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Pin to quick picksAnglo Asian Share News (AAZ)

Share Price Information for Anglo Asian (AAZ)

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Share Price: 65.50
Bid: 63.00
Ask: 68.00
Change: 2.00 (3.15%)
Spread: 5.00 (7.937%)
Open: 63.50
High: 65.50
Low: 63.50
Prev. Close: 63.50
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Anglo Asian Mining increases gold production

Fri, 20th Jan 2012 12:04

Anglo Asian Mining, an AIM-listed gold producer, was heading higher after revealing positive data at its flagship Gedabek gold/copper mine in Azerbaijan. The firm has achieved an increase in gold production at Gedabek during the fourth quarter of 2011, with output rising quarter-on-quarter from 13,166oz to 15,292oz. Full year production totalled 57,068 oz gold. Chief Executive Officer Reza Vaziri said: "Solid gold production and a favourable gold price has provided for a strong performance in 2011 for Anglo Asian. Our strong operational performance has enabled us to accelerate the repayment of loans, reduce debt ahead of schedule and build a strong cash position, which stood at $9.8m at 31 December 2011. "Looking ahead to 2012, we are focussed on increasing the company's total resource base, which based on data available at June 2010 stood at 791,000 oz of gold, 49,300 tonnes of copper and 7,597,000 oz of silver for all categories, by Q1 2012 and in turn to calculate a JORC compliant reserve estimate thereafter."The share price rose 4.97% to 4.22p by 12:41.NR
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3 Apr 2018 13:35

Anglo Asian Mining Pays Back Entirety Of Loan From CEO

LONDON (Alliance News) - Anglo Asian Mining PLC said Tuesday it has fully repaid a USD4.0 million loan from Chief Executive Reza Vaziri.The loan was due

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30 Nov 2016 09:14

Anglo Asian's mine cuts costs by connecting to grid

(ShareCast News) - Anglo Asian Mining's Gedabek site has been connected to the Azerbaijan national power grid in order to use cheaper power from diesel generators and enable it to expand production. Connection to the Azerbaijan national power grid is expected to generate annual savings of about $2.3

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17 Oct 2016 08:39

Anglo Asian Mining announces new Azerbaijan gold discovery

(ShareCast News) - Gold, copper and silver producer Anglo Asian Mining announce a new gold discovery named 'Ugur' on Monday, within its Gedabek licence area in western Azerbaijan. The AIM-traded firm said it fell in line with the company's strategy to continue to expand the potential resource at the

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13 Oct 2016 12:50

Anglo Asian's Azerbaijan gold output down 8 pct in Jan-Sept

BAKU, Oct 13 (Reuters) - Azerbaijan's top gold producer Anglo Asian Mining said on Thursday its January-September output was 7.8 percent lower than in the same period last year at 49,874 ounces and it was cutting its 2016 production target. The company reduced its 2016 output target to 69,0

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12 Sep 2016 10:21

Anglo Asian Returns To Profit But Production Guidance Is Lowered

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12 Sep 2016 08:50

Anglo Asian Mining returns to profit but reduces gold production target

(ShareCast News) - Azerbaijani gold, copper and silver explorer Anglo Asian Mining returned to profit in the first half of the year, but reduced its target gold production. For the six months ended 30 June, profit before tax increased to $3.5m after a $4.1m loss last year. Revenue decreased slightly

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14 Jul 2016 14:46

Anglo Asian production well ahead in first half

(ShareCast News) - Azerbaijan-focused gold, copper and silver producer Anglo Asian Mining posted an operations and production update for its Gedabek mine in western Azerbaijan on Thursday. The AIM-traded firm said that, for the six months to 30 June, gold production totalled 33,837 ounces, down from

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14 Jul 2016 11:04

Anglo Asian's Azerbaijan first-half gold output down 6 percent

BAKU, July 14 (Reuters) - Azerbaijan's top gold producer Anglo Asian Mining said on Thursday its first-half output fell 5.9 percent to 33,837 ounces but that it was keeping its 2016 production target unchanged at 73,000 to 77,000 ounces. In 2015, the company increased its gold output by 19

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14 Jul 2016 10:10

Anglo Asian Mining Bullish For 2016 Production On Improved Quarter

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29 Jun 2016 14:56

Anglo Asian Mining takes advantage of strong gold price

(ShareCast News) - Azerbaijan-focused gold, silver and copper producer Anglo Asian Mining announced on Wednesday that it has taken advantage of the recent strength in the gold price and entered into a transaction to hedge 18,000 ounces of its gold sales for the remainder of 2016. The AIM-traded firm

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29 Jun 2016 09:07

Anglo Asian Enters Deal To Hedge 18,000 Ounces Of Gold Sales

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27 Jun 2016 11:31

Anglo Asian Mining Positive On Meeting Production Targets In 2016

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20 Jun 2016 15:02

UK Shareholder Meetings Calendar - Next 7 Days

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25 May 2016 11:22

Record Gold Production At Anglo Asian To Continue Growing In 2016

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13 Apr 2016 08:02

Anglo Asian Still Expects Small Growth In Gold Production Despite Fall

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