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Market Cap: £554.50m
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3rd Quarter Results

12 Oct 2023 07:00

RNS Number : 8320P
Griffin Mining Limited
12 October 2023

8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com

Third Quarter Production Results

12th October 2023

Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce production results for the three months to the 30th September 2023.

3 months to 30th September 2023

3 months to 30th June 2023

3 months to 30th September 2022

Ore mined

Tonnes

363,406

366,762

267,304

Ore processed

Tonnes

367,024

372,804

309,465

Zinc in concentrate Produced

Tonnes

12,839

14,130

11,591

Gold in concentrate produced

Ozs

3,950

3,237

3,080

Silver in concentrate produced

Ozs

69,707

82,829

85,612

Lead in concentrate produced

Tonnes

284

468

373

Average zinc price received per tonne

USD

1,782

1,862

2,292

Average gold price received per oz

USD

1,900

1,851

1,661

Average silver price received per oz

USD

19.3

19.3

15.7

Average lead price received per tonne

USD

2,514

2,251

2,097

Overview

Production has been maintained at the Caijiaying Mine at an annualised equivalent rate of circa 1.5 million tonnes of ore mined and processed, all of which has been extracted from Zone III.

Zone II development work is ongoing including a new third portal, development of the decline and extension of the new South Ventilation Shaft.

Chairman Mladen Ninkov commented, "Another solid quarter of production with thanks to all the Company's officers, employees and contractors."

About Griffin Mining Limited

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates through its 88.8% owned Joint Venture in China the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company's website griffinmining.com.

Further information

Griffin Mining Limited

Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772

Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500

John Prior

Dougie McLeod

Berenberg Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Lee

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

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Date   Source Headline
15th Dec 20237:00 amRNSCONFINEMENT OF JOINT VENTURE DIRECTOR
5th Dec 20237:00 amRNSTransaction in Own Shares
30th Nov 20237:00 amRNSTransaction in Own Shares
29th Nov 202312:05 pmRNSRECEIPT OF FURTHER DIVIDENDS FROM CHINA
21st Nov 20237:00 amRNSTransaction in Own Shares
20th Nov 20238:22 amRNSTransaction in Own Shares
16th Nov 20237:00 amRNSTransaction in Own Shares
14th Nov 20238:51 amRNSTransaction in Own Shares
8th Nov 20237:00 amRNSTransaction in Own Shares
31st Oct 20237:00 amRNSTransaction in Own Shares
26th Oct 20237:00 amRNSTransaction in Own Shares
23rd Oct 20239:57 amRNSTransaction in Own Shares
12th Oct 20237:00 amRNS3rd Quarter Results
11th Oct 20237:00 amRNSTransaction in Own Shares
10th Oct 20237:00 amRNSCommissioning of Solar Farm at the Caijiaying Mine
6th Oct 20237:00 amRNSTransaction in Own Shares
5th Oct 20237:00 amRNSTransaction in Own Shares
28th Sep 20237:00 amRNSTransaction in Own Shares
27th Sep 20237:00 amRNSTransaction in Own Shares
22nd Sep 20239:59 amRNSUPDATE TO SHARE BUY-BACK PROGRAMME
20th Sep 20237:00 amRNSTransaction in Own Shares
12th Sep 20237:00 amRNSUNAUDITED INTERIM RESULTS
20th Jul 202310:22 amRNSTransaction in Shares 20 JULY 2023
13th Jul 20237:00 amRNSTrading Statement 13th July
10th Jul 20237:00 amRNSResult of AGM
22nd Jun 20232:00 pmRNSNotice of AGM
9th May 20237:00 amRNS2022 Final Results
17th Apr 20237:00 amRNSFIRST QUARTER PRODUCTION
30th Mar 202310:25 amRNSREPLACEMENT ISSUE OF SHARES
29th Mar 202312:40 pmRNSISSUE OF SHARES
6th Mar 20237:00 amRNSAPPROVAL OF CAIJIAYING ZONE II MINE PLAN
31st Jan 20237:00 amRNSCAPITAL SHARE STRUCTURE RATIONALIZATION
13th Jan 20237:00 amRNSFOURTH QUARTER & FULL YEAR PRODUCTION NUMBERS 2022
30th Dec 20227:00 amRNSCAPITAL SHARE STRUCTURE RATIONALIZATION PROGRAM
18th Nov 20227:00 amRNS4TH QUARTER OPERATIONAL GUIDANCE
4th Nov 20227:00 amRNSRECOMMENCEMENT OF OPERATIONS
24th Oct 20227:00 amRNSRecommencement of Caijiaying Mine Operations
20th Sep 20227:00 amRNSCESSATION OF EXPLOSIVES PRODUCTION & DELIVERY
24th Aug 202212:09 pmRNSRECEIPT OF DIVIDENDS FROM CHINA
16th Aug 20227:00 amRNSUnaudited Interim Results
15th Jul 20223:29 pmRNSRESULTS OF ANNUAL GENERAL MEETING
7th Jul 20228:36 amRNSREPLACEMENT RECORD SECOND QUARTER PRODUCTION
7th Jul 20227:00 amRNSRECORD SECOND QUARTER PRODUCTION
17th Jun 20227:00 amRNSANNUAL GENERAL MEETING
13th May 20227:00 amRNS2021 FINAL RESULTS
5th May 20224:10 pmRNSANNUAL GENERAL MEETING
19th Apr 20227:00 amRNSFirst Quarter Production
11th Apr 20227:00 amRNSAnnual General Meeting
1st Apr 20221:36 pmRNSAGM & PROPOSED CHANGE OF DIRECTORS
18th Mar 20227:00 amRNSSTART OF CAIJIAYING MINE OPERATIONS

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