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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Anglo Asian Mining Plc | LSE:AAZ | London | Ordinary Share | GB00B0C18177 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.40 | 5.35% | 67.00 | 67.00 | 70.00 | 69.50 | 63.50 | 63.50 | 271,461 | 16:35:01 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 84.72M | 3.66M | 0.0320 | 21.41 | 78.26M |
For further information please visit www.angloasianmining.com or contact:
Hot Features
Premium
Reza Vaziri Anglo Asian Mining plc Tel: +994 12 596 3350
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Bill Morgan Anglo Asian Mining plc Tel: +994 502 910 400
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Ewan Leggat SP Angel Corporate Finance Tel: +44 (0) 20 3463
LLP 2260
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Felicity Edwards St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
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Lottie Brocklehurst St Brides Media & Finance Tel: +44 (0) 20 7236
Ltd 1177
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Notes:
Anglo Asian Mining plc (AIM:AAZ) is a gold producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 square kilometre prospective exploration portfolio, assembled from analysis of historic Soviet geological data and held under a Production Sharing Agreement ('PSA') based on the Azeri oil industry. The Company developed Azerbaijan's first operating gold/copper/silver mine, Gedabek, which commenced gold production in May 2009. Gold production for the year ended 31 December 2013 from Gedabek totalled 52,068 ounces. The Company is also developing a second resource area within Azerbaijan, Gosha, which is 50 kilometres from Gedabek. Gosha is being advanced with a view to developing a high grade underground gold mine. Due to the proximity of Gosha to Gedabek, gold ore produced at Gosha is processed at Anglo Asian's Gedabek plant. Anglo Asian's Company production target for FY 2014 stands at circa 62,000 of gold. In addition, Gedabek is a polymetalic deposit and its ore has a high copper content, and as a result the Company produces copper concentrate through its Sulphidisation, Acidification, Recycling, and Thickening plant. In addition, it is examining the potential to construct a small scale, low capital expenditure flotation plant to produce a copper and precious metal concentrate. This will initially process ore from its existing stockpiles of sulphide ore having a high copper content.
Anglo Asian is also actively looking to exploit its first mover advantage in Azerbaijan to identify additional projects, as well as looking for other properties in order to fulfil its expansion ambitions and become a mid-tier gold and copper metal production company.
This information is provided by RNS
The company news service from the London Stock Exchange
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