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'We're very pleased with how things are coming along' - Anglo Asian's Bill Morgan

Bill Morgan, chief financial officer at Anglo Asian Mining Plc (LON:AAZ) caught up with Proactive Investors for an update on developments at their properties in Azerbaijan.

''We're very pleased the way things are going at Anglo Asian Mining at the moment ... last year we returned the company to profitability. This was after a couple of years of being a loss-making company - obviously that was something we were very pleased with''.

Anglo Asian’s 2017 production target remains in the range of 64,000 to 72,000 ounces of gold, but the source of this production will temporarily change as Ugur comes on stream: mining operations at the Gedabek open pit will simultaneously be scaled back till the end of the year to allow for a greater focus on existing stockpiles.

 
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Newswire
January 17 2017

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