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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Anglo Asian | AQSE:AAZ.GB | Aquis Stock Exchange | Ordinary Share | GB00B0C18177 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 72.00 | 68.00 | 76.00 | 72.00 | 72.00 | 72.00 | 0.00 | 06:55:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAAZ
RNS Number : 0753M
Anglo Asian Mining PLC
12 September 2023
12 September 2023
Anglo Asian Mining plc
Micon environmental report update
Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, provides the following update regarding the report by Micon International Limited ("Micon"). This report follows Micon's visit to Gedabek in July 2023 where they carried out a health, safety and environmental review of tailings management at the Gedabek site.
Micon's draft report has now been prepared, which the Company is reviewing together with Micon and the Government of Azerbaijan. Anglo Asian expects this report to be finalised next week. The Company will provide further details once the report is finalised.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, which was incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.
For further information please contact:
Anglo Asian Mining plc Tel: +994 12 596 Reza Vaziri, Chief Executive Officer 3350 Tel: +994 502 910 Bill Morgan, Chief Financial Officer 400 Tel: +994 502 916 Stephen Westhead, Vice President 894 SP Angel Corporate Finance LLP (Nominated Tel: +44 (0) 20 Adviser and Broker) 3470 0470 Ewan Leggat Adam Cowl Hudson Sandler (Financial PR) Tel: +44 0) 20 7796 Charlie Jack 4133 Harry Griffiths
Notes to editors
Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 57,618 gold equivalent ounces ("GEOs") for the year ended 31 December 2022.
On 30 March 2023, the Company published its strategic plan for growth which shows a clearly defined path for the Company to transition to a multi-asset, mid-tier copper and gold producer by 2028. By 2028, copper will be the principal product of the Company, with forecast production of around 36,000 copper equivalent tonnes. It plans to achieve this growth by bringing into production four new mines during 2023 to 2028 at Zafar, Gilar, Xarxar and Garadag.
The Company owns approximately 17.4 per cent. of Libero Copper & Gold Corporation ("Libero"). Libero is listed on the TSX Venture Exchange in Canada and owns, or has the option to acquire, several copper exploration properties in North and South America, including Mocoa in Colombia, one of the world's largest undeveloped copper-molybdenum resources.
https://www.angloasianmining.com/
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UPDUARBROWUKAAR
(END) Dow Jones Newswires
September 12, 2023 02:00 ET (06:00 GMT)
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