Anglo-Asian Mining reports 30% increase in silver production in Azerbaijan

Anglo-Asian Mining Plc, engaged in the extraction of gold, silver and copper in Azerbaijan, produced 48,487 ounces of precious metals in gold equivalent in the Gadabay contract area in the first nine months of this year, a drop of 4.36% from the same period last year.

For nine months of 2020, these volumes amounted to 50,702 gold equivalent ounces.

During January-September of this year, the company produced 37,096 ounces of gold, a decrease of 14.5% from the same period in 2020.

In nine months, the British company produced 1,906 tons of copper, marking an increase of 0.6% from the same period in 2020.

During this period, Anglo-Asian Mining Plc’s silver production amounted to 115,843 ounces, a 29.3% growth from the nine months of 2020.