11:46 - 22.05.2025

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May 22, Fineko/abc.az. As of January 1, 2025, the net debt of Anglo Asian Mining PLC (excluding lease obligations) increased by $4.4 million to $14.7 million. 

ABC.AZ informs, referring to company's financial report, that this was made possible by cost control and working capital management during the year.
The operating cash outflow before changes in working capital amounted to $6.6 million.

The total production volume was 16,760 gold equivalent ounces (GEO), which corresponds to the previously announced forecast in the range of 15,000 -19,500 GEO. In 2023, this figure was 31,821 GEO.
The volume of gold bars sold was 15,251 ounces (in 2023 - 15,822 ounces), while the average selling price reached $2,432 per ounce. Gold began to rise in price compared to last year, when the company sold an ounce for $1,951.
1,519 tons of copper concentrate worth $2.5 million were also exported (excluding the share owed to the government of Azerbaijan). In 2023, exports totaled 11,192 tons for $15.8 million.