Griffin Mining shares drop as China mine temporarily suspended
Shares in Griffin Mining fell 4% on Tuesday after the company said operations at the Caijiaying mine in China have been temporarily suspended following the death of an employee.
FTSE AIM All-Share
743.12
16:54 17/04/24
n/a
n/a
Griffin Mining Ltd.
140.00p
15:05 17/04/24
2.19%
3.00p
Mining
10,638.88
16:55 17/04/24
1.48%
155.38
The decision was taken pending an investigation by both the company and the Chinese authorities into the circumstances causing the death.
“Needless to say, the safety of the Caijiaying mine site is a priority for all parties concerned,” said the company.