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Pin to quick picksGriffin Mining Regulatory News (GFM)

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Market Cap: £545.67m
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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
19th Jan 202110:29 amRNSHolding(s) in Company
19th Jan 20217:00 amRNSCaijiaying Green Mine Accreditation
14th Jan 20217:00 amRNSFourth Quarter and Full Year 2020 Production
12th Jan 20211:41 pmRNSExcercise of Options
6th Jan 202110:37 amRNSPDMR Shareholding
4th Jan 20214:41 pmRNSSecond Price Monitoring Extn
4th Jan 20214:36 pmRNSPrice Monitoring Extension
4th Jan 20212:06 pmRNSSecond Price Monitoring Extn
4th Jan 20212:01 pmRNSPrice Monitoring Extension
4th Jan 202111:05 amRNSSecond Price Monitoring Extn
4th Jan 202111:00 amRNSPrice Monitoring Extension
4th Jan 20219:05 amRNSSecond Price Monitoring Extn
4th Jan 20219:00 amRNSPrice Monitoring Extension
4th Jan 20217:00 amRNSIssue of New Mining Licence
29th Dec 20207:00 amRNSGranting of Zone III PFA
17th Dec 20205:10 pmRNSAnnual General Meeting
9th Dec 20204:07 pmRNSExercise of Options
8th Dec 20203:32 pmRNSExercise of Options
7th Dec 20203:59 pmRNSPDMR Shareholding
2nd Dec 20207:00 amRNSAGM 2nd December 2020
23rd Oct 20207:00 amRNSTrading Statement
12th Oct 20203:21 pmRNSTR-1: Notification of Major Shareholdings
11th Sep 20205:17 pmRNSAppointment of Nominated Adviser and Broker
23rd Jul 20207:00 amRNSHalf-year Report
17th Jun 20207:00 amRNSFinal Results
8th Jun 20203:39 pmRNS2019 Results
24th Mar 20207:00 amRNSDirector/PDMR Shareholding
23rd Mar 20207:00 amRNSDirector/PDMR Shareholding
20th Mar 20207:00 amRNSDirector/PDMR Shareholding
19th Mar 20202:06 pmRNSSecond Price Monitoring Extn
19th Mar 20202:00 pmRNSPrice Monitoring Extension
18th Mar 202011:05 amRNSSecond Price Monitoring Extn
18th Mar 202011:00 amRNSPrice Monitoring Extension
13th Mar 20209:52 amRNSOperational Update
24th Feb 20207:00 amRNSOperational Update
12th Feb 20205:50 pmRNSOperational Update
5th Feb 20207:00 amRNSOperational Update
29th Jan 20207:55 amRNSOperational Update
20th Jan 20201:36 pmRNSHolding(s) in Company
13th Jan 20207:00 amRNSDirector/PDMR Shareholding
8th Jan 20202:56 pmRNSDirector/PDMR Shareholding
19th Dec 20197:00 amRNSEXERCISE OF OPTIONS
6th Nov 20197:00 amRNSAppointment of Nominated Adviser & Broker
30th Oct 20191:16 pmRNSMining licence update
20th Sep 201912:47 pmRNSMining licence update
16th Sep 20197:00 amRNSHalf-year Report
8th Aug 20197:00 amRNSStatement re Mining Licence Application Accepted
31st Jul 20193:27 pmRNSAnnual General Meeting
26th Jul 20198:31 amRNSHolding(s) in Company
20th Jun 20193:51 pmRNSTrading Update

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