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Thought it worthbring to your attention as news by end of August,via laresr RNS.

RNS Number : 3987Q
Anglo Asian Mining PLC
03 August 2010
?
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining
3 August 2010
Anglo Asian Mining plc ('Anglo Asian' or 'the Company')
Phase I of the Realistic Mineral Resources Model Report - Gedabek Update

Anglo Asian Mining plc, the AIM quoted gold producer, announces that it has been
advised by its mining consultants, SGS Mineral Services ('SGS'), that the final
JORC compliant resource results of Phase I of the Realistic Mineral Resources
Model Report ('the Report') at the Company's Gedabek gold/copper mine in
Azerbaijan ('Gedabek'), are now expected to be available by the end of August
2010. The resource upgrade, which SGS has indicated will exceed existing
figures by at least 50% for the measured, indicated and inferred gold, copper
and silver metal contents at Gedabek (RNS:13 April 2010), is well progressed,
however additional work required at the modelling stage has necessitated a
longer timetable than expected. Gedabek's resource currently stands at 702,000
ounces of gold, 37,500 tonnes of copper and 6,100,000 ounces of silver.

The Report represents the first phase of SGS's work; the second phase of the
project will involve in-fill drilling to increase the reliability of the results
obtained from the original drill holes and for metallurgical/environmental
assessment of the mineralisation. This work is expected to be completed in Q4
2010/Q1 2011 and will increase the Board's confidence in the new resource
evaluations. It is the Board's intention to prepare a new Mineral Reserves
Statement after completion of the second phase of the project in order to comply
with the JORC Code for producing mines by first half of 2011.
**ENDS**

http://www.investegate.co.uk/Article.aspx?id=201101100700051330Z
http://www.investegate.co.uk/Article.aspx?id=201104060700073739E

http://www.investegate.co.uk/Article.aspx?id=201105260700112995H

http://www.investegate.co.uk/Article.aspx?id=201107110700080987K


http://www.kitco.com
 Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining 15 June 2011 Anglo
http://www.investegate.co.uk/Article.aspx?id=201110250700257564Q
http://www.investegate.co.uk/Article.aspx?id=201205100700130166D
http://www.investegate.co.uk/Article.aspx?id=201205230700128773D
http://www.investegate.co.uk/Article.aspx?id=201206070700058471E
http://www.moneyam.com/action/news/showArticle?id=4448509
http://www.investegate.co.uk/Article.aspx?id=201210080700051083O
http://www.investegate.co.uk/anglo-asian-mining-%28aaz%29/rns/q4-2012-production-and-operations-update--gedabek/201301090700061182V/
http://www.investegate.co.uk/anglo-asian-mining--aaz-/rns/gedabek---gosha-gold-mining-update-azerbaijan/201309110700106797N/
http://www.investegate.co.uk/anglo-asian-mining--aaz-/rns/interim-results/201309260700089223O/
http://www.investegate.co.uk/anglo-asian-mining--aaz-/rns/record-gold-production-q3-2013---gedabek/201310100700081597Q/
http://www.moneyam.com/action/news/showArticle?id=4728736

Yes - enormous potential here.

Up 0.75p, yet no volume?
cyril

Well i did try and tell you,up over 40% in 2 weeks and could be a lot more to come?
cyril


TIDMAAZ

RNS Number : 0063S
Anglo Asian Mining PLC
01 September 2010

?
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining
1 September 2010
Anglo Asian Mining plc ('Anglo Asian' or 'the Company')
Interim Results

Anglo Asian Mining plc, the AIM listed emerging gold producer, is pleased to
announce its interim results for the six months ended 30 June 2010.

Overview
� Maiden profit before tax of $6.2 million
� Gross profit of $12.3 million
� Revenue of $28.4 million
� Gold production at Gedabek continued to increase quarter on quarter with
production for six months to 30 June totalling 28,493 oz Au
� Gold production target for FY 2010 increased to 60,000 oz Au
� Produced gold at an average cash operating cost of US$324 per oz Au
including the
Government of Azerbaijan's share and $372 per ounce Au net of
the Government of Azerbaijan's share for six months to 30 June 2010
� Commencement of production from SART with copper concentrate containing
approximately
79 tonnes of Cu, 670kg Ag and 12kg Au produced in the period
� First indications from SGS's review of Gedabek's resource data suggest an
uplift of 25% to 30% in the Au content of the Measured and Indicated category,
including ore mined up until 7 June 2010
� 6.4 million tonnes of resource newly advanced to Measured category
� Commenced repayment of loans to the International Bank of Azerbaijan
� Focussed on developing 1,962 sq km gold/copper exploration portfolio with
the aim of
replicating success at Gedabek and developing additional mining
operations

Anglo Asian's CEO Reza Vaziri said, "This has been a transformational period for
our Company, as we emerge as a profitable, cash generative gold production
company in Central Asia. To this end, we have seen our gold production
capabilities at Gedabek continuing to improve month on month, and coupled with
the favourable gold price, this has led to increasing revenues and a substantial
improvement in our balance sheet. With SART copper/silver production expected
to be fully operational imminently, we look forward to copper and silver sales
also benefiting our bottom line in FY 2011.

"Looking ahead to 2011, as well as continuing to focus on the success of Gedabek
as a low cost, profitable gold mine, we will be actively looking to increase the
Company's production profile through the continued exploration of the Ordubad
and Gosha Contract Areas. With our improving resource position at Gedabek,
together with our exploration opportunities, I believe we have a clear business
plan and will see solid growth enhancing shareholder value for the coming year."

Breached 30p,what a great looking chart.
cyril

It just gets better.
cyril


Azerbaijan to sell first copper in late 2010
Posted on: Sat, 11 Sep 2010 14:06:51 EDT
Sep 11, 2010 (Trend News Agency - McClatchy-Tribune Information Services via COMTEX) --

Anglo Asian Mining plc, the only gold producer in Azerbaijan, plans to sell its first copper by late 2010, the company has said.

Copper concentrate produced in March-June contained about 79 tons of copper, 670 kilograms of silver and 12 kilograms of gold, the company reported. The copper concentrate had a very high moisture content, and therefore a new filtration system was introduced. In this regard, the company expects that the operation will reach full capacity by late September 2010.

"We are in the process of evaluating options for the implementation of our copper concentrate and plan to make the first sales in the second half of this year, after approval of protocols of sales with the government," the company said.

In February, the company launched the process of recovering and refining of copper. Its plant has a capacity of 1,800 tons of copper concentrate per year, although the volume of production will depend on the mineralogy of ores and process efficiencies.

The company Anglo Asian Mining PLC has the rights to develop six fields in the south-west of Azerbaijan -- Gedabey, Ordubad, Gosha Bulag, Gizil Bulag, Vejnali and Soyutlu -- based on the PSA agreements signed with the Azerbaijani government
in August 1997.

Do you have any feedback? Contact our journalist at: trend@trend.az
http://www.tradingmarkets.com/news/stock-alert/agxkf_azerbaijan-to-sell-first-copper-in-late-2010-1162774.html

I am in another gold/platinum company called PAF--now about 8.50p-i bght some shares earlier this year in PAF at @.670p--and they are looking very good at present with a tremendous future growth ahead of them--but I am also tempted to buy some AAZ--just hope i am not too late to jump on board!--they seem to have had such a good run in past month or so but as "niceonecyril" says there is probably alot more upside to be seen in the months ahead if not weeks!--any comments or advices are most welcome!--LOL

should have read--6.70p and not .670p !!--PAF that is!

Also in PAF have been for sometime and also glad to see some movement in the right direction at last. in at 6.9p

Blue face; SP answering your question,JORC not to far away and if it's as good as indicated then ??
cyril

Just look at that chart", wow".
Simply amazed of so little interest in this gem?
cyril

Gold almost 1290oz,interesting day tomorrow?
cyril

Thats not a chart,it's a rocket lauching pad?
cyril

http://ul.reurers.com/idUKANT94779820100929

cyrilL


2010-finmin

Digg This Tweet ThisShare on LinkedIn Share on FacebookRelated NewsIMF says sold 594,000 ounces gold in August
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Quotes
Anglo Asian Mining Plc
AAZ.L
37.50p
-1.75-4.46%10/01/2010
BAKU, Sept 29 | Wed Sep 29, 2010 3:01pm BST

BAKU, Sept 29 (Reuters) - Azerbaijan's gold reserves could exceed 300 kg this year, Finance Minister Samir Sharifov said on Wednesday, as the country uses oil export revenues to add to central bank holdings.

He said Azerbaijan had received a first batch of 99.5 kg in the spring, produced in Switzerland from gold extracted in the former Soviet republic.

"In the near future we will receive the second batch of more than 100 kg, and by the end of the year another batch that will exceed the previous," Sharifov told reporters.

Gold has been a favoured investment among central banks worldwide as a hedge against inflation, and economic uncertainty and volatility in currency markets have helped increase its popularity.

Anglo Asian Mining (AAZ.L) began gold production at Azerbaijan's Gedabek gold and copper mine, 350 km west of the capital Baku, in May 2009.

The AIM-listed company, whose chief executive is Reza Vaziri, is controlled by firm R.V. Investment Group Services. The Azeri government owns 49 percent.

Anglo Asian Mining said last week it planned to boost gold production in Azerbaijan to 60,000-65,000 ounces this year from a previous forecast of 53,500 ounces.

The company has extracted 1.6 tonnes of gold in Azerbaijan since 2009 and plans to extract a total of 22 tonnes of gold from Gedabek. It envisages exploration of seven mines in western Azerbaijan with estimated gold reserves of 430 tonnes. (Reporting by Lada Yevgrashina; Writing by Matt Robinson in Tbilisi; Editing by Jane Baird)

4 October 2010

Anglo Asian Mining plc ('Anglo Asian' or 'the Company')

Quarterly Operations Update



Anglo Asian Mining plc, the AIM listed emerging gold producer, is pleased to provide an update for the quarter ended 30 September 2010 on operations at its flagship Gedabek gold/copper mine ('Gedabek') in Azerbaijan.



Overview

Record quarterly gold production figure of 19,214 oz at Gedabek

Production for nine months to 30 September 2010 totals 47,711 oz Au

On track to achieve 60,000 oz Au production target for the year to 31 December 2010

224,000 tonnes of gold dry ore transferred during Q3 2010 onto the leach pad with an average gold content of 4.3 g/t

SART now fully operational - revenues from copper and silver sales expected to positively impact FY 2011 financials



Anglo Asian CEO Reza Vaziri said, "This has been an exceptional quarter in terms of gold production, which has seen us strengthen our position as a profitable, cash generative gold production company in Azerbaijan. Importantly, efficiencies at our flagship Gedabek mine also continue to improve, which I believe will help us achieve our 60,000 oz gold production target for 2010. With the SART processing plant now fully operational we hope to see our profitability strengthen in the future through the additional sale of copper and silver concentrates. This, in conjunction with increasing gold production, a favourable gold price and increasing the resource base, ideally places us to capitalise on our first mover advantage in the region."



During the quarter ended 30 September 2010, the Company produced 19,214 oz of gold ('Au'), bringing total production for nine months to 30 September 2010 to 47,711 oz Au. The winter calendar quarters at Gedabek provide a more testing environment for mining and production but taking account of this, and the improving production efficiencies at Gedabek, the Board anticipates that the Company will achieve its production target to 31 December 2010 of 60,000 oz Au. The buoyant gold price has also seen Anglo Asian completing gold sales at an average of $1,229 per oz for the months July 2010 to end of September 2010.



The following summary table of gold production and prices highlights the quarter-on-quarter increase in gold production at Gedabek over the past year.



Quarter ended
Gold Produced (including Govt. of Azerbaijan's share) (oz)
Weighted Average Gold Sale Price

(US$)

31 Dec 2009
7,620
1,090

31 Mar 2010
13,661
1,102

30 June 2010
14,836
1,197

30 Sept 2010
19,214
1,229






In terms of processing, during the quarter the Company transferred 224,000 tonnes of dry ore onto the leach pad with an average gold content of 4.3g/t. For the year to date, Anglo Asian has transferred 609,000 tonnes of dry ore onto the leach pad with an average gold content of 4.35g/t.



During the quarter, Anglo Asian installed a further storage pond, bringing the total on site to three. The storage ponds facilitate the overflow of solution from the Barren Leach Solution and Pregnant Leach Solution ponds.



The Company's Sulphidisation, Acidification, Recycling, and Thickening ('SART') process for the recovery of the copper and silver dissolved in the leaching solution is now fully operational. The copper is recovered in the form of a precipitated copper sulphide concentrate by-product, which also contains silver with commercial value. For the three months to 30 September 2010 the Company produced copper concentrate that contained approximately 60 tonnes of copper ('Cu'), 510 kg of silver ('Ag') and 8 kg Au. In order to reduce moisture content in the concentrate, Anglo Asian will be introducing new filters in Q4 2010. The Company also expects first sales of copper and silver to be made in Q4 2010, once a sales protocol has been agreed with our Government partners, which will positively impact FY2011 financials.



During Q3 2010, Anglo Asian repaid $4.8 million of its loan with the International Bank of Azerbaijan ('IBA') bringing the outstanding loan balance to $36.3 million as at 30 September 2010. Of the amount repaid in the quarter, $1.25 million was paid ahead of schedule. In addition, Anglo Asian has an outstanding loan of $1m with Reza Vaziri, Anglo Asian CEO, which it plans to repay in November 2010.



**ENDS**

cyril

F

Now where's that JORC,can't be far off?
cyril

Onwards and Upwards today,with the price of gold and JORC on the way not surprising.
But what is,yje lack of interest in this and AGQ,both looking very strong in the preious metals bubble?
cyril

Comments from someone who attende the Mines and Money exhibition,topped up on the strength of it.
cyril

Highlights:

1 Gedabek has had considerable further drilling since June. Results expected soon.

2 Exploration update at Gosha expected in 1st quarter 2011.

3 Gosha would be a separate operation to Gedabek with it's own production facility. They possibly could transfer the ore via roads to Gedabek but there is no need to do this.

4 Maarif exploration is mainly copper, awaiting results of recent drilling.

5 They are aware they need to update shareholders more regulary on whats happening with exploration etc.. other investors had also pointed this out. I was informed this will change in the New Year and they are taking this matter very seriously now they have the cashflow to do so.

6 The Website will be updated in the new year and will include regular exploration updates.

7 SART proceeds will start in 1st quarter 2011, all SART currently being stockpiled. Delay is due to government pricing paperwork, jurisdiction, etc.

8 To expect similar production forecasts next year of 60koz with possible potential upside depending on higher grade ore intercepts, and increase of ore to the leach pad.

9 Over the next 2 weeks, they will be meeting analysts for presentations and looking to raise the company profile. The company should receive alot more Media coverage in the coming months following the next few weeks.

10 They also feel the company is vastly undervalued to its peers and hopefully this will change in the future, this is why they have a stand at the Mines and Money Exhibition, as it is the start of a campaign to seek shareholder value. The Exhibition is just the start.

11 They also said they would not consider any institutional stake/placing given the current share price as it would not be in the best interest of share holders unless it was at a consideral premium to the current share price.

12 I suggested 1 - 1.20, and he said they agreed with my opinion. No advise Intended.

13 The PSA is fair, they can offset all costs of future exploration costs in the different area's at Gedabek against the Gedabek production mine costs under the PSA, this should not be a deterant for investment. It is a good fair agreement, keep spending on exploration to increase reserves/value whilst extending the 87.5% profit share under the PSA.

14 The recent drilling at Gedabek should hopefully justify an increase of reserves to over 1m oz.

They seem very genuine people with good intensions for the company.
DYOR, no advise intended, just telling you what info I was given at the Exhibition. Will definately go to more Exhibitions in the future, its worth your time.

Thinking very seriously of a top up here,looks good value with upgrades and 2010
results out shortly.
Also



http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=117032&sn=Detail&pid=102055

cyril

Great news today and more to come mid Jan(results),25% rise and should make 60p
with resonable update?
cyril

A little lazy so i've copied this for interested?

Highlights:

1 Gedabek has had considerable further drilling since June. Results expected soon.

2 Exploration update at Gosha expected in 1st quarter 2011.

3 Gosha would be a separate operation to Gedabek with it's own production facility. They possibly could transfer the ore via roads to Gedabek but there is no need to do this.

4 Maarif exploration is mainly copper, awaiting results of recent drilling.

5 They are aware they need to update shareholders more regulary on whats happening with exploration etc.. other investors had also pointed this out. I was informed this will change in the New Year and they are taking this matter very seriously now they have the cashflow to do so.

6 The Website will be updated in the new year and will include regular exploration updates.

7 SART proceeds will start in 1st quarter 2011, all SART currently being stockpiled. Delay is due to government pricing paperwork, jurisdiction, etc.

8 To expect similar production forecasts next year of 60koz with possible potential upside depending on higher grade ore intercepts, and increase of ore to the leach pad.

9 Over the next 2 weeks, they will be meeting analysts for presentations and looking to raise the company profile. The company should receive alot more Media coverage in the coming months following the next few weeks.

10 They also feel the company is vastly undervalued to its peers and hopefully this will change in the future, this is why they have a stand at the Mines and Money Exhibition, as it is the start of a campaign to seek shareholder value. The Exhibition is just the start.

11 They also said they would not consider any institutional stake/placing given the current share price as it would not be in the best interest of share holders unless it was at a consideral premium to the current share price.

12 I suggested 1 - 1.20, and he said they agreed with my opinion. No advise Intended.

13 The PSA is fair, they can offset all costs of future exploration costs in the different area's at Gedabek against the Gedabek production mine costs under the PSA, this should not be a deterant for investment. It is a good fair agreement, keep spending on exploration to increase reserves/value whilst extending the 87.5% profit share under the PSA.

14 The recent drilling at Gedabek should hopefully justify an increase of reserves to over 1m oz.

They seem very genuine people with good intensions for the company.

DYOR, no advise intended, just telling you what info I was given at the Exhibition. Will definately go to more Exhibitions in the future, its worth your time.

Kind Regards

Thebull3