British mining company Anglo Asian Mining (AAM), which specializes in developing gold deposits in Azerbaijan, has achieved cumulative production of over 1 million gold-equivalent ounces since the launch of its mines in the country. AAM commenced gold and silver extraction using heap leaching technology from ore mined at the Gadabay open pit mine in 2009.…
The British company Anglo Asian Mining (AAM, which develops gold deposits in Azerbaijan) plans to produce between 28,000 and 33,000 ounces of gold in 2026, compared to an actual production of 25,061 ounces in 2025. AAM’s silver production this year is projected to be between 170,000 and 210,000 ounces, and copper production between 20,000 and…
British company Anglo Asian Mining (AAM, which develops gold deposits in Azerbaijan) produced 25,061 thousand ounces of gold in 2025, a 1.7-fold increase from 2024. Gold production in 2025 is in line with the lower bound of the updated annual forecast of 25,000-28,000 ounces. Silver production during this period amounted to 153,332 thousand ounces (a…
The British gold-mining company Anglo Asian Mining PLC (AAM), which operates in Azerbaijan, expects specifics from the British ACG Metals Limited (ACG) until December 24, regarding its intentions to acquire AAM. “AAM draws attention to the announcement by ACG Metals Limited dated November 26, that ACG is at an early stage of considering the possibility…
British company Anglo Asian Mining Plc. (AAM), which mines gold, silver, and copper in Azerbaijan, has signed a contract with Singapore-based multinational trading company Trafigura Pte Ltd to sell concentrate produced at the Demirli copper mine in the Karabakh economic region of Azerbaijan. AAM announced this in a statement. “A contract for the sale of…
British gold mining company Anglo Asian Mining (AAM) forecasts gold production in Azerbaijan in 2025 to be between 25,000 and 28,000 ounces. According to AAM, actual gold production in 2024 was 15,073 ounces. Therefore, this figure could increase 1.7 to 1.9-fold in 2025. The company’s copper production in Azerbaijan this year is projected to be…
British company Anglo Asian Mining (AAM) reported revenue from gold mining in Azerbaijan totaling $40.9 million in the first half of 2025, a 3.1-fold increase from January-June 2024. AAM noted that the revenue growth was due to the continuous operation of all processing facilities throughout the period, which ensured higher production volumes and higher commodity…
Until the end of the year, Anglo-Asian Mining Plc intends to produce first ore at the Gilar deposit. The development of the mine started in 2023. The company has also increased the capacity of the floatation machine at the Gedabek mine 2-fold, to 160 tons per hour. Reserves of the Gilar deposit are estimated at…