Anglo Asian Mining sees copper volumes ramp-up, supporting production growth

Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) told investors that first-quarter copper production surged almost sevenfold as its Demirli mine helped drive a sharp step-up in output, while stronger sales and lower debt pushed the group deeper into net cash. The Azerbaijan-focused producer turned out 3,711 tonnes of copper in the three months to 31 March, up from 534 tonnes a year earlier.