Anglo-Asian Mining sees about 14% decline in gold production 

The production of Anglo Asian Mining plc, the AIM-listed gold, copper, and silver producer operating in Azerbaijan, is 14,309 gold equivalent ounces in Q3 2022, down 12.3% from 16,316 gold equivalent ounces in the third quarter of 2021, Report informs, citing the Company.

During the reporting period, gold production made up 11,087 ounces, showing a decrease of 13.7% compared to a year earlier, while copper production totaled 609 tonnes, 6.3% more than a year earlier.

Silver production totaled 45,063 ounces, up 22.08% from the previous year.

In January-September 2022, total production stood at 43,081 GEOs, down 11.1% from 48,487 GEOs in the nine months of 2021.

Of this, gold production amounted to 31,993 ounces, 13.8% less than 37,096 ounces in the same period of 2021. Copper production dropped 0.7% from 1,906 tonnes in the nine months of 2021 to 1,892 tonnes. The Company produced 144,562 ounces of silver, 7.2% lower than 115,843 ounces in the nine months of 2021.

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