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IN BRIEF: Griffin Mining half-year profit jumps as revenue doubles

ALN

Griffin Mining Ltd - AIM-listed operator of the Caijiaying zinc and gold mine in China - Says in the six months to June 30, pretax profit jumped by 78% to $9.6 million from $5.4 million a year prior, as revenue multiplied to $69.5 million from $34.7 million the year before. Zinc operation generated $55.4 million in revenue.

Chair Mladen Ninkov comments: ‘This is a truly stellar operational and financial performance. by the Caijiaying Mine, the company and all its employees, contractors and other stakeholders, particularly in the current, relatively modest, commodity prices environment.’

Current stock price: 87.00 pence, up 6.2%

12-month change: up 6.1%

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