LONDON (Alliance News) - Anglo Asian Mining PLC Thursday said it has increased its JORC compliant gold resource at the Gedabek gold, copper and silver mine in western Azerbaijan by 29%. The gold producer said the resource update, which took into account new drilling results since August 201 Read More

Anglo Asian Mining Pretax Profit Drops Sharply

28th May 2014 08:47

LONDON (Alliance News) - Anglo Asian Mining PLC Wednesday said its pretax profit slumped in 2013 as expected, as it was hit by lower revenues, increased cost of sales and changes to the accounting treatment of certain items. The gold producer with operations in Azerbaijan said its pretax pr Read More

Anglo Asian Mining Secures To USD1.5 Million Six Month Loan

22nd May 2014 11:18

LONDON (Alliance News) - Anglo Asian Mining PLC Thursday said it has agreed to a USD1.5 million six-month loan from the International Bank of Azerbaijan (IBA) in order to help develop its Gedabek and Gosha mines. The gold producer said the loan, which has an all-inclusive annual interest ra Read More

Anglo Asian Mining Issues Second Profit Warning About 2013

14th May 2014 13:52

LONDON (Alliance News) - Anglo Asian Mining PLC Wednesday said that, as it continues finalising its full year 2013 results, its profitability for the year is expected to be even further impacted by increased cost of sales and the accounting treatment of certain items. The gold producer with Read More

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