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Anglo Asian Mining plans to end 2015 and 2016 with profit

23 November 2015 09:51 (UTC +04:00)

Baku - APA-Economics. Anglo Asian Mining plans to end 2015 and 2016 with profit, President of the company Reza Vaziri told APA-Economics.

According to him, approximately $2.5 mln is expected to be earned in 2015: “This depends on price of the products to be remained unchanged. If the price remains unchanged, we’ll get profit”.

Vaziri said the as at the end of 2016, the profit is expected to be $16 mln: “However, this depends of price of the product”.

He noted Ordubad field is currently being explored: “We hope for good results in Agyurd field too. According to preliminary calculations, these fields will produce 200,000 ounces of gold”.