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Rising costs weigh on profits at Anglo Asian

Company expects cash generation to improve in H2

Tom Hoskyns
Anglo Asian's Gedabek mine in Azerbaijan

Anglo Asian's Gedabek mine in Azerbaijan

Pre-tax profit fell 50% year-on-year to US$5.9 million as all in sustaining costs of gold production rose 14% to US$848/oz. The Azerbaijan-focused metals producer pointed to cost inflation "for many...

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