AAZ Anglo Asian Mining Plc

11 November 2024

Anglo Asian Mining PLC

Change of Auditor

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces the appointment of BDO LLP ("BDO") as the Company's new auditor, succeeding Ernst & Young LLP, with immediate effect.

BDO will conduct the audit of the Company's financial statements for the financial year ending 31 December 2024 and a proposal to reappoint them as auditors of the Company will be subject to the approval of shareholders at the 2025 Annual General Meeting.

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About Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 31,821 gold equivalent ounces ("GEOs") for the year ended 31 December 2023. 

On 30 March 2023, the Company published its strategic plan for growth which shows a clearly defined path for the Company to transition to a multi-asset, mid-tier, copper and gold producer by 2028, by which time copper will be the principal product of the Company, with forecast production of around 36,000 copper equivalent tonnes. It plans to achieve this growth by bringing into production four new mines during the period 2024 to 2028 at Zafar, Gilar, Xarxar and Garadag. 

https://www.angloasianmining.com/