News Results for Griffin Mining (GFM)

Griffin Mining swung to a first-half loss as revenue fell sharply as Covid-19 related disruptions dented production. For the six months ended 30th June 2020, the company reported a pre-tax loss...

Griffin Mining reported a sharp fall in profit as falling zinc prices and higher costs dented performance. For the year ended 31 December 2019, pre-tax profit fell to $11.7m from $34.8m on-year as...

Adam Usdan, Non Executive Director, bought 100,000 shares in the company on the 23rd March 2020 at a price of 32.25p. The Director now holds 33,412,890 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 20,000 shares in the company on the 20th March 2020 at a price of 35.00p. The Director now holds 33,312,890 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 50,000 shares in the company on the 19th March 2020 at a price of 32.50p. The Director now holds 33,292,890 shares. Story provided by...

Griffin Mining said underground mining operations at its Caijiaying zinc-gold mine had fully resumed following disruptions caused by the coronavirus. Processing operations at the mine, meanwhile,...

Griffin Mining said operations had recommenced at the Caijiaying zinc and gold mine in China. Operations had been suspended due the coronavirus outbreak since late January. At 1:56pm: (LON:GFM)...

Panmure Gordon today reaffirms its sell investment rating on Griffin Mining (LON:GFM) and cut its price target to 47p (from 96p). Story provided by StockMarketWire.com Broker Forecasts data...

Griffin Mining said a contractor had been unable to recommence activities at its Caijiaying mine in China due to travel restrictions imposed in response to the coronavirus outbreak. Mining...

Dal Brynelsen, Non Executive Director, bought 20,000 shares in the company on the 10th January 2020 at a price of 65.00p. The Director now holds 437,001 shares. Story provided by...

Dal Brynelsen, Non Executive Director, bought 20,000 shares in the company on the 7th January 2020 at a price of 65.00p. The Director now holds 417,001 shares. Story provided by...

Griffin Mining said it had experienced more delays obtaining a mining licence for its Caijiaying project in China. The Beijing Ministry of Natural Resources on Wednesday informed the company that...

Griffin Mining said an expected approval period for a mining application in China had been extended owing to a request for additional information. The company last month lodged the application...

Griffin Mining booked a 71% fall in first-half profit that it pinned on falling zinc prices and higher smelter treatment charges. Pre-tax profit for the six months through June slid to $6.3m, down...

Griffin Mining said its subsidiary Hebei HuaAo Mining Industry had been granted a mining licence by Chinese authorities for Zone II at the Caijiaying Mine following an extended application process....

Adam Usdan, Non Executive Director, bought 50,000 shares in the company on the 6th December 2018 at a price of 92.00p. The Director now holds 33,242,890 shares. NOTE: Connected party Story...

Adam Usdan, Non Executive Director, bought 50,000 shares in the company on the 27th September 2018 at a price of 86.00p. The Director now holds 33,192,890 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 60,000 shares in the company on the 20th September 2018 at a price of 87.83p. The Director now holds 33,142,890 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 50,000 shares in the company on the 17th September 2018 at a price of 97.00p. The Director now holds 33,082,890 shares. NOTE: Connected person. Holding...

Adam Usdan, Chief Executive Officer, bought 40,000 shares in the company on the 5th September 2018 at a price of 104.25p. The Director now holds 33,032,890 shares. Story provided by...

Griffin Mining posted a slight fall in first-half profit after higher revenue was offset by rising costs. Pre-tax profit for the six months through June fell to $21.3m, down from $22.0m on-year....

Adam Usdan, Non Executive Director, exercised 2,333,334 shares in the company on the 18th April 2018 at a price of 30.00p. The Director now holds 32,692,890 shares. Story provided by...

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 190p (from 166p). Story provided by StockMarketWire.com Broker Forecasts...

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 166p (from 137p). Story provided by StockMarketWire.com

Griffin Mining said its Chinese subsidiary, Hebei Hua Ao Mining Industry Co, which had incurred approximately $67m in debt over the past number of years for plant upgrades and mine development, had...

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 137p (from 104p). Story provided by StockMarketWire.com

Dal Brynelsen, Non Executive Director, bought 25,000 shares in the company on the 30th August 2017 at a price of 62.00p. The Director now holds 422,001 shares. Story provided by...

Dal Brynelsen, Non Executive Director, bought 15,000 shares in the company on the 23rd January 2017 at a price of 62.00p. The Director now holds 427,001 shares. Story provided by...

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 104p (from 95p). Story provided by StockMarketWire.com

Panmure Gordon today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 93p (from 87p). Story provided by StockMarketWire.com

Griffin Mining swung into the black in the six months to the end of June as revenues rose to $$52.3m - up from $20.8m last time. The group posted an operating profit of $23.5m against a loss of...

Story provided by StockMarketWire.com

Griffin Mining has reported that throughput and production levels for the first six months of 2017 were broadly in line with market forecasts, however, due to increased zinc prices the financial...

Griffin Mining has confirmed that all resolutions put to the shareholders at the annual general meeting on Friday were passed. At 8:43am: (LON:GFM) Griffin Mining share price was 0p at 52.5p...

Griffin Mining has confirmed that, on 9th June, it purchased a further 25,000 of its own ordinary shares at 52p each. The shares are to be held in treasury. At 1:26pm: (LON:GFM) Griffin Mining...

Griffin Mining will hold its annual general meeting at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, on 23 June at 11.00 a.m. (local time). At 9:26am: (LON:GFM) Griffin Mining...

Panmure Gordon today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and set its price target at 87p. Story provided by StockMarketWire.com

Griffin Mining swung into the black in the year to the end of December posting a pre-tax profit of $10,382,000 against a loss $940,000 last time. Revenues rose to $66,270,000 - up from...

Story provided by StockMarketWire.com

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 95p (from 56p). Story provided by StockMarketWire.com

Adam Usdan, Non Executive Director, bought 50,000 shares in the company on the 27th January 2017 at a price of 51.90p. The Director now holds 30,634,556 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 10,000 shares in the company on the 23rd November 2016 at a price of 49.25p. The Director now holds 30,584,556 shares. NOTE: Connected company. Story...

Stratex International's (LON:STI) shares fell after first half pre-tax losses rose to £1.98m, from a year-earlier loss of £1.39m. Revenue was nil. "Looking back at the first half of 2016 it would...

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and raised its price target to 56p (from 34p). Story provided by StockMarketWire.com

Griffin Mining posts pre-tax losses of $4.1m for the six months to the end of June compared with a profit of $3.7m a year ago. Revenues fell to $20.8 million from $35.2 million and the group...

Story provided by StockMarketWire.com

Minco (LON:MIO) was the sector's biggest faller after it recorded a Q1 loss of USD426,000, from a profit of USD482,000 a year earlier. The loss included a forex loss of USD159,000, from a forex...

Griffin Mining will hold its annual general meeting at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, on 14 July at 11 a.m. (local time). At 1:02pm: (LON:GFM) Griffin Mining share...

Griffin Mining has appointed Michael Hulmes as general manager of the Caijiaying mine. He has more than 30 years' experience in the mining industry having held senior management roles in...

Weatherly International's (LON:WTI) shares jumped after it reported quarterly production of 4,442 tonnes of copper cathode at its Tschudi copper asset in Namibia - 4% above its nameplate rate of...

Griffin Mining posts a pre-tax loss of $940,000 for the year to the end of December against a profit of $1,021,000 in 2014. With increased throughput and production, more metal in concentrate was...

Panmure Gordon today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and set its price target at 30p. Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

Cantor Fitzgerald today reaffirms its buy investment rating on Griffin Mining (LON:GFM) and cut its price target to 34p (from 80p). Story provided by StockMarketWire.com

Dal Brynelsen, Director, bought 30,000 shares in the company on the 12th February 2016 at a price of 25.00p. The Director now holds 230,001 shares. Story provided by StockMarketWire.com Director...

Condor Gold's (LON:CNR) shares jumped after it revealed new figures which significantly enhance the economics of its La India project in Nicaragua. The company says figures in Whittle Consulting's...

Griffin Mining has confirmed that approval to resume blasting has been given by all appropriate Chinese authorities and operations have fully recommenced at Caijiaying. At 9:36am: (LON:GFM)...

Anglo Asian Mining's (LON:AAZ) shares rose after reporting a significant growth for its flagship Gedabek mine in Azerbaijan in 2015. Gold production for Q4 totalled 17,930 ounces with 12,996...

Griffin Mining expects to resume blasting at Caijiaying by the end of the week after the Chinese safety bureau lifted its suspension order and allowed the recommencement of mining and haulage...

Story provided by StockMarketWire.com

Ncondezi Energy (LON:NCCL) has signed a binding joint development agreement with Shanghai Electric Power Co., Ltd to develop the Ncondezi 300MW coal fired power project in Tete, Mozambique. SEP...

Griffin Mining Ltd said a new 35kV mains power line has now been connected to the Caijiaying mine site and activated, which allows work to commence on commissioning the new third main ball mill....

Operations at Griffin's Caijiaying mine have been suspended after an employee of the mining contractor died while underground. Operations were voluntarily suspended by the company pending an...

Avocet Mining (LON:AVM) has drawn down another US$2.0m under the Elliott loan facility agreed with Manchester Securities Corp, an affiliate of the company's largest shareholder, Elliott Management...

Griffin Mining's revenues rose to $35.2m in the six months to the end of June from $33.2m last time but operating profits fell to $6.4m (2014: $7.6m) and profit before tax dropped to $3.7m from...

Story provided by StockMarketWire.com

Edenville Energy (LON:EDL) was up in late trading after it revealed significant progress on the Rukwa coal to power project Edenville said it has started the formal review process of the Rukwa...

Griffin Mining has confirmed that all resolutions put to shareholders at the annual general meeting today were passed. At 3:42pm: (LON:GFM) Griffin Mining share price was -0.25p at 36.25p...

Griffin Mining's (LON:GFM) shares edged up in late trading after it confirmed that mining operations at Caijiaying recommenced on 27 June following an investigation by both Griffin and various...

Griffin Mining has confirmed that mining operations at Caijiaying recommenced on 27 June following an investigation by both Griffin and various Chinese authorities into the circumstances causing...

Story provided by StockMarketWire.com

Griffin Mining will hold its annual general meeting at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, on 15 July at 11 a.m. (local time). At 9:08am: (LON:GFM) Griffin Mining share...

Griffin Mining (LON:GFM) was one of the sector's biggest fallers after it posted pre-tax profits of $1,021,000 for the year to the end of December - down from $13,228,000 in 2013. Revenues fell to...

Griffin Mining posts pre-tax profits of $1,021,000 for the year to the end of December - down from $13,228,000 in 2013. Revenues fell to $45,564,000 in 2014 (2013 $71,071,000) and operating...

Story provided by StockMarketWire.com

Adam Usdan, Non Executive Director, bought 500,000 shares in the company on the 17th February 2015 at a price of 26.50p. The Director now holds 30,544,113 shares. NOTE: Connected party Story...

Griffin Mining bought back 3,000,000 ordinary shares yesterday at 26.5p apiece to be held in treasury. There are currently no other shares held in treasury. At 9:47am: (LON:GFM) Griffin Mining...

Adam Usdan, Non Executive Director, bought 250,000 shares in the company on the 10th February 2015 at a price of 26.50p. The Director now holds 30,044,113 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 250,000 shares in the company on the 9th February 2015 at a price of 26.50p. The Director now holds 29,794,113 shares. Story provided by...

Adam Usdan, Non Executive Director, bought 250,000 shares in the company on the 6th February 2015 at a price of 26.50p. The Director now holds 29,544,113 shares. Story provided by...

Griffin Mining has warned that 2014 results will be disappointing due to delays over expanding facilities at its Caijiaying zinc-gold mine. The company says the newly commissioned processing...

Story provided by StockMarketWire.com

Griffin Mining has appointed Cantor Fitzgerald Europe as joint broker to the company with immediate effect. At 8:32am: (LON:GFM) Griffin Mining share price was +0.75p at 29p Story provided...

Griffin Mining says commissioning of the significantly refurbished and upgraded processing facilities at the Caijiaying mine started this morning following the suspension of processing announced...

Adam Usdan, Non Executive Director, bought 50,000 shares in the company on the 21st October 2014 at a price of 39.00p. The Director now holds 29,294,113 shares. NOTE: Connected company Story...

Adam Usdan, Non Executive Director, bought 100,000 shares in the company on the 17th October 2014 at a price of 37.50p. The Director now holds 29,244,113 shares. Story provided by...

Griffin Mining has appointed Mark Hine as chief operating officer. He is a mining engineer having graduated from the Western Australia School of Mines, a member of the Australian Institute of...

Forte Energy's (LON:FTE) shares edged up in late trading despite higher full-year losses after it completed the payment to earn a 50% interest in European Uranium Resources' Slovak subsidiaries...

Adam Usdan, Non Executive Director, bought 350,000 shares in the company on the 18th September 2014 at a price of 37.50p. The Director now holds 29,144,113 shares. Story provided by...

Mariana Resources (LON:MARL) was the sector's top riser after it secured up to US$6m investment to fund growth of its South American exploration portfolio over the next 12 months Mariana has...

KEFI Minerals' (LON:KEFI) edged up in after it said it expects to complete its acquisition of the remaining 25% of the Tulu Kapi gold project on Friday (5 September). KEFI said that Nyota...

Griffin Mining posts operating profits of $9.2m for the six months to the end of June - up from $7.3m last time. Revenues of $33.2m were down slightly from $33.7m a year ago but pre-tax profits...

Story provided by StockMarketWire.com

Equity research analysts at Cantor Fitzgerald have repeated their ‘buy’ recommendation on China-focused mining company Griffin Mining (LON:GFM) after highlighting the fact that the zinc price...

Botswana Diamonds (LON:BOD) was the sector's biggest riser after it received the final Alrosa geological report on the exploration work undertaken on prospecting licence PL/117 in the Orapa area...

Griffin Mining has confirmed that the planned upgrade of the processing facilities at the Caijiaying mine are proceeding on time and within budget. According to the schedule, the processing of...

Anglo American's (LON:AAL) shares slipped back despite increased production from its operations in the second quarter to the end of June with the exception of platinum. Kumba Iron Ore production...

Griffin Mining has confirmed that all the resolutions put to shareholders at the annual general meeting yesterday were duly passed. Resolution 9, relating to various proposed amendments to the...

Dal Brynelsen, Director, bought 167,000 shares in the company on the 10th June 2014 at a price of 32.46p. The Director now holds 382,001 shares. Story provided by StockMarketWire.com Director...