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AAZ Anglo Asian Mining Plc

64.50
-0.50 (-0.77%)
Last Updated: 09:16:43
Delayed by 15 minutes
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
  -0.50 -0.77% 64.50 62.00 67.00 65.00 64.50 65.00 58,872 09:16:43
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 84.72M 3.66M 0.0320 20.16 73.69M

Anglo Asian Mining PLC Presentation at Conference of Metallurgists (2901Q)

11/09/2017 9:47am

UK Regulatory


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RNS Number : 2901Q

Anglo Asian Mining PLC

11 September 2017

Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining

11 September 2017

Anglo Asian Mining plc

Technical Presentation to the Conference of Metallurgists 2017 - Vancouver, Canada

Anglo Asian Mining plc ("Anglo Asian" or "the Company"), the AIM listed gold, copper and silver producer, announces that John Monhemius (Independent non-executive director of the Company) presented a technical paper to the Conference of Metallurgists in Vancouver, Canada on 30 August 2017. The title of the paper was "Flotation and Leaching at Anglo Asian Mining's Gedabek Gold and Copper mine in Azerbaijan". The paper was written by John Monhemius, Farhang Hedjazi and Homayoun Saeedi. Farhang Hedjazi and Homayoun Saeedi are both employees of the Company.

The paper can be accessed via the following link:

http://www.rns-pdf.londonstockexchange.com/rns/2901Q_-2017-9-8.pdf

A presentation regarding the technical paper is also available on the Anglo Asian website: http://www.angloasianmining.com.

**ENDS**

For further information please visit http://www.angloasianmining.com or contact:

 
                       Anglo Asian Mining   Tel: +994 12 596 
 Reza Vaziri            plc                  3350 
--------------------  -------------------  ------------------ 
                       Anglo Asian Mining   Tel: +994 502 910 
 Bill Morgan            plc                  400 
--------------------  -------------------  ------------------ 
                       Anglo Asian Mining   Tel: +994 502 916 
 Stephen Westhead       plc                  894 
--------------------  -------------------  ------------------ 
 Ewan Leggat           SP Angel Corporate   Tel: +44 (0) 20 
                        Finance LLP          3470 0470 
                        Nominated Adviser 
                        and Broker 
--------------------  -------------------  ------------------ 
 Soltan Tagiev         SP Angel Corporate   Tel + 44 (0) 20 
                        Finance LLP          3470 0470 
--------------------  -------------------  ------------------ 
 Lottie Brocklehurst   St Brides Partners   Tel: +44 (0) 20 
                        Ltd                  7236 1177 
--------------------  -------------------  ------------------ 
 Susie Geliher         St Brides Partners   Tel: +44 (0) 20 
                        Ltd                  7236 1177 
--------------------  -------------------  ------------------ 
 

Notes: About Anglo Asian Mining plc

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 square kilometre portfolio, assembled from analysis of historic Soviet geological data and held under a Production Sharing Agreement modelled on the Azeri oil industry.

The Company developed Azerbaijan's first operating gold/copper/silver mine, Gedabek, which commenced gold production in May 2009. Gedabek is an open cast mine with a series of interconnected pits. The Company also operates the high grade

Gadir underground mine which is co-located at the Gedabek site. The Company has a second underground mine, Gosha, which is 50 kilometres from Gedabek. Ore mined at Gosha is processed at Anglo Asian's Gedabek plant.

Gold production for the year ended 31 December 2016 from Gedabek totaled 65,394 ounces with 1,941 tonnes of copper also produced. Gedabek is a polymetallic deposit and its ore has a high copper content, and as a result the Company produces copper concentrate from its Sulphidisation, Acidification, Recycling, and Thickening (SART) plant. Anglo Asian also produces a copper and precious metal concentrate from its flotation plant, which is processing tailings from the agitation leach plant.

Anglo Asian is also actively seeking 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

END

MSCUWUNRBSAKRAR

(END) Dow Jones Newswires

September 11, 2017 04:47 ET (08:47 GMT)

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