Reza Vaziri: Anglo Asian Mining’s shares declined in value

Baku: Fall in gold price around the world led to gold and mining companies’ shares to decline in value, President of Anglo Asian Mining company Reza Vaziri told APA-Economics.

“We hope that launch of a new plant and discovery of new underground field will affect the market and lead to shares to increase in value”, Vaziri said.

He noted that though there is no need for increase of authorized capital, capitalization process may be carried out in the future.

Currently, the authorized capital makes $111 mln.

SOURCE: AZERI-PRESS NEWS AGENCY

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