Griffin expecting 'bleak' first quarter as mine closes for Winter Olympics
31st Dec 2021 11:26
(Sharecast News) - Griffin Mining announced on Friday that mining and milling operations ceased on the night shift last night and, as was customary practice for the Caijiaying Mine, would remain closed during the Chinese New Year holiday period.
Read moreGriffin Mining sees growth in ore mined and processed
12th Oct 2021 09:44
(Sharecast News) - Mine operator Griffin Mining said on Tuesday that ore mined and processed had now reached roughly 100,000 tonnes per month.
Read moreBerenberg ups rating on BHP, downgrades Gem Diamonds
8th Jul 2021 07:34
(Sharecast News) - Berenberg has upgraded BHP to 'buy' and downgraded Gem Diamonds, following a review of its stance on precious metals miners.
Read moreGriffin Mining shares down on coronavirus closure at mine
5th Feb 2020 13:39
(Sharecast News) - Griffin Mining updated the market on its operations at the Caijiaying Mine in China on Wednesday, as it remained affected by the ongoing outbreak of novel coronavirus in the country.
Read moreGriffin Mining reassures shareholders as coronavirus affects operations
29th Jan 2020 14:05
(Sharecast News) - Griffin Mining updated the market on operations at its Caijiaying Mine on Wednesday, in light of restrictions imposed by various levels of government in China amid the ongoing outbreak of Wuhan coronavirus.
Read moreGriffin Mining nearly doubles resource estimate for Zone III at Caijiaying mine
3rd Apr 2019 16:46
(Sharecast News) - Shares of Griffin Mining shot higher after outfit reported a near doubling in the estimated mineral resource at the Zone III part of its Caijiaying zinc mine in the People's Republic of China.
Read moreGriffin Mining anxious over H2 commodity prices after profits fall
7th Aug 2018 11:08
(Sharecast News) - Griffin Mining on Tuesday reported a drop in first half pretax profit and said the rest of the year will prove "challenging" if commodity prices fail to improve.
Read moreGriffin Mining suspends operations at Chinese mine as it investigates employee's death
19th Oct 2015 12:14
(ShareCast News) - Griffin Mining has suspended operations at its Caijiaying mine in China while it investigates the death of an employee. The London-listed company said operations were voluntarily suspended, adding the Chinese safety authorities will carry on a separate external examination alongsi
Read moreGriffin Mining shares slump as it reports drop in first-half profit
4th Aug 2015 11:16
(ShareCast News) - Shares in Griffin Mining fell after it posted a drop in first-half pre-tax profit despite rising revenue, as interest payable on Chinese loans and foreign exchange losses dented its results. Pre-tax profit for the six months ended 30 June was $3.7m, down from $5.8m in the same per
Read moreGriffin Mining shares drop as China mine temporarily suspended
16th Jun 2015 12:55
Shares in Griffin Mining fell 4% on Tuesday after the company said operations at the Caijiaying mine in China have been temporarily suspended following the death of an employee. The decision was taken pending an investigation by both the company and the Chinese authorities into the circumstances cau
Read moreGriffin Mining director shows hope in the group buying more shares
9th Feb 2015 15:47
A non-executive director in Griffin Mining increased his stake, showing confidence in the group a week after it said its full-year results will be disappointing. Trellus Management Company, an equity hedge fund where Adam Usdan has an interest, purchased 250,000 shares at an individual price of 26.5
Read moreTuesday broker round-up
18th Nov 2014 09:42
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
Read moreNew Asos COO picks up £0.5m of shares after results bounce
21st Oct 2014 11:57
Asos'schief operating officer, Nick Beighton, who has been promoted or perhaps demoted from finance director after three profit warnings in the last seven months, increased his skin in the game with a significant share purchase on Wednesday morning after the company unveiled final results. Beighton
Read moreGriffin Mining non-exec adds 350,000 shares
18th Sep 2014 16:29
A non-executive of Griffin Mining has added to his already large stake in the company with an additional 350,000 shares. Adam Usdan, who joined the company earlier in the year and is also a founding shareholder of the company, now holds 29.14m shares in the group, equal to a 16.3% interest. The pur
Read moreTuesday broker round-up
19th Aug 2014 09:19
Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation. Anglo Pacific: FinnCap lowers target price from 184p to 180p retaining a hold recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1057p to 1063p and keeps a buy recommendation. Libe
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