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Griffin soars on mining licence approval

Chinese authorities have finally approved a crucial mining licence for AIM-listed Griffin Mining, which the zinc miner says will allow it to boost concentrate production from its Caijiaying mine by over 60% by the end of next year.

Griffin Mining's operations at Caijiaying, 250km north west of Beijing, China

Griffin Mining's operations at Caijiaying, 250km north west of Beijing, China

Griffin, one of the few Western miners active in China, applied for the licence eight years ago. Its approval by China's Ministry of Land and Natural Resources on January 4 allows the company to develop...

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