Anglo Asian Mining earns $55M from sale of gold

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16 January 2018

Anglo Asian Mining produced 71,461 ounces of gold from Gedabek deposit, down 1.17% from previous year.

 

According to the report of the company, the company produced 172,853 ounces of silver, 1,991 tonnes of copper.

 

During the reporting period, Anglo Asian Mining sold 43,496 ounces of gold bullion, down 18.36% in comparison to a year earlier. The gold price made up $1,265 an ounce. So, the company earned $55.022 million from sale of the gold bullion.

 

Moreover, the company earned $16.8 million from sale of 8,497 tonnes of copper in January-December.

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