TIDMGFM 
 
RNS Number : 4490V 
Griffin Mining Ld 
02 November 2010 
 
 
 
                             GRIFFIN MINING LIMITED 
 
60 St James's Street, London SW1A 1LE, United Kingdom 
        Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773 
                        E mail: griffin@griffinmining.com 
 
                    Progress Report on Caijiaying Operations 
 
                               2nd November 2010. 
 
 
Further to the announcements made on the 9th and 16th of August, 28th September 
and on the 25th October, Griffin Mining Limited's (the "Company" or "Griffin") 
subsidiary, Hebei Hua Ao Mining Development Company Limited (the "Subsidiary"), 
has received the report from the Chinese authorities on the two contractor 
fatalities at the Caijiaying Mine.  Whilst the report attributes no direct blame 
on Griffin or its Subsidiary, the Chinese authorities have imposed various fines 
amounting to Rmb670,000 (GBP62,000) on the Subsidiary and the report makes a 
number of recommendations for improving safety at the mine. The report also 
holds numerous personnel at fault and imposes minor fines and/or other penalties 
upon them.  The Subsidiary has three days to appeal the findings of the report 
should it deem appropriate to do so. 
 
The suspension of mining activities at Caijiaying will be lifted once the 
recommendations contained in the report have been fully implemented.  It is 
anticipated that the safety recommendations will take a number of weeks to 
complete once electrical power has been restored to the Caijiaying mine.  In 
this regard Griffin has not received any further information as to when the 
electrical power will be restored in full.  In addition, production from the 
Caijiaying Mine will be limited to 200,000 tonnes of ore per annum throughput, 
which is in the process of being increased to 750,000 tonnes per annum, until 
certain upgrade design features have been approved by the Chinese authorities. 
The Subsidiary has already engaged a number of Chinese firms to approve the 
constructed mine upgrade designs. 
 
 
 
 
 
Further information 
 
Griffin Mining Limited: 
 
Mladen Ninkov                    (Chairman) 
Roger Goodwin                    (Finance Director) 
                                  +44 (0)20 7629 7772 
 
Investec Investment Banking: 
 
Stephen Cooper 
                                                +44 (0)20 7597 5104 
 
 
 
Griffin Mining Limited's shares are quoted on the Alternative Investment Market 
                (AIM) of the London Stock Exchange (symbol GFM). 
      The Company's news releases are 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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