Anglo Asian Mining reported a significant reduction in gold and silver production in Azerbaijan for the period from January to September 2023. The company’s gold equivalent output fell by 33.4% year-on-year, with gold production decreasing by 41.3% to 18,771 ounces and silver production dropping by 65.2% to 50,272 ounces. However, copper production saw an 11.6% increase, reaching 2,111 tons. The Gadabay doré deposit, in particular, experienced a notable decline, with gold output down by 41.3% and silver production down by 64.2%. Anglo Asian Mining operates in Azerbaijan, holding a portfolio that spans over an area of 1,962 square kilometers and includes production and exploration assets for gold, copper, and silver.
Anglo Asian Mining Sees Decline in Gold and Silver Output in Azerbaijan
