Business
Micon environmental report update
Micon environmental report update.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n\n \n12 September 2023\nAnglo Asian Mining plc\nMicon environmental report update\n \nAnglo Asian Mining plc (\"Anglo Asian\" or the \"Company\"), the AIM listed gold, copper and silver producer focused in Azerbaijan, provides the following update regarding the report by Micon International Limited (\"Micon\"). This report follows Micon's visit to Gedabek in July 2023 where they carried out a health, safety and environmental review of tailings management at the Gedabek site. \n \nMicon's draft report has now been prepared, which the Company is reviewing together with Micon and the Government of Azerbaijan. Anglo Asian expects this report to be finalised next week. The Company will provide further details once the report is finalised.\n \nMarket Abuse Regulation (MAR) Disclosure\nCertain 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 UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.\n \nFor further information please contact:\n \n\n\n\nAnglo Asian Mining plc\n\n\n\n\n\n\n\nReza Vaziri, Chief Executive Officer\n\n\nTel: +994 12 596 3350\n\n\n\n\nBill Morgan, Chief Financial Officer\n\n\nTel: +994 502 910 400\n\n\n\n\nStephen Westhead, Vice President\n\n\nTel: +994 502 916 894\n\n\n\n\n\n\n\n\n\n\n\n\nSP Angel Corporate Finance LLP (Nominated Adviser and Broker)\nEwan Leggat\nAdam Cowl\n\n\nTel: +44 (0) 20 3470 0470\n\n\n\n\n\n\n\n\n\n\n\n\nHudson Sandler (Financial PR)\nCharlie Jack\nHarry Griffiths\n \n\n\nTel: +44 0) 20 7796 4133\n \n\n\n\nNotes to editors\n \nAnglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 57,618 gold equivalent ounces (\"GEOs\") for the year ended 31 December 2022. \n \nOn 30 March 2023, the Company published its strategic plan for growth which shows a clearly defined path for the Company to transition to a multi-asset, mid-tier copper and gold producer by 2028. By 2028, copper will be the principal product of the Company, with forecast production of around 36,000 copper equivalent tonnes. It plans to achieve this...