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Griffin profits soar

RESULTS: Zinc, gold and silver miner Griffin Mining reported a four-fold surge in profits from its Caijiaying gold mine in China in 2011 – but the market has failed to take notice with the shares trading close to a 12-month low
May 29, 2012
by Matthew Allan

China-focused Griffin Mining reported record revenues, profits and production for 2011, as an upgrade to the processing plant worked wonders at its Caijiaying zinc-gold-silver joint venture 250 km north-west of Beijing.

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