Anglo Asian Mining plc, a British producer of gold, copper and silver operating in Azerbaijan, extracted 28,686 ounces of precious metals in gold equivalent in January-September 2023, Report informs referring to the company.
That’s down 14,395 ounces, or 33.4%, from the first nine months of 2022, the data shows.
In the reporting period, the company produced 18,771 ounces of gold, which is 13,222 ounces or 41.3% less than in January-September 2022. Anglo Asian Mining plc produced 2,111 tons of copper in the same period, up 219 tons or 11.6% on last year.
Silver production amounted to 50,272 ounces, which is 94,290 ounces or 2.9 times less than in January-September last year.
In the third quarter of this year, Anglo Asian Mining plc produced 5,295 gold equivalent ounces of precious metal. This is 9,014 ounces or 2.7 times less than in the third quarter of 2022.
The company produced 4,163 ounces of gold last quarter. This is 6,924 ounces or 2.7 times less than from July to September 2022. Copper production year-on-year decreased by 358 tons, or 2.4 times, to 251 tons; silver production decreased by 39,367 ounces, or 7.9 times, to 5,696 ounces per year.