Jones Newswires; +44 (0) 20 7842 9298; uksmallcaps@dowjones.com (END) Dow Jones Newswires July 12, 2010 07:30 ET (11:30 GMT)
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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 
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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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