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Griffin Mining Reports 2024 Production Impact Due to Operational Disruption
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Griffin Mining Reports 2024 Production Impact Due to Operational Disruption

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Invest with Confidence:

Griffin Mining ( (GB:GFM) ) just unveiled an update.

Griffin Mining announced its production results for the Caijiaying Zinc Gold Mine for the last quarter and full year of 2024, highlighting a significant disruption in operations. This disruption was due to a suspension of activities following a fatality at the mine, which halted operations from October 11, 2024, until January 1, 2025, affecting the company’s output and operational results in the fourth quarter. The production of mined and processed ore, as well as the production of zinc, gold, silver, and lead, saw decreases compared to the previous year, although average prices for these commodities increased. Operations have since returned to normal in 2025.

More about Griffin Mining

Griffin Mining Limited is a company whose shares are listed on the Alternative Investment Market of the London Stock Exchange. It operates the Caijiaying Zinc Gold Mine in China through an 88.8% owned joint venture, producing zinc, gold, silver, and lead metals in concentrates.

YTD Price Performance: 0.0%

Average Trading Volume: 61,250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £272.7M

For a thorough assessment of GFM stock, go to TipRanks’ Stock Analysis page.

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