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IN BRIEF: Anglo Asian Lowers Output Forecast Amid Azerbaijan Conflict

24th Nov 2020 17:39

Anglo Asian Mining PLC - copper & gold producer in Azerbaijan - Reduces annual production guidance to between 68,000 and 72,000 gold equivalent ounces amid underground development delays due to engineering staff being conscripted amid Azerbaijan and Armenia conflict. Affirms forecast of annual revenue of USD100 million.

Current stock price: 121.00 pence

Year-to-date change: down 20%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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