viewAnglo Asian Mining PLC

Anglo Asian Mining 'in extremely good shape' after first half production boost

Bill Morgan, CFO at Anglo Asian Mining Plc (LON:AAZ), talks Proactive's Andrew Scott through the miner's first half update.

Anglo Asian saw a 22% year-on-year increase in total production of gold equivalent ounces in the period.

Total production from the Gedabek gold, copper and silver mining contract area in western Azerbaijan rang in at 37,349 gold equivalent ounces, a performance they're describing “excellent”.

The company had net debt of US$2.9mln at 30 June 2018 - a reduction of US$7.5mln since 31 March 2018.

Quick facts: Anglo Asian Mining PLC

Price: 121 GBX

Market: AIM
Market Cap: £138.41 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Anglo Asian Mining PLC named herein, including the promotion by the Company of Anglo Asian Mining PLC in any Content on the Site, the Company...


Mining Capital's Alastair Ford charts continued strength in gold price

Mining Capital's Alastair Ford addresses suggestions gold could be heading towards a new high of $2000/oz. ''I think that's quite an ambitious target to be setting at this point ... the next breakout number $1525/oz and thereafter the chartists will look for something like $1560/oz''. ''If...

on 16/8/19

2 min read