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New mood music at Anglo Asian

Azerbaijan-focused gold and copper producer Anglo Asian hasn’t made a profit since 2012, but a senior executive has told Mining Journal it could be generating free cash flow by 2017 and could then pay a dividend for the first time since it initially poured gold in 2009.

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Gedabek mine ... future profit driver

Bill Morgan, finance director, said the company should be back in the black at the pre-tax level in financial year 2016 after racking up first-half losses this year of more than US$4 million, with the

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