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Anglo Asian Mining - production & development update, recovery value?

By Steven Moore | Wednesday 11 September 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Anglo Asian Mining (AAZ), the developer of Azerbaijan's first operating gold/copper mine (Gedabek), has announced that following the commissioning of its new agitation leaching plant in June it, in August, recorded its highest monthly gold production since the mine first poured gold in May 2009 as well as that 50 kilometres away, at Gosha, “significant progress has been made in the development of the mine”

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