Last checked at 11 Sep 2017 09:47
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining
11 September 2017
Anglo Asian Mining plc
Technical Presentation to the Conference of Metallurgists 2017 - Vancouver, Canada
Anglo Asian Mining plc ("Anglo Asian" or "the Company"), the AIM listed gold, copper and silver producer, announces that John Monhemius (Independent non-executive director of the Company) presented a technical paper to the Conference of Metallurgists in Vancouver, Canada on 30 August 2017. The title of the paper was "Flotation and Leaching at Anglo Asian Mining's Gedabek Gold and Copper mine in Azerbaijan". The paper was written by John Monhemius, Farhang Hedjazi and Homayoun Saeedi. Farhang Hedjazi and Homayoun Saeedi are both employees of the Company.
The paper can be accessed via the following link:
http://www.rns-pdf.londonstockexchange.com/rns/2901Q_-2017-9-8.pdf
A presentation regarding the technical paper is also available on the Anglo Asian website: http://www.angloasianmining.com.
**ENDS**
For further information please visit http://www.angloasianmining.com or contact:
Reza Vaziri | Anglo Asian Mining plc | Tel: +994 12 596 3350 |
Bill Morgan | Anglo Asian Mining plc | Tel: +994 502 910 400 |
Stephen Westhead | Anglo Asian Mining plc | Tel: +994 502 916 894 |
Ewan Leggat | SP Angel Corporate Finance LLP Nominated Adviser and Broker | Tel: +44 (0) 20 3470 0470 |
Soltan Tagiev | SP Angel Corporate Finance LLP | Tel + 44 (0) 20 3470 0470 |
Lottie Brocklehurst | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Susie Geliher | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Notes: About Anglo Asian Mining plc
Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 square kilometre portfolio, assembled from analysis of historic Soviet geological data and held under a Production Sharing Agreement modelled on the Azeri oil industry.
The Company developed Azerbaijan's first operating gold/copper/silver mine, Gedabek, which commenced gold production in May 2009. Gedabek is an open cast mine with a series of interconnected pits. The Company also operates the high grade
Gadir underground mine which is co-located at the Gedabek site. The Company has a second underground mine, Gosha, which is 50 kilometres from Gedabek. Ore mined at Gosha is processed at Anglo Asian's Gedabek plant.
Gold production for the year ended 31 December 2016 from Gedabek totaled 65,394 ounces with 1,941 tonnes of copper also produced. Gedabek is a polymetallic deposit and its ore has a high copper content, and as a result the Company produces copper concentrate from its Sulphidisation, Acidification, Recycling, and Thickening (SART) plant. Anglo Asian also produces a copper and precious metal concentrate from its flotation plant, which is processing tailings from the agitation leach plant.
Anglo Asian is also actively seeking to exploit its first mover advantage in Azerbaijan to identify additional projects, as well as looking for other properties in order to fulfil its expansion ambitions and become a mid-tier gold and copper metal production company.