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Anglo Asian Mining team outline plans following joint venture deal with Conroy Gold

Anglo Asian Mining PLC's (LON:AAZ) Bill Morgan and Steve Westhead caught up with Proactive London's Andrew Scott following the news this week of a joint venture deal with Conroy Gold and Natural Resources PLC (LON:CGNR). Anglo Asian's to acquire up to a 55% interest in the Longford Down Massif gold project in Ireland by investing in stages. The initial 17.5% will be earned by Anglo Asian investing €2mln in further exploration. Its interest will increase progressively to 55% if it develops the Clontibret gold deposit to mine construction-ready status.

Quick facts: Anglo Asian Mining PLC

Price: 138.45 GBX

AIM:AAZ
Market: AIM
Market Cap: £158.38 m
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Anglo Asian Mining's revenues rise on back of stronger gold price

Anglo Asian Mining's (LON:AAZ) Bill Morgan talk's Proactive London's Katie Pilbeam through their latest set of interim results for the six-month period to 30 June 2020. Morgan explains how production has declined by 19% compared with the previous half year period however the average...

4 hours, 16 minutes ago

2 min read