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Anglo Asian Mining reports strong first quarter with 11% production increase

Anglo Asian Mining PLC's (LON:AAZ) Bill Morgan discusses the company's Q1 2019 update with Proactive London.

Anglo Asian reported an 11% year-on-year rise in production from the Gedabek gold, copper and silver mining contract area in western Azerbaijan and saw its net cash increase by 77% to US$10.8mln.

It produced 20,287 gold equivalent ounces in the period, up from 18,307 GEOs in the first quarter of 2018.

Quick facts: Anglo Asian Mining PLC

Price: 137 GBX

AIM:AAZ
Market: AIM
Market Cap: £156.72 m
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