Business
Statement re Press Coverage
Statement re Press Coverage.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n RNS Number : 3760U Anglo Asian Mining PLC 14 October 2010 \n \n\nAnglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n14 October 2010\nAnglo Asian Mining plc ('Anglo Asian' or 'the Company')\nStatement re Press Coverage\n \nThe Directors of Anglo Asian have noted certain local Azerbaijan press coverage which inaccurately reports the Company's gold production targets to 2015 at its flagship Gedabek gold/copper mine ('Gedabek') in Azerbaijan. \n \nThe Company would like to reiterate that gold production at Gedabek totalled 47,711 ounces ('oz') for the three quarters to September 2010 and the Company's full year production target to 31 December 2010 remains unchanged at 60,000 oz of gold. \n \nThe Company's target gold production over a six year mine life remains in excess of 300,000 ounces of gold, from the commencement of gold production in 2009.\n \nAnglo Asian updates the market on a quarterly basis regarding current and future production targets, and is committed to reporting any material changes to these forecasts through a London Stock Exchange announcement.\n \n**ENDS**\n \nFor further information please visit www.aamining.com or contact:\n \n\n\n\n\nReza Vaziri\n\n\nAnglo Asian Mining plc\n\n\nTel: +994 12 596 3350\n\n\n\n\nAndrew Herbert\n\n\nAnglo Asian Mining plc\n\n\nTel: +994 12 596 3350\n\n\n\n\nJohn Harrison\n\n\nNumis Securities Limited, as Nominated Adviser\n\n\nTel: +44 (0)20 7260 1000\n\n\n\n\nJames Black\n\n\nNumis Securities Limited, as Corporate Broker\n\n\nTel: +44 (0)20 7260 1000\n\n\n\n\nHugo de Salis\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: +44 (0)20 7236 1177\n\n\n\n\nFelicity Edwards\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: +44 (0)20 7236 1177\n\n\n\n\n \nNotes:\nAnglo Asian Mining plc (AIM:AAZ) is an emerging gold producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 sq km prospective exploration portfolio, assembled on the back of analysis of historic Soviet geological data and held under a Production Sharing Agreement ('PSA') based on the Azeri oil industry. The Company developed Azerbaijan's first operating gold/copper mine, Gedabek, which commenced gold production ...