Annual gold production (doré plus gold in concentrate) to hit record levels at the Gedabek processing complex this year (2016e/15: 74.0koz/72.0koz). Ongoing ramp up in copper production from newly commissioned flotation plant combined with an onsite SART facility to contribute 2.2kt copper contained and $13.3m in by-product revenues (net of 13% PSA). Stronger production, weaker currency and operational optimisation savings to drive total cash costs (TCC) lower improving FCF generation

01 Aug 2016
Valuation update
Anglo Asian Mining PLC (AAZ:LON) | 99.5 -5.5 (-5.2%) | Mkt Cap: 113.7m
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John Meyer | Sergey Raevskiy | Joe Rowbottom | Simon Beardsmore
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9 pages
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Valuation update
Anglo Asian Mining PLC (AAZ:LON) | 99.5 -5.5 (-5.2%) | Mkt Cap: 113.7m
- Published:
01 Aug 2016 -
Author:
John Meyer | Sergey Raevskiy | Joe Rowbottom | Simon Beardsmore -
Pages:
9 -
Annual gold production (doré plus gold in concentrate) to hit record levels at the Gedabek processing complex this year (2016e/15: 74.0koz/72.0koz). Ongoing ramp up in copper production from newly commissioned flotation plant combined with an onsite SART facility to contribute 2.2kt copper contained and $13.3m in by-product revenues (net of 13% PSA). Stronger production, weaker currency and operational optimisation savings to drive total cash costs (TCC) lower improving FCF generation