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AIM-listed Anglo Asian Mining’s share price has grown 10.42% for the year-to-date, with the Azerbaijan-focused company having hit the top-end of its 2022 production guidance, began underground development of its new Gilar mine, and followed up investment in Toronto-listed Libero Copper and Gold.
“This ability to accelerate mine development is of significant value as it means newly discovered resources can be quickly defined and developed,” SP Angel said.
Anglo Asian, which is progressing plans to become a mid-tier copper producer, produced 57,618 gold equivalent oz in 2022, which compared to guidance of 54,000-58,000GEOs.
Mineralisation of up to 68m
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