Anglo Asian Share News (AAZ)

UK WINNERS & LOSERS: RSA Rises As Baltic, Polish Operations Sold Off

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- RSA Insurance Group, up 2.3%. The insurer said it has sold its operations in the Baltics and Poland for GBP30

Anglo Asian Reduces 2014 Production Target

LONDON (Alliance News) - Anglo Asian Mining PLC Thursday revised expected production from its new agitation leaching plant at Gedabek in Azerbaijan and dropped its 2014 gold production target despite significantly increasing production in its first quarter. The miner said gold production in

BAE Chairman shows confidence despite weaker outlook

The newly appointed Chairman of BAE Systems made a show of faith on Thursday after the group gave a weaker outlook for the year ahead in its final results. Sir Roger Carr, who was promoted from his previous role as a non-executive director at the beginning of this month, acquired himself a stake

Anglo Asian misses 2013 Azerbaijan gold production target

BAKU, Jan 28 (Reuters) - Azerbaijan's main gold producer said on Tuesday it missed its output goal for 2013 due to bad weather and processing problems, but said it still aimed to increase output more than fivefold by next year. London-listed Anglo Asian Mining Plc said it raised production

DIRECTOR DEALINGS: Anglo Asian Mining Non-Executive Exercises Options

LONDON (Alliance News) - Anglo Asian Mining PLC Thursday said non-executive Director John Monhemius exercised options over 150,000 shares at an exercise price of 11.5 pence per share Wednesday. Following this transaction, Monhemius has an interest in a total of 205,556 shares, which represe

UK MIDDAY BRIEFING: UK Companies Start To Feel Sterling Pinch

LONDON (Alliance News) - UK companies Wednesday started to warn that they are facing a profit hit from the gains sterling has made over the last six months, as revenues they bring back from sales overseas are worth less when translated into pounds. Luxury fashion house Burberry Group, polym

UK WINNERS & LOSERS: Burberry Leads FTSE 100; Centrica, SSE Hit By Downgrade

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS Burberry Group, up 5.2%. The luxury fashion retailer has reported that its retail revenue rose 14% in the third quarter, w

Anglo Asian Misses 2013 Production Target, Expects Lower Profits

LONDON (Alliance News) - Anglo Asian Mining PLC Wednesday said it missed its production target for 2013 and expects to report lower overall profit in its upcoming full-year results. The gold producer with operations in Azerbaijan said that despite increasing its production to 52,068 ounces

Anglo Asian Mining misses FY production target, profit hit

Shares in AIM-listed Anglo Asian Mining lost a fifth of their value on Wednesday morning after missing its 2013 production target, causing a 'significant' impact on the company's profitability. Hit by poor weather conditions, for the year gold production at its flagship Gedabek mine totalled 52,06

UK MORNING BRIEFING: Shares Open Higher; Burberry Jumps On Sales Report

LONDON (Alliance News) - UK shares have opened higher Wednesday on the back of better economic news from the US Tuesday.

British luxury fashion retailer Burberry joined the list of holiday sales winners, reporting that retail revenue rose 14% in its third quarter.

Anglo Asian encounters high-grade gold zone north of Gedabek

Anglo Asian Mining said it has discovered a high-grade gold zone just north of its flagship Gedabek mine in Azerbaijan. The group's 3,000-metre drilling programme revealed additional gold interceptions including six metres of seven grams per tonne (g/t) from 277 metres to 283 metres, 10 metres of 3

STOCKS NEWS EUROPE-UK small caps fall 0.3 pct

The FTSE small cap index falls 0.3 percent, broadly in-line with the blue-chip FTSE 100, but underperforming flat junior-listed FTSE AIM All Share Index. AIM-listed gold producer Anglo Asian Mining gains 2.8 percent after announcing a positive exploration update from new drillings at its Ge

Anglo Asian Mining Increases Gold Estimate At Gedabek Mine

Anglo Asian Mining reports record gold production

Anglo Asian Mining's shares rose after reporting record gold production in the third quarter at its flagship Gedabek mine in Azerbaijan. The company achieved gold output of 20,242 ounces at Gedabek - the most since the mine first started production in May 2009 - bringing the total for the first ni

Anglo Asian Gold Production Up 31% On New Plant In Azerbaijan