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2020 Results preliminary Announcement - Vimarsana News

2020 Results preliminary Announcement

In 2020, the Company and its subsidiaries (together the ?Group?) recorded; Revenues of $75,403,000 (2019: $82,267,000); Operating profit of $15,148,000 (2019: $14,225,000); Profit before tax of $14,515,000 (2019: $11,712,000); Profit after tax of $8,910,000 (2019: $6,084,000); and Basic earnings per share of 5.16 cents per share (2019: 3.52 cents). Despite interruptions to operations in the first quarter of 2020 with restrictions imposed by the Chinese authorities to contain the Covid-19 pandemic, the Group recorded a 6.5% increase in operating profits on that recorded in 2019, primarily as a...

Griffin Mining Receives Final Acceptance Permit For Caijiaying Mine - Vimarsana News

Griffin Mining Receives Final Acceptance Permit For Caijiaying Mine

Griffin Mining Receives Final Acceptance Permit For Caijiaying Mine Tue, 29th Dec 2020 11:32 (Alliance News) - Griffin Mining Ltd on Tuesday said it has been granted the third stage Zone III project Final Acceptance Permit from the Chinese Safety Bureau following two years of capital development and underground services installation. Shares in Griffin Mining were up 15% at 92.80 pence in London on Tuesday. The operator of the Caijiaying zinc-gold mine in China said this will enable it to extend the underground mineable ore zone in the Chinese mine, so it can extract 1.1 million tonnes of zinc...

Source: lse.co.uk