shares in anglo asian mining plc fell 77 thursday after the company guided for lower overall production for 2023 as it shifts its focus to copper production with the opening of new mines and increased capacity at its flotation plant at 0838 gmt shares were down 75 pence at 900 pence the londonlisted gold copper and silver producer estimates fullyear production of between 50000 and 54000 gold equivalent ounces comprising 4100 to 4300 metric tons of copper and 30000 to 32000 ounces of gold the azerbaijanfocused group said this represents an onyear 63 to 71 increase for copper and a 26 to 30 decrease for gold actual gold equivalent ounces production for 2022 was 57618 made up of 43114 ounces of gold and 2516 tons of copper for 2024 the company expects to produce copper at the same or greater rate than in 2023 with a flotation plant able to double its original capacity it also anticipates increased gold production