Business
Progress Report on Caijiaying
Progress Report on Caijiaying.
About this update from Griffin Mining Limited
[{"type":"text","content":"\n RNS Number : 9285U Griffin Mining Ld 25 October 2010 \n\n \n \n \nGriffin Mining Limited\n \n60 St James's Street, London SW1A 1LE, United Kingdom\nTelephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773\nE mail: [email protected]\n \nProgress Report on Caijiaying Operations\n \n25th October 2010.\n \n \nFurther to the announcements made by Griffin Mining Limited (\"Griffin\" or the \"Company\") on the 9th and 16th of August 2010 and the 28th of September 2010, the Company has been informed that the report on the death of 2 employees of the mining sub-contractor at Caijiaying has been completed by all the relevant Chinese governmental agencies and is now awaiting final approval by the Zhangjiakou government prior to its release. This is expected to occur in the next 14 days.\n \nIn the interim, progress has been achieved in obtaining limited electricity supplies to site to maintain essential mine services, and in particular, the dewatering of the underground drives and stopes. A date has not yet been released by the Chinese authorities as to when the previously announced electricity restrictions to meet Chinese targets for the reduction in energy consumption will be lifted. \n \n \nFurther information\n \nGriffin Mining Limited:\n \nMladen Ninkov (Chairman)\nRoger Goodwin (Finance Director ) +44 (0)20 7629 7772\n \nInvestec Investment Banking:\n \nDaniel Adams  ...