UK-based miner, Griffin Mining Limited, has reported increased production at its Caijiaying Zinc Gold Mine in Hebei province, China, in the quarter to 31st December 2009.
Gold output in the quarter was up 33.7 per cent at 1673 ounces, while zinc output was up 5.3 per cent at 7141 tonnes. Output of silver fell by 21.9 per cent to 29,695 ounces while that of lead fell 36.7 per cent to 138 tonnes. Total ore processed was up 9.8 per cent at 125,379 tonnes.
Following the grant of a new mining licence permitting the extraction of ore below the 1300 level, mine development and stope preparation below the 1300 level is now underway with the expectation of ore being extracted from the lower levels later this quarter. Work is also continuing on the upgrade of the processing plant and tailings dams to increase processing capacity to 750,000 tonnes of ore per annum by the autumn of 2010.
Chairman Mladen Ninkov said: “The operating performance of the Caijiaying mine continues to improve and we look forward to even better results as the next levels of the mine are accessed and the plant upgrade is completed.”
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