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Anglo Asian reports profit jump

Record production and stronger gold and copper prices have helped Azerbaijan-focused gold, copper and silver producer Anglo Asian Mining to a more than sixfold profit lift for 2018 versus the previous year.

Jacqueline Holman
Anglo Asian had a record 2018 at its Gedabek mine

Anglo Asian had a record 2018 at its Gedabek mine

Net profit for 2018 was US$16.3 million, up from $2.5 million in 2017, resulting in profit per share of 14.32c, well above the previous year's 2.23c/share. Chairman Khosrow Zamani called 2018 a "truly...

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