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Griffin Mining Ltd - operator of the Caijiaying zinc-gold mine in China - Restarts underground operations at the Caijiaying zinc gold mine in the Hebei Province in China. The mill facilities are scheduled to start processing ore again on March 25.
Notes rising cases of Covid-19 in China. Says it will continue to work with relevant parties to ensure total compliance with regulations, especially if the infection rate should increase further. Says that it continues to ensure logistical procedures and notes that essential supplies such as explosives and mill materials have not been affected to date.
‘I am grateful to our staff, contractors and government officials for managing the necessary approvals to restart the Caijiaying operations on time and so efficiently. As you would expect, we remain vigilant with the reported increase in Covid-19 cases but feel assured by the effective handling of the current situation by all the relevant Chinese authorities,’ Chair Mladen Ninkov comments.
Current stock price: 106.70 pence, up 1.6% on Friday
12-month change: down 19%
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