S&P GSCI Copper Index 2

Index

Market Closed - USA 03:36:47 2024-04-26 pm EDT			5-day change	1st Jan Change
703.2 ^PTS	+1.03%		+2.18%	+16.32%

Apr. 26	USMCA Labor Panel Rules in Favor of Mexico in Mine Dispute, Government Says	DJ
Apr. 26	Anglo American Rejects BHP Offer -- At a Glance	DJ

Anglo Asian climbs amid copper resource discovery at Xarxar

January 25, 2024 at 06:52 am EST

Anglo Asian Mining PLC - Azerbaijan-focused copper, gold and silver producer - Confirms significant copper resource at Xarxar following drilling. Says drill results will form part of a forthcoming JORC mineral resource estimate for the Xarxar deposit. Further infill and extension drilling will be planned, along with a metallurgical testwork programme and geometallurgical modelling, Anglo Asian says, once the MRE is published. A mining trade-off study including a mine design and a production plan will also be prepared. Vice President Stephen Westhead says: "We are delighted to announce the findings of our recent drilling campaign at Xarxar, confirming internal estimates regarding the presence of significant quantities of copper at the deposit. This reaffirms the potential size of the mineral deposit that can be brought into production."

Current stock price: 61.53 pence, up 12%

12-month change: down 46%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ANGLO ASIAN MINING PLC	63 GBX	+2.44%	-8.03%	89.65M
	SILVER	27.2 USD	-0.52%	-5.11%	-

Latest news about S&P GSCI Copper Index 2

USMCA Labor Panel Rules in Favor of Mexico in Mine Dispute, Government Says	Apr. 26	DJ
Anglo American Rejects BHP Offer -- At a Glance	Apr. 26	DJ
Anglo American Rejects BHP's $39 Billion Bid	Apr. 26	DJ
Anglo American Doesn't View BHP's Bid as Attractive, Reuters Reports	Apr. 25	DJ
BHP Bids $39 Billion for Anglo American -- at a Glance	Apr. 25	DJ
Copper: BHP wants to acquire Anglo American	Apr. 25
Persistently High Commodity Prices Could Delay Interest Rate Cuts, World Bank Says	Apr. 25	DJ
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