Share Name Share Symbol Market Type Share ISIN Share Description
Anglo Asian Mining 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
  +0.00p +0.00% 18.50p 17.50p 19.50p 18.50p 18.50p 18.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 53.0 -6.0 -4.5 - 20.84

Anglo Asian Share Discussion Threads

Showing 27726 to 27749 of 27750 messages
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DateSubjectAuthorDiscuss
26/5/2017
08:12
Gold moving ahead nicely this am
mattjos
25/5/2017
21:21
From today's rns.... During the period under review, the Group's main focus has been on several key areas to increase its gold, copper and silver production and ensure the future success of its operations as follows: - continued optimisation of the agitation leaching and flotation plants to ensure maximum production at lowest possible cost; - increasing the efficiency of our mining operations and pursuing initiatives to reduce costs and increase the sustainability of the Group's operations; and - exploration of our Gedabek site to both increase the production of our existing open pit and underground mines and to discover new ore deposits.
bleepy
25/5/2017
19:06
I've no issue with anyone posting bearish views on AAZ, gold or whatever Zhockey. The more views the better, given they are well informed and reasoned, which yours have been over the duration I've read them. Accepted my post was bereft of any investment content; as such there was no "point" in it. Equally it was barbless. Merely a flippant observation, intended to be humorous in an ironic sort of a way. Apologies if it's rubbed you up the wrong way. I'd be glad if you would post as to why you expect a bear market for gold, if you can spare the time.
2sporrans
25/5/2017
16:22
Results as good as expected. What is not certain here is where to now? Stockpiled ore being used while drilling tries to find new gold resource. Drilling and resources need to uncover better results and grades than previously found at Ugur. Im not a vulture by the way just a cautious investor who has made money here in the past and might do again when the future picture is clearer !! There is nothing new here to get me excited yet !
jeanesy
25/5/2017
15:11
Not sure what happened to posts repeating.
bleepy
25/5/2017
15:09
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
15:09
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
15:09
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
15:09
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
15:08
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
15:08
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
15:07
Chairman's statement It gives me great pleasure to report the return of Anglo Asian to profitability. I commented in my statement last year that 2015 was an important year in turning around your Company. The profit recorded for 2016 shows that this optimism was justified and we will continue to put in place the foundations for sustainable profitability and cash generation. A major contributor to the success in 2016 is the continuing evolution of Anglo Asian into a company for which copper is increasingly a significant proportion of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabek and in 2016 started a major programme of geological exploration. This is already delivering results and we were pleased to announce the discovery of Ugur, an important new gold ore deposit in October 2016. The start of mining from a new open pit at Ugur in late 2017, together with the other exploration and production optimisation initiatives currently underway, will act to further advance the delivery of long-term value to shareholders. Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper. The Group has a production target for 2017 of between 52,000 ounces and 58,000 ounces of gold and 2,000 tonnes and 2,400 tonnes of copper. Given the increasing proportion of copper in its production, the Group will from now on also present its total production target in gold equivalent ounces ("GEOs"). The total production target in GEOs for 2017 is between 64,000 ounces and 72,000 ounces compared to 72,304 ounces in 2016. I look forward to updating our shareholders on our progress over the remainder of 2017.
bleepy
25/5/2017
14:19
2Sporrans, Fail to see your point of your post. If you cannot be tolerant of others views that do not match your own then that's you problem not mine, or Jeanesy's. FWIW, I don't think last year's results have any relevance on where AAZ are going. AAZ are now a defacto exploration company and the drill bit will do the talking. One point however, everyone seems happy with the AISC but these are going to shoot up now they are not offsetting byproduct.
zhockey
25/5/2017
12:08
htTp://news.goldseek.com/GoldSeek/1495631832.php
celeritas
25/5/2017
09:46
"a temporary reduction of the level of gold production in 2017 compared to the past two years" Outlook It is with continued optimism that I look forward to 2017 and beyond. During the course of 2016, we have demonstrated that we can operate the Group profitably. This return to profitability, together with the initiatives currently underway, provide a strong platform for sustained growth in production and development. These initiatives will inevitably result in a temporary reduction of the level of gold production in 2017 compared to the past two years, which has been reflected in our gold production target for the year. However, this will be offset by increased production of copper.
bleepy
25/5/2017
09:36
A point they emphasised at the presentation.
jbe81
25/5/2017
09:21
Yes, interesting use of adjectives. Another one is in "Ugur is a significant gold ore deposit"
jbe81
25/5/2017
09:20
Yes all looks fine and with the new pit at ugir 250*350m and with the ore going down to 50m it will be very hard for it not to contain 250k easily recoverable oz, that will give them a lot of time to find more gold as well as fully mapping out and exploring the main pit site
catsick
25/5/2017
09:18
Zhockey and jeanesy Can't help but be amused by you guys. You're constantly attentive and posting here, despite prophecies of doom. More than many now invested here. Like 2 buzzards on a telegraph wire you are. Go on, at least help yourselves to a few pecks of AAZ; you know you want to :0))
2sporrans
25/5/2017
09:13
"Very good to see final AISC was also $616/oz". Yes, this alone justifies the modest bump up in the share price I hope AAZ now edit their latest Presentation to show this. They also have the opportunity to preface and fill it with the 2016 PROFIT figures, rather than the 2015 loss ones as it stands. Ditto the reduced debt. I don't think this is trivial. If I was a 'raw', potential new investor making a quick investigation as to the investment merits of AAZ, I might have cut short simply by reading those off putting headline stats. Maybe it's just me but these results read even better than the last Strategy update. Somehow clearer picture and more +ve for it. E.g. the increased importance of copper, be that down to the "EXTENSIVE" [new adjective by them] stockpiles and 2017 production thereof or the evolving reserves situation.
2sporrans
25/5/2017
08:55
"Bizarre under-reaction"... maybe, tho the price now picking up, the last RNS basically read we're running out of gold so got start drilling.
goodgrief
25/5/2017
08:48
Very good to see final AISC was also $616/oz, reduced from previous reported $703. This means even reporting in "Gold Equivalent Ounces" with silver and copper no longer "credits" pushing Gold AISC down, the AISC should still be very low. Gedabek connected to national grid will help lower costs too - as bleepy states approx. $2.1m. It is also good to see AISC will be reported going forward in accordance with the World Gold Council's guidance. This gives Investors far more visibility, whereas before AAZ did not really provide an AISC and if it did, very sporadically.
redtrend
25/5/2017
08:48
Bizarre under-reactionAnyway, more for me at this price. Valued at less than the FY16 cash flow & the CEO still with $3.8m on the line and not even collecting his due interest on the loan to help his company grow. Truly a gem amongst the rest of the AIM dross
mattjos
25/5/2017
08:39
A comprehensive and informative report providing depth and detail. 100% increase in copper production, 600% increase in silver produced and a "temporary" drop in gold production. A new open pit at Ugur to come on line alongside Gedabek open pit, both benefiting from extensive exploration mapping their full potential. Similar exploration including new tunnelling at Gadir underground mine designed to optimise its potential. Gosha mine ongoing. Awaiting assay results from Bittibulag taken over 1sq km. Upgraded power supply with substantial $2m annual saving going forward. Upgrade to water treatment and tailings dam providing further metals recovery. Microscopic eye on spending and cost reduction. Company strategy and controls to be applauded. As Mattjos says, what's not to like here. Well done AAZ.
bleepy
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