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Anglo Asian Mining sees fall in annual gold production following Ugur mine depletion | 15 April 2021

15 April 2021 | 09:50am
StockMarketWire.com - Gold, copper and silver producer Anglo Asian Mining said it expected a fall in annual gold production, following depletion of its Ugur mine.
Gold production for FY 2021 was expected in the range of 48,000 to 54,000 ounces, down from 56,864 ounces of gold reported in 2020.
'This year we will only be mining from our existing Gedabek open pit and Gedabek and Gadir underground mines. Gold production is therefore expected to be lower as there will be no contribution from Ugur, which was depleted in 2020,' the company said.
Copper production was forecast in the range of 2,500 to 2,800 tonnes, up from 2,591 tonnes of copper last year.

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