(Alliance News) - Anglo Asian Mining PLC on Wednesday celebrated progress at one of its deposits in Azerbaijan, as drilling results confirmed an extension to previously reported mineralisation. Read More
Anglo Asian Mining PLC - Azerbaijan-focused copper and gold producer - Reports a pretax profit of USD7.5 million in 2022, down 40% from USD12.6 million the year prior. Revenue in the year totals USD84.7 million, down 8.4% from USD92.5 million. Anglo Asian says the drop in revenue was due to lower production and lower gold grades of ore mined at Gedabek. Production totals 57,618 gold equivalent ounces. Gold production falls to 43,114 ounces from 48,680 ounces the year prior. Copper productions drops to 2,516 tonnes from 2,649 tonnes. Silver production, meanwhile, rises to 182,046 ounces from 154,515 ounces year-on-year. Gold bullion sales total 34,918 ounces at an average price of USD1,783 per ounces. This compared to 39,563 ounces at an average price of USD1,799 per ounce the year prior. Looking forward, total production for 2023 is expected between 50,000 to 54,000 gold equivalent ounces. Declares a final dividend of 4 US cents per share, maintaining the full-year payout at the same level as 2021. 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
(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
(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
(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
(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
(Alliance News) - Anglo Asian Mining PLC on Monday said it has identified significant copper mineralisation at its Xarxar contract area in Azerbaijan. Read More
Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver producer - Signs agreement for new AZN55 million, about USD32.3 million, revolving credit facility with the International Bank of Azerbaijan. Says the seven-year facility was entered into through Anglo Asian's wholly owned operating subsidiary, Azerbaijan International Mining Co. Adds that the facility will provide both additional finance and operational flexibility for its expansion plans. Read More
(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
(Alliance News) - Anglo Asian Mining PLC on Wednesday said that it has placed orders for the major items of equipment required for production from its new Zafar and Gilar mines. Read More
(Alliance News) - Anglo Asian Mining PLC on Tuesday said that it has completed a mining scoping study for the Zafar underground mine, located close to the Gedabek processing facilities in Azerbaijan. Read More
(Alliance News) - Anglo Asian Mining PLC on Monday said it made a fourth investment in Libero Copper & Gold Corp, an exploration company focusing on projects in Colombia and Argentina, for CAD480,000, about USD355,000. Read More
(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
(Alliance News) - Anglo Asian Mining PLC on Wednesday said the portal to the Gilar mine in Azerbaijan has been completed, with underground tunnelling now underway to access the mineral deposit. Read More
IN BRIEF: Anglo Asian Mining PLC - London-based gold, copper and silver producer focused on Azerbaijan - Produces 57,618 gold equivalent ounces in 2022, down 11% from 64,610 a year prior. Cash as at December 31 grows 33% to USD20.3 million from USD15.3 million at September 30. Company says it made "significant" progress at its Zafar copper-gold deposit, where a mine design is almost finalised. 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
(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
(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
(Alliance News) - Anglo Asian Mining PLC said on Tuesday it will double the capacity of its Zafar flotation plant in Azerbaijan. Read More