Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has begun operating two new large filter presses and a new thickener at its Gedabek flotation plant in Azerbaijan, clearing a processing bottleneck and helping the company deliver its highest monthly copper output on record. The equipment, sourced from Yon Proses & Filtrasyon Teknoloji in Türkiye for $500,000, replaces older filter presses that were struggling to cope with higher-grade ore from the Gilar mine, which started production in May.
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) told investors it has commenced copper concentrate sales from its Demirli mine in Azerbaijan. The company said the sales were made under its contract with Trafigura, which was announced on 3 November 2025.
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) shares rose 14% to 220p after trading resumed this morning following a brief suspension linked to takeover speculation. The halt was requested by the company on Wednesday after sharp moves in the share price and rumours circulating on investor bulletin boards.
| Metals & Mining Industry | Materials Sector | Mr. Mohammed Reza Vaziri CEO | OTC PINK Exchange | GB00B0C18177 ISIN |
| AZ Country | 900 Employees | 29 Jun 2023 Last Dividend | - Last Split | - IPO Date |
Anglo Asian Mining PLC is a significant player in the mining industry, focusing on the exploration and production of various precious metals. Established in 2004, the company has positioned itself in Azerbaijan, where it operates through its subsidiaries. Anglo Asian Mining PLC's strategic focus on this region leverages Azerbaijan's rich mineral resources, underlining its commitment to extracting value from its gold, copper, silver, and other precious metal properties. Headquartered in Baku, Azerbaijan, the company exemplifies a successful model of integrating local resources with international mining standards and practices.
Anglo Asian Mining PLC specializes in the exploration and production of gold, one of its primary resources. The company employs advanced geological and metallurgical technologies to discover, extract, and process gold ore. This involves a comprehensive approach from initial exploration stages to the final production of gold bars or ingots, catering to global gold markets.
The company is also engaged in the extraction of copper, a valuable metal used in electrical wiring, plumbing, and in the manufacture of alloys. Through its operations in Azerbaijan, Anglo Asian Mining taps into rich copper deposits, implementing efficient mining and processing techniques to produce high-grade copper products for industrial use.
In addition to gold and copper, Anglo Asian Mining PLC extends its portfolio to include silver production. Silver, known for its conductivity and malleability, is sought after in various sectors, including the jewelry industry and electronic manufacturing. The company's silver production underlines its diversified approach to mining and optimizing the potential of its concessions.
The exploration and production activities of Anglo Asian Mining PLC are not limited to gold, copper, and silver alone. The company also identifies and develops projects involving other precious metals, further diversifying its product range. This strategic expansion into various precious metals allows Anglo Asian Mining to tap into different market segments and meet the growing demand for these resources worldwide.