Mining Licence
25 April 2005 - 9:00AM
UK Regulatory
RNS Number:4316L
Griffin Mining Ld
25 April 2005
GRIFFIN MINING LIMITED
GRIFFIN ANNOUNCES RENEWAL OF MINING LICENCE
Griffin Mining Limited ("Griffin or the "Company") is extremely pleased to
announce that its Chinese subsidiary company, the Hebei Hua-Ao Mining
Development Company, has had its mining licence at Caijiaying renewed for a
period of 15 years to 14th April 2020. This licence may be renewed at the end of
the licence period and replaces the existing mining licence granted in March
2002.
Mladen Ninkov, Griffin's Chairman, commented on these developments as follows:
"The grant of this renewed, long life mining licence is yet another example of
the viability of the Chinese mining industry to foreigners who operate legally
and contractually within the Chinese legal environment. The Company is
delighted to continue to blaze the trail for all western mining companies in
China."
25 April 2005
Further information
Mladen Ninkov - Chairman Telephone: +44(0) 20 7629 7772
Roger Goodwin - Finance Director
Griffin Mining Limited
Philip Davies Telephone: +44 (0) 20 7953 2000
Charles Stanley & Company Limited
Hugo de Salis Telephone: +44 (0) 20 7242 4477
St Brides Media & Finance Ltd
Griffin Mining Limited's shares are quoted on the Alternative Investment Market
(AIM) of the London Stock Exchange (symbol GFM).
Further information on Griffin Mining Ltd is available on the Company's web
site: www.griffinmining.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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