BAKU, Azerbaijan, March 12. Anglo Asian
Mining’s mines in Azerbaijan have passed an important milestone of
producing over one million gold equivalent ounces since the start
of operations, Trend
reports, citing the company.
Anglo Asian first started producing gold and silver by heap
leaching ore mined from an open pit at Gedabek in 2009.
Last year, in-line with its growth strategy, Anglo Asian became
a multi-asset producer. It brought both the new Gilar, underground
copper and gold mine, and Demirli open pit copper mine into
production. Following this transformational change to Anglo Asian's
asset portfolio and production capabilities, the Company has now
verified that total production of over one million gold equivalent
ounces since start-up in 2009, was achieved at the end of January
2026. This comprised approximately 851,000 ounces of gold, 1.9
million ounces of silver and over 30,000 tonnes of copper.
As announced in February, the Company anticipates that 2026 will
be a pivotal year, where copper production is expected to triple
with increased contributions from the Gilar and Demirli mines both
of which commenced production in 2025.
Stephen Westhead, Vice President of Anglo Asian, commented:
"I am delighted that Anglo Asian has reached this important
milestone, producing over one million gold equivalent ounces. Our
operational capabilities have evolved significantly over recent
years, culminating in becoming a multi-asset producer last year.
Congratulations to the whole team for their hard work on this
achievement, which has been delivered through the continuous growth
and development of our operations."
