London midday: Oil fuelled advance
27th Oct 2009 12:14
Better than expected results from BP have given the market a lift but banking shares have declined to join the party. Index heavyweight BP kicked off the oil majors results season with third quarter figures that showed a smaller than feared drop in profits. Profit attributable to shareholders came
Read moreGriffin mine returns to profitability
27th Oct 2009 08:44
Chinese mine operator Griffin Mining said its Caijiaying zinc-gold mine returned to profitability in the third quarter. The mine processed 114,233 tonnes of ore to produce 6,783 tonnes of zinc, 1,351 ounces of gold, 38,019 ounces of silver and 218 tonnes of lead. Production at the mine was suspend
Read moreGriffin Mining moves into the red
1st Sep 2009 08:36
Griffin Mining posted a pre-tax loss for the six months ended 30 June 2009 after mining operations at the Caijiaying zinc-gold mine in China were suspended. The group reported a pre-tax loss of US$1,354,000 compared to a profit of $13,047,000 the same time a year earlier. Operations at Caijiaying
Read more