(Alliance News) - Griffin Mining Ltd on Thursday hailed an "outstanding" financial performance, after seeing both revenue and profit jump in the first half. Read More
Griffin Mining Ltd - mining and investment company focused on China - Mines 429,448 tonnes of ore in the three months to June 30, up 17% from 366,762t a year prior. Processes 408,481t of ore, up 9.6% on-year from 372,804t. Griffin Mining produces 6,037 ounces of gold in concentrate in the three months, surging 86% from 3,237 oz a year prior. Silver in concentrate output jumps 12% to 92,755 oz from 82,829 oz. The company receives USD2,293 on average for gold per ounce, up 25% on-year from USD1,841. Further, it receives USD25.7 for silver per ounce, 36% higher from USD18.9. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Griffin Mining Ltd on Wednesday said its operating subsidiary Hebei Hua Ao Mining Industry Co Ltd has entered into a deal with Zhangjiakou Guoao New Energy Co Ltd for the Caijaying mine to be 100% powered by green, renewable energy. Read More
(Alliance News) - Griffin Mining Ltd on Friday commenced a share buyback programme, spurned by what the company deemed an undervaluation of its share price. Read More
(Alliance News) - Griffin Mining Ltd on Tuesday reported a drop in quarterly production, following disruption to operations from the Chinese Lunar New Year and Spring Festival holidays. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Reports production figures for 2023. Ore mined up 77% to 1.5 million tonnes from 852,579 tonnes the year before, while ore processed jumps 82% to 1.5 million tonnes in 2023 from 831,549 in 2022. Zinc production rises 79% to 56,933 tonnes from 31,787, gold production jumps 68% to 17,052 ounces from 10,137 ounces, silver production climbs 40% to 314,667 ounces from 224,587 ounces and lead production advances 65% to 1,546 tonnes from 940 tonnes. Chair Mladen Ninkov describes figures as "spectacular". "From a company that has only ever raised net capital of under USD30 million and no debt in its 26-year history to now have a world class, modern, underground mine, producing over 1.5 million tonnes of ore per year is an extraordinary." Read More
(Clarifies that Griffin Mining bought back shares.) Read More
Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Enters into trades through its joint broker Joh. Berenberg, Gossler & Co KG to issue 8.9 million of its own shares, about 4.6%, at a price of 88 pence per share for GBP7.8 million. Griffin Mining Finance Director Roger Goodwin sells 1.4 million shares at 88p each as part of the transaction. After the sale, Goodwin holds a 0.8% stake of issued shares in the company, or 1.5 million shares. Read More
Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Says Director Shengchang Jin of subsidiary Hebei Hua Ao Mining Industry Co Ltd has been placed under hotel detention by Chinese authorities. Says he is being investigated in relation to his role as chief executive officer of Zhangjiakou Yuanrun Enterprise Management Consulting Service Co Ltd. Says investigations only relate to Jin and do not affect any HHA operations. Read More
Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Says in the three months to September 30, mines 363,406 tonnes of ore, down slightly from 366,762 tonnes in the previous quarter, but up from 267,304 tonnes in the corresponding quarter a year ago. Average gold price received per ounce in the third quarter of 2023 is USD1,900, up from USD1,851 in the second quarter and USD1,661 the year before. Average silver price per ounce remained unchanged from the quarter prior at USD19.3, but is up from USD15.7 in the third quarter of 2022. Adds that production at Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Commissions a 6-megawatt solar energy facility at the Caijiaying mine in the Hebei province, China, alongside its partner Zhang Jia Kou GuoAO. Says facility contains 25,753 square metres of solar panel surface area and is expected to supply up to 30% of Caijiaying's total electrical energy consumption. Read More
Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Says in the six months to June 30, pretax profit jumped by 78% to USD9.6 million from USD5.4 million a year prior, as revenue multiplied to USD69.5 million from USD34.7 million the year before. Zinc operation generated USD55.4 million in revenue. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More