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IN BRIEF: Anglo Asian Mining produces less gold but notes progress

ALN

IN BRIEF: Anglo Asian Mining PLC - London-based gold, copper and silver producer focused on Azerbaijan - Produces 57,618 gold equivalent ounces in 2022, down 11% from 64,610 a year prior. Cash as at December 31 grows 33% to $20.3 million from $15.3 million at September 30. Company says it made ‘significant’ progress at its Zafar copper-gold deposit, where a mine design is almost finalised.

Current stock price: 104.10 pence, up 3.1% on Monday

12-month change: down 9.1%

By Tom Budszus, Alliance News reporter

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