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Anglo Asian Mining cuts output in Azerbaijan

Economy Materials 16 October 2023 15:38 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 16. Anglo Asian Mining PLC extracted 28,680 ounces of gold equivalent in Azerbaijan from January through September 2023, which is 33.4 percent less year-on-year, Trend reports.

The data from the company shows that gold production decreased by 41.3 percent to 18,771 ounces, copper production increased by 11.6 percent to 2,111 tons, and silver production decreased by 65.2 percent to 50,272 ounces from January through September 2023.

In addition, the company produced 17,340 ounces of gold, down 41.3 percent, and 7,920 ounces of silver, down 64.2 percent, from the Gadabay doré deposit from January through September 2023.

Anglo Asian Mining PLC is a gold, copper, and silver producer with a broad portfolio of production and exploration assets in Azerbaijan. The company's portfolio includes an area of 1,962 square kilometers.

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