Anglo Asian Mining earns $19.4M from sale of gold

Anglo Asian Mining earns $19.4M from sale of gold
  • Clock-gray 10:50
  • calendar-gray 25 July 2017

Anglo Asian Mining produced 23,218 ounces of gold from Gedabek deposit, down 31.4% from previous year.

 

According to the annual report of the company, it produced 11,078 ounces of gold from this deposit in the first quarter, 12,140 ounces in the second quarter.

 

Along with this, the company produced 85,087 ounces of silver,1,322 tonnes of copper and 6,431 tonnes of concentrate.

 

During the reporting period, Anglo Asian Mining sold 15,689 ounces of gold bullion, down 43.6% in comparison to a year earlier. The gold price made up $1,238 an ounce. So, the company earned $19.689 million from sale of the gold bullion.

 

Moreover, the company earned $10.528 million from sale of 5,396 tonnes of copper in January-June. 

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