Monthly Archives :

August 2010

Caijiaying Upgrade Commissioning

Griffin Mining Limited is very pleased to announce that the commissioning of the new second primary ball mill, the new primary crusher and the third tailings dam have begun and all components are operating to specification in the commissioning phase. The new processing facilities will raise the minimum processing throughput capacity to 750,000 tonnes per annum.

Mine Operational Update

Further to the announcement made by Griffin Mining Limited (“Griffin”) on 9th August 2010 concerning the death of two employees of the mining contractor at Caijiaying, whilst mining operations have been suspended, the Chinese authorities have allowed the processing of stockpiled ore at surface to continue. There are currently sufficient high and medium grade stockpiles at surface to continue processing ore through the mill for two weeks and low grade ore for a further two weeks.

The statutory prescribed investigation by both Griffin and the Chinese authorities into the death of two employees of a minesite contractor continues. Under Chinese law, the investigatory committee has 60 days from the date of the incident to complete their investigation and report to the relevant authority and then 15 days to make a decision and any recommendations before the suspension of mining operations may be lifted. Griffin is co-operating fully with the authorities to enable this process to be completed as quickly as possible.

Caijiaying Operations

riffin Mining Limited (the “Company” or “Griffin”) is very sad to report the death yesterday of two employees of the mining contractor whilst working underground at the Caijiaying Mine. As a result, operations at Caijiaying have been temporarily suspended pending an investigation by both the Company and a committee of Chinese authorities into the circumstances causing these deaths. Needless to say, the safety of the Caijiaying mine site is a priority for all parties concerned and any weaknesses found in any safety procedures will be acted upon immediately to ensure that such incidents cannot happen again. In the interim, the Company’s thoughts and concerns rest with the deceased and their families.