Griffin Mining Limited DISRUPTED LAST QUARTER & FULL YEAR PRODUCTION 2024
31 1월 2025 - 4:00PM
RNS Regulatory News
RNS Number : 3245V
Griffin Mining Limited
31 January 2025
8th Floor, Royal Trust House, 54-56 Jermyn
Street, London. SW1Y 6LX, United Kingdom
Telephone: + 44 (0)20 7629
7772 Facsimile: + 44 (0)20 7629 7773
E mail:
griffin@griffinmining.com
Disrupted Fourth Quarter
& Full Year Production 2024
31st January
2025
Griffin Mining Limited ("Griffin" or
the "Company") announces the production
results from the Caijiaying Zinc Gold Mine for the disrupted three
months and year ended 31st December 2024.
|
|
3 months
to 31 December 2024
|
3 months
to 30 September 2024
|
3 months
to 30 June 2024
|
3 months
to 31 March 2024
|
Ore mined
|
Tonnes
|
43,918
|
337,547
|
429,448
|
335,234
|
Ore processed
|
Tonnes
|
36,310
|
396,778
|
408,481
|
327,529
|
Zinc in concentrate
produced
|
Tonnes
|
1,399
|
11,843
|
14,779
|
11,423
|
Gold in concentrate
produced
|
Ozs
|
731
|
4,105
|
6,037
|
5,270
|
Silver in concentrate
produced
|
Ozs
|
15,640
|
95,276
|
92,755
|
72,026
|
Lead in concentrate
produced
|
Tonnes
|
97
|
468
|
454
|
277
|
Average zinc price received per
tonne
|
USD
|
2,663
|
2,584
|
2,525
|
2,091
|
Average gold price received per
oz
|
USD
|
2,519
|
2,343
|
2,293
|
2,026
|
Average silver price received per
oz
|
USD
|
26.8
|
25.7
|
25.7
|
20.1
|
Average lead price received per
tonne
|
USD
|
2,554
|
2,499
|
2,924
|
2,868
|
|
|
Year
to
31
December 2024
|
Year
to
31
December 2023
|
Ore mined
|
Tonnes
|
1,146,146
|
1,505,642
|
Ore processed
|
Tonnes
|
1,169,098
|
1,513,977
|
Zinc in concentrate
produced
|
Tonnes
|
39,444
|
56,933
|
Gold in concentrate
produced
|
Ozs
|
16,142
|
17,052
|
Silver in concentrate
produced
|
Ozs
|
275,697
|
314,667
|
Lead in concentrate
produced
|
Tonnes
|
1,295
|
1,546
|
Average zinc price received per
tonne
|
USD
|
2,414
|
1,931
|
Average gold price received per
oz
|
USD
|
2,228
|
1,952
|
Average silver price received per
oz
|
USD
|
24.3
|
20.1
|
Average lead price received per
tonne
|
USD
|
2,709
|
2,536
|
Overview
As published in previous market
guidance information, the Company was on course over the first 9
months of 2024 to mine and process 1.5 million tonnes at the
Caijiaying Mine in 2024. The unfortunate suspension in operations
on the 11th October 2024 following the fatality of a
mine contractor's employee halted all operations at the Caijiaying
Mine until the 1st January 2025 and severely impacted
operational results in the last quarter of 2024. All mine and
milling operations have returned to normal in 2025.
About Griffin Mining
Limited
Griffin Mining Limited's shares are
quoted on the Alternative Investment Market (AIM) of the London
Stock Exchange (symbol GFM). Griffin Mining
Limited 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. For more
information, please visit the Company's website
griffinmining.com.
Further information
Griffin Mining Limited
Mladen Ninkov -
Chairman
Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance
Director
Panmure Liberum
Limited
Telephone: +44 (0)20 7886 2500
James Sinclair-Ford
Douglas McLeod
Berenberg
Telephone: +44(0)20 3207 7800
Matthew
Armitt
Jennifer Lee
Deltir Elezi
This announcement contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) No. 596/2014
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