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Spread: 9.00 (2.813%)
Market Cap: £565.09m
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Production Update

12 Jul 2010 10:30

RNS Number : 1854P
Griffin Mining Ld
12 July 2010
 



Griffin Mining Limited 

 

60 St James's Street, London SW1A 1LE, United Kingdom

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

E mail: griffin@griffinmining.com

 

RECORD PRODUCTION

 

12 July 2010

 

 

Griffin Mining Limited ("Griffin" or "the Company") is pleased to report that in the first half of 2010 record zinc, gold and silver production had been achieved. 260,317 tonnes of ore had been processed at Griffin's Caijiaying zinc gold mine in Northern China in the six months to 30th June 2010, compared with 81,281 tonnes of ore in the first six months of 2009 (when operations were suspended), to produce 15,101 tonnes of zinc metal in concentrate (2009 3,243 tonnes), 4,570 ounces gold (2009 617 ounces), 105,475 ounces silver (2009 20,003 ounces) and 441 tonnes of lead (2009 144 tonnes).

 

Mladen Ninkov Chairman commented that Caijiaying continued to perform at or above expectations and, with the production upgrade to be completed in early August, production and financial results are expected to improve even further.

 

 

Further information

 

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

Roger Goodwin - Finance Director

Griffin Mining Limited

 

Stephen Cooper Telephone: +44(0)20 7597 5104

Investec Investment Banking

 

 

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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