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Anglo Asian (AAZ) Share News

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IN BRIEF: Anglo Asian loses director on Libero board as stake falls

16th Feb 2024 12:55

Anglo Asian Mining PLC - Azerbaijan-focused copper, gold and silver producer - Non-Executive Director Michael Sununu resigns from the board of Libero Copper & Gold Corp, after Anglo Asian Mining's stake in Libero falls to 5.7%, lower than the 9.9% threshold that entitles the company to maintain a director on the board of Libero. Anglo Asian Mining says its holding in Libero has reduced as it has not participated in several recent rounds of financing. Read More

IN BRIEF: Anglo Asian climbs amid copper resource discovery at Xarxar

25th Jan 2024 11:51

Anglo Asian Mining PLC - Azerbaijan-focused copper, gold and silver producer - Confirms significant copper resource at Xarxar following drilling. Says drill results will form part of a forthcoming JORC mineral resource estimate for the Xarxar deposit. Further infill and extension drilling will be planned, along with a metallurgical testwork programme and geometallurgical modelling, Anglo Asian says, once the MRE is published. A mining trade-off study including a mine design and a production plan will also be prepared. Vice President Stephen Westhead says: "We are delighted to announce the findings of our recent drilling campaign at Xarxar, confirming internal estimates regarding the presence of significant quantities of copper at the deposit. This reaffirms the potential size of the mineral deposit that can be brought into production." Read More

Anglo Asian commits to Global Industry Standard on Tailings Management

19th Jan 2024 12:02

(Alliance News) - Anglo Asian Mining PLC on Friday said it will implement the Global Industry Standard on Tailings Management at its operations at Gedabek, Azerbaijan. Read More

Anglo Asian Mining production drops amid temporary suspension

15th Jan 2024 09:55

(Alliance News) - Anglo Asian Mining PLC on Monday said fourth quarter production was "significantly reduced" due to partially suspended operations, but said mining activity at Gedabek has resumed. Read More

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

8th Jan 2024 08:40

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks. Read More

Anglo Asian Mining expects Gilar site to begin production in mid-2024

12th Dec 2023 10:42

(Alliance News) - Anglo Asian Mining PLC announced on Tuesday the purchase and delivery of Caterpillar Inc equipment to its Gedabeck mine site, where it expects production to commence in mid-2024. Read More

TRADING UPDATES: Surface Transforms signs GBP13.2 million loan deal

11th Dec 2023 17:54

(Alliance News) - (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 shares soar as mining restarts after environmental audit

7th Nov 2023 11:55

(Alliance News) - Anglo Asian Mining PLC on Tuesday said its full-year gold production target is unchanged, as it begins to restart operations after agreeing an environmental action plan with the Government of Azerbaijan. Read More

AIM WINNERS & LOSERS: Naked Wines cuts outlook and CEO steps down

7th Nov 2023 10:44

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

Anglo Asian Mining identifies further mineralisation at Gilar deposit

23rd Oct 2023 13:56

(Alliance News) - Anglo Asian Mining PLC on Monday said further drill results at the Gilar deposit confirm an extension to the mineralisation reported by previous drilling. Read More

IN BRIEF: Anglo Asian says production hurt by suspension at Gedabek

16th Oct 2023 14:37

Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver producer - Produces 5,295 gold equivalent ounces in the third quarter of the year. In the nine months to September 30, produces 28,686 gold equivalent ounces. Net cash at September 30 of USD1.6 million, down 83% from USD9.6 million at June 30 as a result of a final dividend payment of USD4.6 million for 2022. Read More

Anglo Asian Mining draws down USD10 million from Azerbaijan bank

9th Oct 2023 17:22

(Alliance News) - Anglo Asian Mining PLC on Monday said that it drew down a USD10 million tranche from the International Bank of Azerbaijan. Read More

TRADING UPDATES: NWF trades in line with expectations

28th Sep 2023 17:24

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

AIM WINNERS & LOSERS: Bradda shares surge on updated resource estimate

28th Sep 2023 10:44

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

TRADING UPDATES: Anglo Asian to restart Gedabek operations on approval

26th Sep 2023 21:47

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

LONDON MARKET MIDDAY: FTSE 100 flat as markets remain on edge

26th Sep 2023 12:22

(Alliance News) - The FTSE 100 was largely unmoved midday Tuesday, while European peers declined, as troubling developments in the world's two largest economies kept the market in a risk-off mood. Read More

Anglo Asian Mining shares plunge 40% as profit drops in first half

26th Sep 2023 11:13

(Alliance News) - Anglo Asian Mining PLC on Tuesday said profit fell in the first half of 2023, as revenue declined and cost of sales increased. Read More

AIM WINNERS & LOSERS: Bowleven shares drop on concern for cash runaway

26th Sep 2023 10:39

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

Anglo Asian Mining shares up, expects Gebabek safety report next week

12th Sep 2023 17:35

(Alliance News) - Anglo Asian Mining PLC on Tuesday said a draft report by Micon International Ltd on the Gebabek dam in Azerbaijan has now been prepared and is expected to be finalised next week. Read More

CORRECT: Anglo Asian suspends flotation plant operation before report

3rd Aug 2023 11:34

(Correcting to clarify that cyanide levels at Anglo Asian Mining PLC's existing tailings dam in Azerbaijan were below the legal limit.) Read More

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