24th Oct 2022 13:35
Griffin Mining Ltd - mine operator focused on China - In the three months to September 30, mines 267,304 tonnes of ore, which is a 13% decrease year-on-year from 306,966 tonnes, and a 21% decrease from the three months to June 30, 2022. Processes 309,465 tonnes of ore during the quarter, which is a 6.1% increase year-on-year, and a 6.0% decrease from the previous quarter. The period was hit by the enforced suspension of operations at the Caijiaying Mine from September 23, for the Plenary Session of the Communist Party Central Committee and the Chinese Communist Party's 20th Party Congress. On an equivalent annualised basis, mining and processing were maintained at over 1.3 million tonnes of ore per annum until the suspension. Chinese authorities have advised it may resume operations at Caijiaying from Wednesday, it says. Read More
