Anglo Asian Mining increases previous metal production

Anglo Asian Mining increases previous metal production
# 24 September 2014 07:41 (UTC +04:00)

Baku. Aynur Aliyeva – APA-Economics. Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, is pleased to announce its interim results for the six months ended 30 June 2014

Improved H1 2014 production figures from flagship Gedabek gold, silver and copper mine in Azerbaijan from agitation and heap leaching and SART processing:

Gold production of 27,054 ounces (H1 2013: 17,497 ounces)

Silver production of 21,924 ounces (HI 2013: 10,661 ounces)

Copper concentrate production of 646 dry metric tonnes ("dmt") (H1 2013: 285 dmt)

Moreover, the revenue made $32.7 million (H1 2013: $27.6 million), and the loss before tax of US$7.5 million (H1 2013: profit before tax of US$4.2 million).

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THE OPERATION IS BEING PERFORMED