LONDON (Thomson Financial) - Griffin Mining Ltd. said despite the sharp fall
in zinc prices, it ended 2007 with a full year pretax profit on increased
throughput in its mining activities.
The mining company said pretax profit for the full year to Dec. 31, 2007 was
$26.8 million compared with $29.5 million the prior year and declared a dividend
of $0.03 per share.
Mined ore rose 43 percent in the full year to 430,891 tonnes from 301,168
tonnes while processed ore during the period increased 36 percent to 409,193
tonnes from 301,101 tonnes last year.
TFN.newsdesk@thomsonreuters.com
man/slm
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