"Anglo-Asian Mining" decreased gold production by 4% in Azerbaijan last year
  • ECONOMY

  • 13:41 15 January 2020

"Anglo-Asian Mining" decreased gold production by 4% in Azerbaijan last year

“Anglo-Asian Mining Plc.” company of Great Britain in non-ferrous metals production extracted 70,098 ounces of gold in Azerbaijan during 2019, which is 3.7% lower compared to 2018, ONA reports citing the Company's statement.

During the reporting period, amount of gold production has decreased from 18 209 ounces to 17 907 in the IV quarter of 2019 in comparison with the same period of 2018.

The company produced 82 795 ounces of production (including other metals) equals to its gold equivalent (a 1.1 % decrease) during the last year.

Copper production increasing by 34.3% amounted to 2 210 tonnes, while silver producted decreasing by 24.2% amounted to 159 356 ounces in the company in comparison with 2018.

Emil Ismayilov

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