Anglo Asian Mining (GB:AAZ) has released an update.
Anglo Asian Mining PLC faced challenges in 2023, including social unrest that led to the suspension of some processing operations, impacting production and financial outcomes, with a net loss of $32 million. Despite setbacks, the company is progressing with its mid-tier copper production strategy, recently commencing operations at the new Gilar mine and maintaining a substantial resource base. With a commitment to environmental standards and development of new resources, Anglo Asian Mining aims to resume full production soon and achieve its growth objectives, albeit with a slight delay.
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