Anglo Asian Mining Begins Production at Gilar Mine

Anglo Asian Mining ( (GB:AAZ) ) has issued an announcement.

Anglo Asian Mining has commenced production at its new underground Gilar mine, located at the Gedabek site in Azerbaijan. The mine is expected to produce between 50,000 to 60,000 tonnes of ore monthly, contributing significantly to the company’s strategic transition towards becoming a primarily copper-focused mid-tier producer. The Gilar deposit contains substantial mineral resources, including over 54,000 tonnes of copper and 255,000 ounces of gold, which will play a crucial role in Anglo Asian’s growth strategy.

More about Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper, and silver producer with a portfolio of production and exploration assets in Azerbaijan. The company aims to transition into a multi-asset, mid-tier copper and gold producer by 2029, focusing on copper as its principal product. It plans to achieve this by bringing four new mines into production, including Gilar, Zafar, Xarxar, and Garadag.

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