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    gold investing

    Anglo Asian Makes Gold Discovery in Azerbaijan

    Investing News Network
    Apr. 23, 2012 01:59PM PST
    Precious Metals

    Reuters reported that Anglo Asian (LSE:AAZ) found gold at its Azerbaijan-based Ordubad mine.

    Reuters reported that Anglo Asian (LSE:AAZ) found gold at its Azerbaijan-based Ordubad mine.

    As quoted in the market news:

    The company plans to increase gold production in Azerbaijan to 300,000 ounces per year by 2015. It envisages exploration of seven mines in western Azerbaijan with estimated gold reserves of 430 tonnes.

    Click here to read the full Reuters report.

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