Anglo Asian Mining (GB:AAZ) has released an update.
Anglo Asian Mining PLC maintains its 2024 full-year production guidance of 15,000 to 19,500 gold equivalent ounces following a quarter that CEO Reza Vaziri describes as a turning point with the restart of the agitation leaching plant. The company reports Q3 gold production of 2,956 ounces and sales of 3,220 ounces at an increased average price, despite a year of partial production suspension. Looking ahead, Anglo Asian is set to commence production from its flotation plant and the Gilar mine, as part of its strategy to become a mid-tier copper and gold producer by 2028.
For further insights into GB:AAZ stock, check out TipRanks’ Stock Analysis page.
