Business
Illegal Mining of Mineral Resources in Karabakh
Illegal Mining of Mineral Resources in Karabakh.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \n \n Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n \n \n \n \n \n 20 December 2022\n \n \n \n \n \n \n Anglo Asian Mining PLC\n \n \n \n \n Illegal Mining of Mineral Resources in Karabakh\n \n \n \n \n Representations to United Nations, US State Department, UK Foreign Office and EU\n \n \n \n \n \n \n \n \n Anglo Asian Mining PLC (\"Anglo Asian\" or the \"Company\") has written to senior representatives from a number of international organisations and governments, including the United Nations, the US State Department, the UK Foreign Office and the European Union about Anglo Asian's business and mining rights to properties currently being exploited by others. The Company is requesting support from these authorities for the restoration of its legitimate business rights and the safe physical access for Anglo Asian's employees to the Kyzlbulag and Demirli mines and surrounding exploration territory in Karabakh. \n \n \n \n \n \n Previously in 2006, Anglo Asian sent similar letters of confirmation to each of these government bodies to formally confirm its priority of ownership.\n \n \n \n \n \n In addition to its principal assets in Azerbaijan, Anglo Asian Mining PLC also has legal title to two contract areas in Karabakh, which host the Kyzlbulag copper-gold mine and the Demirli copper-molybdenum mine. These contract areas are within the region controlled by the Russian peacekeeping force, but the Company believes illegal mining by Armenian companies has been and continues to be conducted in these concession areas.\n \n \n \n \n \n \n Market Abuse Regulation (MAR) Disclosure\n \n \n \n \n Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, which was incorporated into \n \n UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.\n \n \n \n For further information please contact:\n \n \n \n \n \n \n \n Reza Vaziri\n \n \n \n \n Anglo Asian Mining plc\n \n \n \n \n Tel: +994 12 596 3350\n \n \n \n \n \n \n Bill Morgan\n \n \n \n \n Anglo Asian Mining plc\n \n \n \n \n Tel: +994 502 910 400\n \n \n \n \n \n \n Stephen Westhead\n \n \n \n \n Anglo Asian Mining plc\n \n \n \n \n Tel: +994 502 916 894\n \n \n \n \n \...