Copper production at Demirli mine below forecast - Report

15:23 - 15.01.2026


January 15, Fineko/abc.az. British gold, copper and silver producer Anglo Asian Mining plc, operating in Azerbaijan, produced 7,915 tons of copper and 25,061 ounces of gold in 2025. While in 2024 it was 377 tons and 16,760 ounces, respectively.

ABC.AZ informs, referring to company's report, in the last quarter of 2025 alone, that the company produced 4,439 tons of copper (94% more than in the previous quarter).

This increase is linked with the grown production at the Gedabek and Demirli mines.

Revenue from sales in the 4th quarter was $57.3 million, and net cash flow - $16.7 million. Net cash flow at the end of the year was $2.5 million.

The report notes that a second filter press has been installed at Gedabek deposit, and modernization work has begun at the flotation plant, which will increase the processing of high-quality Gilar ore. Currently, 53,190 tons of Gilar ore have been accumulated at Gedabek, with a gold content of 1.8 grams and a copper content of 3.58%.

By the end of 2025, copper production at the Demirli mine was slightly lower than the forecast due to technical inspections - 3,128 tons. And gold production reached 25,061 ounces, which corresponds to the lower limit of the forecast. The cost at the end of the year was 2,457 tons of copper concentrate at the price of $12,504 per ton.