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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
16th Jan 20147:00 amRNSTransaction in Own Shares
15th Jan 20147:00 amRNSTransaction in Own Shares
2nd Jan 20147:00 amRNSDirectorate Change
30th Dec 20133:07 pmRNSTransaction in Own Shares
21st Nov 20137:00 amRNSTransaction in Own Shares
4th Nov 20131:24 pmRNSDirector/PDMR Shareholding
16th Oct 20137:00 amRNSTransaction in Own Shares
2nd Oct 20137:00 amRNSResource upgrade
26th Sep 20137:00 amRNSTransaction in Own Shares
18th Sep 20137:00 amRNSTransaction in Own Shares
17th Sep 20137:00 amRNSTransaction in Own Shares
13th Sep 20137:00 amRNSTransaction in Own Shares
12th Sep 20137:00 amRNSDirectorate Change
29th Aug 20137:00 amRNSTransaction in Own Shares
16th Aug 20137:00 amRNSTransaction in Own Shares
14th Aug 20137:00 amRNSHalf Yearly Report
5th Jul 20132:52 pmRNSResult of AGM
14th Jun 20137:00 amRNSTransaction in Own Shares
24th May 20137:00 amRNSNotice of AGM
21st May 20137:00 amRNSTransaction in Own Shares
11th Apr 20137:00 amRNSPRELIMINARY RESULTS
7th Mar 20137:00 amRNSTHROUGHPUT AT CAIJIAYING / LICENCE AT ZONE II
3rd Dec 20127:00 amRNSTransaction in Own Shares
4th Sep 20127:00 amRNSHalf Yearly Report
30th Jul 201211:51 amRNSResult of AGM
30th Jul 20127:00 amRNSCompletion of Agreements
26th Jun 20127:00 amRNSNotice of AGM and Annual Financial Report
31st May 20128:00 amRNSDirector/PDMR Shareholding
28th May 20127:00 amRNSFinal Results
24th May 20127:00 amRNSDrilling Report
22nd May 20127:00 amRNSNew JORC Report for Caijiaying Mine
10th May 20127:00 amRNSIncrease in Interest in Caijiaying Mine
1st May 20128:41 amRNSNotice of Results
4th Apr 201211:14 amRNSHolding(s) in Company
8th Nov 20117:00 amRNSCHINA MINING AWARD
6th Sep 20117:00 amRNSInterim Results
8th Jun 20111:33 pmRNSResult of AGM
19th May 20117:00 amRNSTransaction in Own Shares
16th May 20117:00 amRNSTransaction in Own Shares
13th May 20118:21 amRNSNotice of AGM
13th May 20117:00 amRNSTransaction in Own Shares
12th May 20117:00 amRNSTransaction in Own Shares
11th May 20117:00 amRNSTransaction in Own Shares
10th May 20117:00 amRNSNotice of AGM
10th May 20117:00 amRNSTransaction in Own Shares
4th May 20117:00 amRNSFinal Results
3rd May 20117:00 amRNSTransaction in Own Shares
26th Apr 20118:05 amRNSTransaction in Own Shares
20th Apr 20118:24 amRNSTransaction in Own Shares
15th Apr 20117:44 amRNSTransaction in Own Shares

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