Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last 40.63 GBp
Change Today 0.00 / 0.00%
Volume 872.2K
GFM On Other Exchanges
As of 11:30 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

griffin mining limited (GFM) Snapshot

40.63 GBp
Previous Close
40.63 GBp
Day High
40.63 GBp
Day Low
40.63 GBp
52 Week High
09/17/14 - 42.50 GBp
52 Week Low
02/3/15 - 24.00 GBp
Market Cap
Average Volume 10 Days
0.0011 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for GRIFFIN MINING LIMITED (GFM)

Related News

No related news articles were found.

griffin mining limited (GFM) Related Businessweek News

No Related Businessweek News Found

griffin mining limited (GFM) Details

Griffin Mining Limited, a mining and investment company, engages in the development and exploration of mineral properties. The company explores for zinc, gold, silver, and lead. It primarily owns interest in the Caijiaying mine located in the Hebei Province, the Peoples Republic of China. The company was formerly known as European Mining Finance Ltd. and changed its name to Griffin Mining Limited in January 1998. Griffin Mining Limited was founded in 1988 and is based in London, the United Kingdom.

368 Employees
Last Reported Date: 04/17/15
Founded in 1988

griffin mining limited (GFM) Top Compensated Officers

Finance Director, Company Secretary and Direc...
Total Annual Compensation: $473.0K
Compensation as of Fiscal Year 2013.

griffin mining limited (GFM) Key Developments

Griffin Mining Limited Reports Preliminary Consolidated Earnings and Production Results for the Year Ended December 31, 2014

Griffin Mining Ltd. reported preliminary consolidated earnings and production results for the year ended December 31, 2014. For the year, the company reported revenue of $45,564,000 against $71,071,000 for the same period last year. Profit from operations was $6,732,000 against $18,694,000 for the same period last year. Profit before tax was $1,021,000 against $13,228,000 for the same period last year. Profit after tax was $190,000 against $8,157,000 for the same period last year. Basic and diluted earnings per share were 0.11 cents compared to 4.63 cents a year ago. Net cash inflow from operating activities was $12,754,000 against $24,561,000 for the same period last year. Payments to acquire intangible fixed assets - exploration interests were $90,000 against $110,000 for the same period last year. Payments to acquire - plant and equipment were $17,285,000 against $2,499,000 for the same period last year. Payments to acquire - office equipment were $11,000. The company reported production results for the year ended December 31, 2014. For the year, the company mined 747,775 tonnes of ore, compared to 877,803 tonnes in 2013, processed 572,390 tonnes of ore, compared to 838,431 tonnes in 2013, produced 25,901 tonnes of zinc metal in concentrate, compared to 39,724 tonnes in 2013, produced 7,623 ounces of gold in concentrate, compared to 11,468 ounces in 2013, produced 201,982 ounces of silver in concentrate, compared to 323,808 ounces in 2013, and produced 857 tonnes of lead in concentrate, compared to 1,551 tonnes in 2013.

Griffin Mining Limited Announces Production and Licencing Update

Griffin Mining Limited reported that the newly commissioned processing facilities at the Caijiaying Zinc-Gold Mine ("Caijiaying") have now reached the equivalent of approximately 900,000 tonnes per annum throughput. The processing of the expanded name plate capacity throughput of 1,500,000 tonnes of ore per annum will not be achieved until the delivery of the new 750,000 tonne per annum ball mill and the connection of additional grid power. These events are expected to be completed by June 2015. Production, and consequently the financial results, in 2014 have been significantly impacted by the suspension in processing to allow for the upgrade of the processing facilities at the Caijiaying mine from 11th August to 17th November and the subsequent re-commissioning of the plant, a process which took 6 weeks longer to complete than originally envisioned. Griffin continues to experience bureaucratic delays in the granting of a new mining licence and permit for the Zone III deeps and Zone II areas at Caijiaying and continues to actively manage the administrative process involved in the granting of these licences.

Griffin Mining Limited Announces Caijiaying Expansion & Commissioning of Processing Facilities

Griffin Mining Limited reported that commissioning of the significantly refurbished and upgraded processing facilities at the Caijiaying mine commenced this morning following the suspension of processing announced on 13th August 2014. The refurbished two 350,000 tonnes per annum primary ball mills, new and larger floatation cells and increased storage and handling facilities were commissioned using the crushed ore available. The new, three stage rushing circuit and back-up generators are expected to be commissioned on Wednesday 19th November with ore that has continued to be mined and stockpiled for the past 3 months. Name-plate throughput of 750,000+ tonnes per annum should be re-instated at this point. The upgrade to the main processing facilities is scheduled to be completed on December 15 upon the delivery and installation of the new, 800,000 tonnes per annum primary ball mill. It is hoped that demarcation issues between competing Chinese power suppliers for an enhanced power supply to the processing facilities will be resolved by that time. It is expected that throughput will reach 1.5 million tonnes per annum by the summer of 2015. The upgrade continues to fall within the capital amount budgeted, however, due to the 4 week delay in commissioning, annual production of zinc metal in concentrate for 2014 is expected to be lower than that achieved in 2013.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GFM:LN 40.63 GBp 0.00

GFM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for GFM.
View Industry Companies

Industry Analysis


Industry Average

Valuation GFM Industry Range
Price/Earnings 100.0x
Price/Sales 2.4x
Price/Book 0.8x
Price/Cash Flow 564.2x
TEV/Sales 2.3x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GRIFFIN MINING LIMITED, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at