Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Anglo Asian Mining Seeks Loan for $52 Million Gold Plant

Don't Miss Out —
Follow us on:

May 10 (Bloomberg) -- Anglo Asian Mining Plc, an Azerbaijan gold and copper mining company, is in talks with local and international lenders for a loan to build a new $52 million plant, according to a statement from the company.

The agitation and leaching facility will improve gold recovery rates at Anglo Asian Mining’s Gedabek mine in western Azerbaijan, the Baku-based company said.

Anglo Asian Mining got a $9.4 million term loan from the International Bank of the Republic of Azerbaijan in May 2009, according to data compiled by Bloomberg.

To contact the reporter on this story: Louise Meeson in London at

To contact the editor responsible for this story: Faris Khan at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.