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Pin to quick picksGriffin Mining Regulatory News (GFM)

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First Quarter Production

13 Apr 2021 07:00

RNS Number : 2066V
Griffin Mining Ld
13 April 2021
 

GRIFFIN MINING LIMITED

 

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

 

First Quarter Production

13th April 2021

 

Griffin Mining Limited ("Griffin" or the "Company") is pleased to announce production results for the three months to 31st March 2021.

 

3 months to 31st March 2021

3 months to 31st March 2020

Ore mined

Tonnes

185,520

114,206

Ore processed

Tonnes

200,209

122,523

Zinc in concentrate Produced

Tonnes

8,231

5,017

Gold in concentrate produced

Ozs

3,504

1,181

Silver in concentrate produced

Ozs

63,607

41,669

Lead in concentrate produced

Tonnes

234

176

Average zinc price received per tonne

USD

2,161

1,211

Average gold price received per oz

USD

1,645

1,508

Average silver price received per oz

USD

20.0

12.9

Average lead price received per tonne

USD

1,591

1,026

 

Overview

As in previous years, production in the first quarter of the year was impacted by the Chinese New Year holidays when mining was suspended and processing scaled back as personnel leave during the holiday period allowing maintenance work to be undertaken. Production in the first quarter of 2020 had been impacted by the suspension of operations at Caijiaying imposed by the Chinese authorities for a month in late January / February and subsequent travel restrictions to contain the Covid 19 pandemic. However, tonnes processed in the first quarter of 2021 were up 12.1% on that achieved in the first quarter of 2019 of 178,615 tonnes and zinc metal in concentrate produced was up 12.8% on that achieved in the first quarter of 2019 of 7,303 tonnes.

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 giffinmining.com.

 

Further information:

 

Griffin Mining Limited

Telephone: +44 (0)20 7629 7772

Mladen Ninkov - Chairman

Roger Goodwin - Finance Director

 

Panmure Gordon (UK) Limited

Telephone: +44 (0)20 7886 2500

John Prior

Joanna Langley

 

Berenberg

Telephone: +44 (0)20 3207 7800

Matthew Armitt

Jennifer Wyllie

Deltir Elezi

 

Blythewigh

Telephone: +44(0)20 7138 3205

Tim Blythe

 

Swiss Resource Capital AG

Telephone: +41(0)71 354 8501

Jochen Staiger

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

 

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END
 
 
TSTUUUNRASUSAAR
Date   Source Headline
4th Dec 20067:01 amRNSCaijiaying Update
21st Sep 20067:01 amRNSProduction Upgrade
31st Aug 20067:01 amRNSInterim Results
21st Jul 20062:54 pmRNSExercise of Options
22nd Jun 20067:30 amRNSShare Buy Back
16th Jun 20062:11 pmRNSExercise of Options
16th Jun 200612:08 pmRNSResults of AGM
16th May 20067:00 amRNSPreliminary Results
16th Mar 20068:16 amRNSNew Issue of Options
8th Mar 20067:02 amRNSDrilling Report
27th Feb 20067:00 amRNSProduction Increases
8th Feb 20068:36 amRNSDrilling Report
23rd Dec 200510:10 amRNSIssue of Equity
27th Sep 20057:00 amRNSGold Drill Results & Progress
5th Sep 20057:01 amRNSInterim Results
2nd Aug 20057:00 amRNSExercise of Warrants
27th Jul 20057:00 amRNS1ST SALE OF ZINC CONCENTRATE
21st Jul 20059:44 amRNSApp of Nom. Adviser or Broker
8th Jul 20058:50 amRNSAdditional Listing
20th Jun 20057:00 amRNSPRODUCTION AT CAIJIAYING
10th Jun 200512:22 pmRNSAGM Statement
10th Jun 200510:38 amRNSProgress at Caijiaying
31st May 20057:00 amRNSFurther re (Caijiaying)
9th May 20057:00 amRNSFinal Results
26th Apr 20057:00 amRNSCAIJIAYING DRY COMMISSIONING
25th Apr 20057:00 amRNSMining Licence
5th Apr 20057:00 amRNSCAIJIAYING DRY COMMISSIONING
31st Jan 20054:42 pmRNSAdditional Listing
17th Jan 20057:00 amRNSDrilling Report

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