Griffin Mining restarts operations at Caijiaying Mine
Griffin Mining Ltd.
83.00p
11:24 01/06/23
-3.82%
-3.30p
Griffin Mining announced the restart of operations at the Caijiaying Mine on Friday.
FTSE AIM All-Share
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12:39 01/06/23
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The AIM-traded firm said the haulage and processing of ore started on 1 November, with the delivery of explosives expected on 6 November.
As a result, the resumption of full production was now due to take place on 7 November.
“Griffin Mining 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,” the company explained in its statement.
At 1245 GMT, shares in Griffin Mining were down 1.57% at 76.28p.
Reporting by Josh White for Sharecast.com.