First Quarter Production 19th April 2022
Griffin Mining Limited ("Griffin" or the "Company" - https://www.commodity-tv.com/ondemand/companies/profil/griffin-mining-ltd/ ) hereby announces the production results for the three months to 31st March 2022.
3 months to 31st March 2022
3 months to 31st March 2021
Zinc in concentrate produced
Gold in concentrate produced
Silver in concentrate produced
Lead in concentrate produced
Average zinc price received per tonne
Average gold price received per oz
Average silver price received per oz
Average lead price received per tonne
As announced on the 18th March 2022, following the enforced suspension of all operations at the Caijiaying Mine for the Chinese Lunar New Year holiday celebrations, the Winter Olympics and the subsequent Winter Paralympics, mining recommenced on the 23rd March and processing on the 25th March 2022.
Since the recommencement of operations, mining and processing rates have steadily increased. Despite Covid-19 restrictions remaining in force throughout China, operational supplies and services continue to be delivered to the Caijiaying Mine. Since the end of the first quarter of 2022, 4,000 tonnes of zinc concentrate have already been sold.
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.
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
Berenberg Telephone: +44(0)20 3207 7800
Tim Blythe Telephone: +44(0)20 7138 3205
Swiss Resource Capital AG
Jochen Staiger [email protected]
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014