Anglo Asian Mining PLC (AGXKF)
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Anglo Asian lifts copper output after upgrades at Gedabek plant
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 starts copper concentrate sales from Demirli mine
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 jumps as trading resumes and ACG circles with possible bid
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.
Takeover clock ticking as ACG confirms bid interest in Anglo Asian; no formal offer tabled
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has confirmed that trading in its shares will resume this morning after a brief suspension prompted by online speculation and an early-stage approach from ACG Metals Ltd (LSE:ACG, OTC:ACGAF). ACG said yesterday that it is “in early stages of considering making an offer” for the entire share capital of Anglo Asian.
Anglo Asian strikes copper sales deal with Trafigura at Demirli mine
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has signed a sales agreement with commodities trader Trafigura for copper concentrate produced at its Demirli mine in Karabakh, Azerbaijan. The deal includes a revolving prepayment facility of up to $25 million, giving the miner access to working capital as production ramps up.
Anglo Asian Minng reports record copper production
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) told investors it has seen record quarterly copper production of 2,287 tonnes for the three months to 30 September 2025, a 250% increase on the prior quarter following first output from the Demirli mine and a full quarter from its operations at Gilar. Gold production, meanwhile, rose to 6,798 ounces and silver to 41,605 ounces.
Anglo Asian lifts output forecasts after new mines come online
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has raised its production targets for the year after bringing two new copper and gold mines into operation in Azerbaijan, marking a major step in its shift towards becoming a predominantly copper producer. The company now expects to produce between 8,100 and 9,000 tonnes of copper and 25,000 to 28,000 ounces of gold in 2025, up sharply from last year's 377 tonnes of copper and 15,073 ounces of gold.
Anglo Asian Mining shares climb 7% as Demirli copper mine begins production
Shares in Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) rose 7% after the group confirmed the start of production at its Demirli copper mine in Azerbaijan's Karabakh Economic Region. This marks the second new mine to come online for the company this year and strengthens its ambition to become a mid-tier, multi-asset copper producer.
Anglo Asian Mining begins production at Demirli copper mine, supporting growth strategy
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has started production at its Demirli copper mine in the Karabakh Economic Region of Azerbaijan, marking the second new mine to enter production for the group this year. The move underpins the company's strategy to become a multi-asset, mid-tier copper producer.
Anglo Asian Mining: New Gilar mine already making impact with Demirli next
Anglo Asian Mining Plc's (LSE:AAZ, OTC:AGXKF) new Gilar mine is performing well and delivered a meaningful contribution to June's production, the company said in an update, in which it revealed a strong rise in production. "Gilar is an important asset for us as we transition to a multi-asset producer, and our production assets will be significantly enhanced when Demirli enters production," said CEO Reza Vaziri.
Anglo Asian builds momentum with new mines as confidence returns after challenging year
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) said momentum and confidence had “continued to increase significantly” in recent months as it brought new mines into production and recovered from a difficult 2024 marked by suspended operations and tight cash flow. Speaking at the company's annual general meeting in London, chief executive Reza Vaziri acknowledged the past year had been “challenging,” with limited output due to delays in raising the wall of its tailings dam at Gedabek, its flagship mine in Azerbaijan.
Anglo Asian Mining gets independent ESG rating
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has received its first sustainability rating from ESG assessor Digbee, with both the company and its Gedabek mine receiving a ‘BB' rating. The BB score reflects a strong base for future improvement in environmental, social and governance performance, the company noted.
