Anglo Asian Mining (GB:AAZ) has released an update.
Anglo Asian Mining PLC has announced that its subsidiary, Azerbaijan International Mining Company Limited, has received the green light from the Azerbaijani government to raise its tailings dam wall, with construction to start immediately. This approval signals the restart of production at the company’s processing plants within a week, following a year-long disruption. In addition, Anglo Asian reiterates its strategic growth plan aiming to become a mid-tier copper producer by 2028 with the Gilar mine set to commence production in the fourth quarter of 2024.
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