Anglo Asian Mining PLC reported sales and production results for the third quarter and nine months ended 30 September 2018. For the quarter, the company reported gold production of 21,318 ounces which includes 18,874 ounces contained within gold doré, 7 ounces from SART processing and 2,437 ounces from flotation in previous year same quarter total gold production was 14,468 ounces. Copper production was totalled 470 tonnes which includes 81 tonnes from SART processing and 389 tonnes from flotation in previous year same quarter total copper production was 550 tonnes. Silver production was totalled 59,346 ounces which includes 7,416 ounces contained within gold doré, 17,357 ounces from SART processing and 34,573 ounces from flotation in previous year same quarter total silver production was 40,288 ounces.

For nine months, the company reported gold production of 54,573 ounces compared to 37,686 ounces a year ago. Silver production 144,362 ounces compared to 125,375 ounces a year ago. Copper production 1,057 tonnes compared to 1,872 tonnes a year ago.

For the quarter, gold bullion sales were 18,637 ounces at an average of $1,216 per ounce. Copper concentrate shipments to the customer totalled 1,557 dry metric tonnes with a sales value of $3.4 million (excluding Government of Azerbaijan profit share). Net debt was $2.9 million at September 30, 2018.

For the full year ending December 31, 2018, the company expects gold target production at upper end of previous guidance of between 78,000 and 84,000 ounces.