Anglo Asian Mining PLC Result of AGM (9364K)
June 30 2014 - 8:39AM
UK Regulatory
TIDMAAZ
RNS Number : 9364K
Anglo Asian Mining PLC
30 June 2014
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector:
Mining
30 June 2014
Anglo Asian Mining plc ('Anglo Asian' or 'the Company')
Result of AGM
Anglo Asian Mining plc, the AIM listed gold producer in
Azerbaijan, is pleased to announce that all resolutions were duly
passed at the Company's annual general meeting held earlier
today.
**ENDS**
For further information please visit www.angloasianmining.com or
contact:
Anglo Asian Mining Tel: +994 12 596
Reza Vaziri plc 3350
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Anglo Asian Mining Tel: +994 12 596
Sean Duffy plc 3350
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Ewan Leggat SP Angel Corporate Tel: +44 (0) 20
Finance LLP 3463 2260
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Laura Harrison SP Angel Corporate Tel: +44 (0) 20
Finance LLP 3463 2260
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Felicity Edwards St Brides Media & Tel: +44 (0) 20
Finance Ltd 7236 1177
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Lottie Brocklehurst St Brides Media & Tel: +44 (0) 20
Finance Ltd 7236 1177
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Notes
Anglo Asian Mining plc (AIM:AAZ) is a gold producer in Central
Asia with a broad portfolio of production and exploration assets in
Azerbaijan. The Company has a 1,962 sq km prospective exploration
portfolio, assembled from analysis of historic Soviet geological
data and held under a Production Sharing Agreement ('PSA') based on
the Azeri oil industry. The Company developed Azerbaijan's first
operating gold/copper mine, Gedabek, which commenced gold
production in May 2009. Gold production for the year ended 31
December 2013 from Gedabek totalled 52,068oz. The Company is also
developing a second mining operation within Azerbaijan, Gosha,
which is 50km away from Gedabek. Gosha is being advanced with a
view to developing a high grade underground gold mine, which is
expected to produce circa 15,000-20,000 ounces of gold per annum
once in full production. Due to the proximity of Gosha to Gedabek,
gold ore produced at Gosha will be processed at Anglo Asian's
Gedabek plant. Anglo Asian's Company production target for FY 2014
stands at 62,000-67,000 ounces of gold.
Anglo Asian is actively looking 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 base metal production
company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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