UK 11:09 Sunday, 25 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Metals producer from Azerbaijan, Anglo Asian Mining (AAZ) recently issued a third quarter update emphasising that “this quarter has been a turning point for the company as we move towards fully restarting production after a year of partial shutdown… Despite only limited agitation leaching production in September, our doré production increased in the month to 1,369 ounces from 824 ounces in August… remains on schedule to restart its flotation processing in November 2024 with first production from the Gilar mine in December… maintains its full year 2024 production guidance of 15,000 to 19,500 GEOs”. With it also emphasising benefit from the recent increases in the gold price, the shares have risen to 112.5p.
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