The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAnglo Asian Share News (AAZ)

Share Price Information for Anglo Asian (AAZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 62.50
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 5.00 (8.333%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 62.50
AAZ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Anglo Asian to restart Gedabek operations on approval

Tue, 26th Sep 2023 21:47

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

Anglo Asian Mining PLC - Copper, gold and silver producer focused on Azerbaijan - Says the final Micon report was delivered on Tuesday to the company and the Government of Azerbaijan. Following the receipt of the report, the Prime Minister of Azerbaijan issued a press release saying that based on the report, the Gedabek plant can gradually restart operations. The restart of operations will take place in accordance with a timetable to be agreed with the Government. Anglo Asian and the government will also work together to implement Micon's recommendations for the Gedabek operation contained in the report.

----------

BSF Enterprise PLC - London-based biotechnology investor - Confirms allotment of 364,739 ordinary shares, constituting the 264,739 second tranche shares and the 100,000 financial PR shares, conditional to trading on the London Stock Exchange's Main Market at an issue price of 17 pence per share. Expects that admission will become effective on Wednesday.

----------

Power Metal Resources PLC - Metals exploration company focused on North America, Africa, and Australia - Hails escalation of high priority uranium target, based on a remote sensing study at its Badger Lake uranium project located in the Athabasca Basin, Saskatchewan, Canada. Says analysis finds distinct similarities between Badger Lake and the Arrow Deposit, owned and operated by Nexgen Energy Ltd. Plans to expedite the planned high-resolution electromagnetic UAV survey over Badger Lake, and reemphasises that the target at Badger Lake is an "extremely attractive exploration target". Chief Executive Officer Sean Wade says: "These findings could not come at a better time for shareholders and serve to highlight the huge potential value inherent in our uranium portfolio and in the Power Metal business model more generally."

----------

Ediston Property Investment Co PLC - London-based real estate investment trust focused on UK commercial property - Says shareholders have approved the sale of EPIC Group's property portfolio to RI UK 1 Ltd, a wholly owned subsidiary of Realty Income, for GBP200.8 million. This is prior to agreed deductions of approximately GBP4.0 million.

----------

Amte Power PLC - London-based lithium-ion and sodium-ion battery cells developer and manufacturer - Says shares were restored to trading on Tuesday in London at 1330 BST. Follows announcement on Monday that Amte would make an announcement regarding the launch of a retail offer following the lifting of the suspension of trading.

----------

Grafenia PLC - Manchester-based printing and software company - Says it will formally change its name to Software Circle PLC "in the coming days", as the relevant paperwork has been filed with Companies House. Adds that a further announcement will be made when the name change is formally effective. Upon the change of name becoming effective, the company's TIDM will change from "GRA" to "SFT". The ISIN and SEDOL numbers will remain unchanged.

----------

Croda International PLC - Yorkshire, England-based chemicals firm - Says Nicholas Ian Challoner, a member of the executive committee, sells 6,339 shares in the company at GBP49.16 each, coming to a total of GBP311,617 in shares.

----------

BioPharma Credit PLC - Specialist life sciences debt investment trust - Notes filing by LumiraDx Ltd, which discloses an amendment to the loan agreement entered into with BioPharma Credit PLC, BPCR Ltd Partnership, and BioPharma Credit Investments V LP. On September 25, LumiraDx entered into a twelfth amendment and waiver to the loan agreement of March 31. This amendment made several stipulations, including that the minimum liquidity covenant in the agreement is waived until October 11, provided that the consolidated liquidity of the company and its subsidiaries during this waiver period must be at least USD5 million, that the minimum net sales covenant for the trailing twelve-month period ended June 30 is waived. BioPharma Credit expects that the USD3.0 million Tranche D loan amount will be funded on Wednesday.

----------

ActiveOps PLC - Reading, England-based management process automation software provider for back-office operations - Launches ControliQ Series 3, a new version of its management process automation product. Says that ControliQ Series 3 has additional artifical intelligence features. Following the official launch in August, customers across multiple geographies and sectors are already using the new capabilities. ActiveOps intends to launch the ControliQ Series 4 in 2024.

----------

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
22 Jun 2023 12:00

IN BRIEF: Anglo Asian building two new mines, profit and revenue down

Anglo Asian Mining PLC - Azerbaijan-focused copper and gold producer - Says operational and financial performances in 2022 were within guidance. Ahead of annual general meeting, says revenue for 2022 was USD84.7 million, down 8.4% from USD92.5 million the year prior. Pretax profit decreased 40% to USD7.5 million from USD12.6 million. Company held cash of GBP20.4 million at December 31. Notes it produced a total of 57,618 gold equivalent ounces, down 11% from previous year due to lower gold grades of ore processed. Looking ahead, says it has an "ambitious but achievable growth strategy." It is currently building two new gold mines, Gilar and Zafar, and says Zafar will start producing ore later this year.

Read more
19 Jun 2023 14:31

IN BRIEF: Anglo Asian Mining announces forward sale of gold

Anglo Asian Mining PLC - Azerbaijan-focused copper and gold producer - Takes forward sale position for 4,600 ounces of gold bullion for seven months, starting from June. Says forward sales have been priced between USD1,949 and USD1,979.

Read more
15 Jun 2023 15:51

UK shareholder meetings calendar - next 7 days

Friday 16 June 
Alpha Growth PLCAGM
Anglo-Eastern Plantations PLCAGM
Gulf Keystone Petroleum LtdAGM
John Lewis of Hungerford PLCGM re proposed cancellation of admission to trading on AIM
Tesco PLCAGM
Woodbois LtdAGM
Monday 19 June 
All ThingsConsidered Group PLCAGM
Blackbird PLCAGM
Finsbury Food Group PLCAGM
Globalworth Real Estate Investments LtdAGM
Marlowe PLCGM re proposed capital reduction
Metals Exploration PLCAGM
Red Rock Resources PLCGM re security conversion into shares for cash
Savannah Resources PLCAGM
Tuesday 20 June 
Acceler8 Ventures PLCAGM
Afentra PLCAGM
Armadale Capital PLCAGM
Bay Capital PLCAGM
Blackrock Smaller Companies Trust PLCAGM
Block Energy PLCAGM
Corero Network Security PLCAGM
Coro Energy PLCAGM
Crimson Tide PLCAGM
Curtis Banks Group PLCAGM
EPE Special Opportunities LtdAGM
ICG-Longbow Senior Secured UK Property Debt Investments LtdAGM
Jersey Oil & Gas PLCAGM
Kore Potash PLCAGM
Lords Group Trading PLCAGM
Mission Group PLCAGM
North Atlantic Smaller Cos Investment Trust PLCAGM
Red Capital PLCAGM
Saga PLCAGM
SDX Energy PLCAGM
Skillcast Group PLCAGM
Zegona Communications PLCAGM
Wednesday 21 June 
Argentex Group PLCAGM
Clean Power Hydrogen PLCAGM
Eqtec PLCAGM
Hydrogen Utopia International PLCAGM
HSS Hire Group PLCAGM
Intelligent Ultrasound Group PLCAGM
JD.com IncAGM
RTW Venture Fund LtdAGM
Schroders Capital Global Innovation Trust PLCAGM
Sivota PLCAGM
Numis Corp PLCGM re acquisition by Deuche Bank AG
THG PLCAGM
UK Commercial Property REIT LtdAGM
Thursday 22 June 
Alphawave IP Group PLCAGM
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
boohoo Group PLCAGM
Card Factory PLCAGM
Ergomed PLCAGM
Futura Medical PLCAGM
Good Energy Group PLCAGM
Grand Vision Media Holdings PLCAGM
Longboat Energy PLCAGM
MaxRets Ventures PLCAGM
Pathfinder Minerals PLCAGM
RBG Holdings PLCAGM
Sanderson Design Group PLCAGM
Team17 Group PLCAGM
Trellus Health PLCAGM
Whitbread PLCAGM

 

Read more
31 May 2023 10:19

Anglo Asian hails extension to mineralisation at Gilar in Azerbaijan

(Alliance News) - Anglo Asian Mining PLC on Wednesday celebrated progress at one of its deposits in Azerbaijan, as drilling results confirmed an extension to previously reported mineralisation.

Read more
16 May 2023 17:00

IN BRIEF: Anglo Asian Mining annual profit falls amid lower production

Anglo Asian Mining PLC - Azerbaijan-focused copper and gold producer - Reports a pretax profit of USD7.5 million in 2022, down 40% from USD12.6 million the year prior. Revenue in the year totals USD84.7 million, down 8.4% from USD92.5 million. Anglo Asian says the drop in revenue was due to lower production and lower gold grades of ore mined at Gedabek. Production totals 57,618 gold equivalent ounces. Gold production falls to 43,114 ounces from 48,680 ounces the year prior. Copper productions drops to 2,516 tonnes from 2,649 tonnes. Silver production, meanwhile, rises to 182,046 ounces from 154,515 ounces year-on-year. Gold bullion sales total 34,918 ounces at an average price of USD1,783 per ounces. This compared to 39,563 ounces at an average price of USD1,799 per ounce the year prior. Looking forward, total production for 2023 is expected between 50,000 to 54,000 gold equivalent ounces. Declares a final dividend of 4 US cents per share, maintaining the full-year payout at the same level as 2021.

Read more
17 Apr 2023 16:34

TRADING UPDATES: Anglo Asian gold output down; Faron hails antibody

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
30 Mar 2023 19:20

TRADING UPDATES: Centamin targets reduction in greenhouse gases

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
27 Mar 2023 18:42

TRADING UPDATES: Sabien works with Empiric; Coro sells in Italy

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
21 Mar 2023 20:18

TRADING UPDATES: React Group optimistic; Cindrigo inks financing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
16 Mar 2023 20:21

TRADING UPDATES: Highbridge delays liquidation; Phoenix finds silver

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
16 Mar 2023 17:02

Anglo Asian completes initial study at Xarxar deposit

(Sharecast News) - Anglo Asian Mining, a gold, copper, and silver producer based in Azerbaijan, announced on Thursday that it has completed an initial geological block model and open pit optimisation study at the Xarxar deposit.

Read more
13 Mar 2023 14:00

Anglo Asian Mining initial exploration indicates copper at Xarxar

(Alliance News) - Anglo Asian Mining PLC on Monday said it has identified significant copper mineralisation at its Xarxar contract area in Azerbaijan.

Read more
13 Mar 2023 09:33

Anglo Asian Mining identifies 'significant' mineralisation at Xarxar asset

(Sharecast News) - Gold and copper producer Anglo Asian Mining said "significant copper mineralisation" had been identified at its Xarxar asset in Azerbaijan.

Read more
9 Mar 2023 15:50

IN BRIEF: Anglo Asian Mining secures seven-year financing agreement

Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver producer - Signs agreement for new AZN55 million, about USD32.3 million, revolving credit facility with the International Bank of Azerbaijan. Says the seven-year facility was entered into through Anglo Asian's wholly owned operating subsidiary, Azerbaijan International Mining Co. Adds that the facility will provide both additional finance and operational flexibility for its expansion plans.

Read more
9 Mar 2023 14:00

Anglo Asian signs new credit facility with local bank

(Sharecast News) - Gold, copper and silver producer Anglo Asian Mining has signed a new revolving credit facility agreement with the International Bank of Azerbaijan, it announced on Thursday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account