Anglo Asian Mining PLC (AAZ)

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Company Description

Anglo Asian Mining PLC is a public limited company incorporated on September 9, 2004 and operating in the UK under the Companies Act 2006. The Company is engaged in the exploration and development of gold and copper projects in the Republic of Azerbaijan and the operation of the Gedabek mine in the Republic of Azerbaijan. It operates in two segments, namely mining operations and exploration sites. Both segments are located within the Republic of Azerbaijan. The mining operations segment is made of the Company's only producing asset, Gedabek. All sales of gold and silver bullions are made to one customer, the Company's gold refinery, MKS Finance SA, based in Switzerland. Copper concentrate is sold to two customers: Seagate Minerals & Metals Inc and Glencore Xstrata International AG...

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