Anglo Asian Mining Launches Production at Gilar Mine, Strengthening Copper Strategy

PUBLISHED: 19 May 2025 @ 18:01 | Comments (0) | More info about Fiona Craig

Anglo Asian Mining (LSE:AAZ) has officially begun production at its newly developed underground Gilar mine, situated within the Gedabek contract area in Azerbaijan. The site is expected to yield between 50,000 and 60,000 tonnes of ore per month, representing a major milestone in the company’s broader shift toward becoming a copper-dominant, mid-tier mining company.

The Gilar deposit is rich in mineral resources, containing more than 54,000 tonnes of copper and approximately 255,000 ounces of gold. These reserves are poised to play a pivotal role in fueling Anglo Asian’s future growth and diversifying its production portfolio.

The start of operations at Gilar marks the first of several planned developments that support the company’s strategic goal of increasing copper output and reducing reliance on gold.

About Anglo Asian Mining

Anglo Asian Mining plc is a precious and base metals producer with operations across Azerbaijan. Listed on the AIM market, the company is currently focused on expanding its copper portfolio and transitioning into a multi-asset, mid-tier copper and gold producer by 2029. Key development projects include Gilar, Zafar, Xarxar, and Garadag, all of which are central to this long-term vision.

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