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330.00    6.50 (2.01%)
Bid:
316.00
Ask:
324.00
Spread: 8.00 (2.532%)
Market Cap: £582.75m
GFM Live PriceLast checked at - London Stock Exchange

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Trading Update

20 Jul 2017 13:00

RNS Number : 6555L
Griffin Mining Ld
20 July 2017
 

 

 

Griffin Mining Limited

8th Floor, 54 Jermyn Street, London, SW1Y 6LX. United Kingdom

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

E mail: griffin@griffinmining.com

 

Trading Update

 

 

20th July 2017

Griffin Mining Ltd (the "Company" or "Griffin"), as expected, will announce its six monthly interim results to the 30th June 2017 in early August 2017.

Whilst the first six months of 2017 saw throughput and production levels broadly in line with market forecasts, however, as a result of increased commodity prices and in particular zinc with prices received by Griffin up 90% on that achieved in the same period in 2016, the financial results for the first six months will be above expectations. If this positive commodity price environment were to continue in the second half of the financial and calendar year, annual financial results are likely to be above current market expectations. 

 

 

 

 

 

 

 

 

 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

Dominic Morley

 

 

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

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No.596/2014.

 

 

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