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IN BRIEF: Anglo Asian Mining produces less gold but notes progress

16th Jan 2023 14:32

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.

Current stock price: 104.10 pence, up 3.1% on Monday

12-month change: down 9.1%

By Tom Budszus, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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