Anglo Asian Mining announces earnings from gold sale

Anglo Asian Mining announces earnings from gold sale
# 13 October 2016 10:59 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Anglo Asian Mining produced 16,497 ounces of gold in the third quarter of 2016 (total 49,874 ounces) in gold, copper and silver mines Gedabek, down 7.82% from previous year. Q2 production made up 19,375 ounces.

Copper production stood at 485 tonnes, silver production at 33,899 ounces. Totally, 114,915 ounces of silver and 1,363 tonnes of copper were produced throughout the year. Silver production rose 10.5 times, copper production 2.5 times.

The company sold 12,567 ounces at an average of $1,332 per ounce. Totally, the company earned $16,739,244 from gold sales.

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