(Alliance News) - Anglo Asian Mining PLC shares jumped on Thursday after ACG Metals Ltd lsaid it is "considering making an offer" for the Azerbaijan-focused firm. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver producer - Announces agreement to sell copper concentrate from its Demirli copper mine in Karabakh to Trafigura Pte Ltd. Says the contract includes a revolving prepayment facility worth up to USD25 million. Company now has the licences necessary to operate the mine's processing plant, although the finalisation of the relevant documents is ongoing. The operating lease for the plant started on Saturday. It also has a permit to use the existing tailings dam for up to 12 months, with a second dam to be constructed during that time. Anglo Asian says the sales contract with Trafigura has been approved by the Government of Azerbaijan, and it expects to complete the first concentrate sale in mid-November. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - Anglo Asian Mining PLC on Thursday lowered its full-year gold production target but boosted guidance for copper, which it plans to prioritise going forwards. Read More
(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver miner - Reports production of 8,293 gold equivalent ounces in the second quarter to June 30 from 2,707 GEOs a year prior. Copper production is 654 tonnes multiplied from 46 tonnes a year ago, gold production is 6,086 ounces, up from 2,438 ounces and silver production is 32,033 ounces compared to 6,341 ounces. Across the first half of 2025, production more than trebles to 16,378 GEOs from 5,270 GEOs. Says the Gilar mine commenced production in May with 106,510 tonnes of ore produced in the quarter grading 1.23 grammes of gold per tonne and 0.84 per cent. copper. In addition, flags "significant" progress at Demirli with work steadily progresssing towards commencement of production. Reports positive cash flow of USD1.8 million in the half year, decreasing net debt to USD13.0 million as at June 30 compared to USD14.8 million at the end of 2024. "We look forward to building on the strong momentum of the first half, and to providing further updates on the execution of our growth strategy to become a mid-tier, copper-focused producer," says Chief Executive Reza Vaziri. Read More
(Alliance News) - Anglo Asian Mining PLC on Thursday reported a "strong start" to 2025 trading as it posted weaker revenue in 2024, a year in which it faced "a number of challenges". Read More
(Alliance News) - Anglo Asian Mining PLC on Monday announced that it started production from Gilar, a new underground mine at the Gedabek site in Azerbaijan. Read More
(Alliance News) - Anglo Asian Mining PLC on Wednesday said it expects 2025 to be a "milestone" year for the firm, as it forecasts record copper and gold production. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Anglo Asian Mining PLC on Thursday confirmed full-year guidance as the company prepares to ram up production following a partial shut-down and period of overhaul. Read More
Anglo Asian Mining PLC - London-based gold, silver and copper producer focused on Azerbaijan - Provides production update for second quarter and first half ended June 30. Production remains low as has not yet completed tailings dam wall raise. Says administrative formalities related to wall raise to be completed imminently. In June said initial 2.5 metres of total 7 metre wall raise to be completed about three months from approval. To issue annual guidance in due course after full production resumes. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More