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IN BRIEF: Anglo Asian pleased with three new concessions in Azerbaijan

29th Sep 2021 20:28

Anglo Asian Mining PLC - gold, copper and silver producer operating in Azerbaijan - Signs heads of terms with Azerbaijan government for three new concessions with a combined area of 882 square kilometres. Calls agreement "transformational milestone", and says the new concessions have considerable synergies and geographical proximity with existing mining properties. Two of the new concessions border the existing Gedabek and Gosha Contract Areas and the third new concession area is called Demirli and is adjacent to the Kyzlbulag Contract Area.

Current stock price: 132.50 pence

Year-to-date change: up 0.8%

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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