Anglo Asian Mining may take out a loan to fulfill its obligations

Anglo Asian Mining, the AIM-listed gold, copper and silver producer in Azerbaijan, may take out a loan to implement the recommendations made on the basis of the results of the monitoring carried out by the international monitoring company Micon in the Soyudlu village of Gadabay, Chief Executive Officer Reza Vaziri said at a briefing while answering the question of Report's correspondent dispatched to Soyudlu.

He said that although the company always works with profit, as a result of recent events, it incurred a loss of about $19 million: "It is important for us to fulfill these obligations. We can apply to banks regarding the situation, and banks trust us in the matter of credit."