Griffin Mining Ltd. (GFM)

Sector:

Mining

Index:

FTSE AIM All-Share

190.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 200.00p
  • 52 Week Low: 117.00p
  • Currency: UK Pounds
  • Shares Issued: 184.25m
  • Volume: 91,232
  • Market Cap: £350.08m
  • RiskGrade: 291
  • Beta: 0.02

Contractor dies at Griffin's Caijiaying Mine

By Josh White

Date: Monday 14 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Griffin Mining announced the death of an employee of a mining contractor at its Caijiaying Mine on Monday.
The AIM-traded firm said the incident occurred on the evening of 11 October, when an ore pass filled with excavated paste buried the contractor's loader and its operator.

Despite being swiftly transported to Zhangbei Hospital, the worker was pronounced dead on arrival.

In compliance with Chinese regulatory requirements, Griffin Mining said it had suspended all operations at the Caijiaying Mine to allow for a full investigation into the incident.

While operations remained halted, regulatory authorities had reportedly expressed a desire for the mine to reopen as soon as possible once the investigation was complete.

"A death in any family or organisation is inevitably a tragedy for the family involved and the numerous people, organisations and entities whose life that person would have interacted with on a regular basis," said chairman Mladen Ninkov.

"In a company such as Griffin, where safety is not only our overwhelming priority, but also where contractors and their staff become part of the Griffin 'family', this fatality has severely impacted our staff, contractors and operations.

"It strengthens our continuing resolve to redouble our efforts to ensure safety is our first, second and last priority."

At 1249 BST, shares in Griffin Mining were down 2.52% at 155p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GFM Market Data

Currency UK Pounds
Share Price 190.00p
Change Today -4.00p
% Change -2.06 %
52 Week High 200.00p
52 Week Low 117.00p
Volume 91,232
Shares Issued 184.25m
Market Cap £350.08m
Beta 0.02
RiskGrade 291

GFM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.73% above the market average71.73% above the market average71.73% above the market average71.73% above the market average71.73% above the market average
28.12% below the sector average28.12% below the sector average28.12% below the sector average28.12% below the sector average28.12% below the sector average
Price Trend
86.74% above the market average86.74% above the market average86.74% above the market average86.74% above the market average86.74% above the market average
62.41% above the sector average62.41% above the sector average62.41% above the sector average62.41% above the sector average62.41% above the sector average
Income Not Available
Growth
33.28% below the market average33.28% below the market average33.28% below the market average33.28% below the market average33.28% below the market average
3.7% below the sector average3.7% below the sector average3.7% below the sector average3.7% below the sector average3.7% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GFM Dividends

No dividends found

Trades for 11-Jul-2025

Time Volume / Share Price
16:44 25,000 @ 200.00p
16:35 1,340 @ 190.00p
16:35 1 @ 190.00p
16:35 149 @ 190.00p
16:35 108 @ 190.00p

GFM Key Personnel

Finance Director Roger Goodwin
Chair Mladen Ninkov

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