Anglo Asian Mining PLC provided an update on production and operations at its Gedabek gold/copper/silver mine ('Gedabek') in western Azerbaijan for the fourth quarter and the year ended December 31, 2012. During the quarter ended December 31, 2012, the company produced 14,530 oz of gold ('Au') at Gedabek from its heap leach operations. The continuing buoyant gold price enabled Anglo Asian to complete gold sales of 11,497 oz Au at an average of $1,694 per oz for fourth quarter 2012. Silver dore production from heap leach operations for fourth quarter 2012 totaled 4,790 oz. Copper, silver and gold production from SART processing operations for fourth quarter 2012 totaled 116 tonnes of copper, 14,242 oz of silver and 14 oz of gold. Net debt, being interest-bearing loans and borrowings less cash and cash equivalents totals $29.0 million.

Total production for the year ended December 31, 2012 from Gedabek was 50,215 oz of gold which met the company's expectations. In terms of copper production, the company achieved 502 tonnes for the year and sold $2.1 million worth of product. The continuing buoyant gold price enabled Anglo Asian to complete gold sales of 42,743 oz Au at an average of $1,660 per oz for financial year 2012. During financial year 2012 total sales of copper concentrate were $2.1 million. Silver dore production from heap leach operations for 2012 totaled 20,133 oz. Copper concentrate production for financial year 2012 from SART processing of 502 tonnes of copper and 98,158 oz of silver and 86 oz of gold.