Griffin Mining Ld Operational Update (2733B)
29 Januar 2020 - 8:55AM
UK Regulatory
TIDMGFM
RNS Number : 2733B
Griffin Mining Ld
29 January 2020
8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y
6LX, United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629
7773
E mail: griffin@griffinmining.com
Operational Update Re: Coronavirus
29(th) January 2020
Griffin Mining Limited ("Griffin" or the "Company") announces
the following update concerning operations at the Caijiaying Mine
in light of restrictions imposed by various levels of government of
the People's Republic of China in relation to the recent
Coronavirus outbreak.
Pursuant to past normal operational practices, mining operations
are suspended at the Caijiaying Mine during the lunar Chinese new
year festivities. This year those operations were suspended on the
22(nd) January 2020. Milling operations continued throughout the
period with stockpiled ore. Mining operations were due to
recommence on the 29(th) January 2020.
In the interim, due to travel restrictions imposed by the
Central Chinese authorities, the Company's mining contractor has
been unable to recommence activities at the Caijiaying Mine due to
a complete quarantine of Zhejiang Province, the home Province of
the majority of the mining contractor's staff, to which they
returned during the lunar festivities. It is expected the mining
contractor will have enough staff on site to begin mining
operations between the 4(th) to 6(th) February. Milling activities
will remain ongoing until all stockpiles have been depleted. This
is expected to occur in the next 4 days after which, following a
mill servicing, normal full mining and milling should resume.
No occurrence of the Coronavirus has been found or recorded at
the Caijiaying Mine. In addition, the Company has instituted severe
entry restrictions into the Caijiaying Mine including temperature
and history screening prior to entry, decontamination of all
possible surfaces and extensive new sterilization practices. It
also seems clear that Caijiaying has benefited from being more than
1,300 kilometres from the epicenter of the Coronavirus outbreak in
Wuhan, Hubei Province.
The Company's Chairman Mr. Mladen Ninkov commented, "The Company
has lived through 2 prior viral occurrences in China, namely the
Avian flu and the SARS virus, and survived and prospered. Although
tragic for all the families and countries affected, this too is
expected to pass and the Company will be prepared to begin
operations as soon as it can feasibly do so."
Further information
Griffin Mining Limited:
Mladen Ninkov (Chairman)
Roger Goodwin (Finance Director & Company Secretary)
Telephone: +44 (0)20 7629 7772
Numis Securities Limited (Nomad and Broker) Telephone: +44 (0)20
7260 1000
John Prior
Alamgir Ahmed
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 news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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