Anglo Asian Mining Starts Production at Gilar Underground Copper-Gold Mine in Azerbaijan

Published: May 20, 2025 09:28

Save

Anglo Asian Mining has achieved production at its Gilar underground copper-gold mine, located at the Gedabek site in Azerbaijan. Gilar is targeting the mining of approximately 2,000 tonnes of ore per day. Gilar is expected to reach a monthly production of 50,000 to 60,000 tonnes of ore following a steady ramp-up.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 mins ago

High copper prices suppress downstream purchasing, with operating rates and new orders continuing to decline

High copper prices and weak demand exerted dual pressure, keeping the enamelled wire industry in a subdued trend. This week, the operating rate of enamelled wire industry machines fell 2.47 percentage points WoW, and new order intake dropped 1.14 percentage points WoW.

7 mins ago

11 mins ago

High copper prices suppress downstream purchasing; operating rate and new orders continue to decline [SMM Enamelled Wire Market Weekly Review]

Enamelled wire industry machine operating rate fell WoW this week (Aug. 21-Aug. 27) ....

11 mins ago

19 mins ago

Capstone completes San Pietro acquisition, consolidating Atacama copper district

Capstone Copper completed the acquisition of the San Pietro copper-gold-iron-cobalt project in Chile's Atacama region on 31 August 2026, paying US$25 million in Capstone shares to New Golden Exploration Chile, a joint venture of Golden Arrow and SSA. Situated between its Mantoverde, Santo Domingo and Sierra Norte properties, San Pietro adds about 16,000 hectares of highly prospective ground. The Rincones and Colla deposits host an inferred resource of 492 million tonnes at 0.23% copper and 0.05 g/t gold. Within a 20 km radius Capstone's concessions now hold roughly 1.6 billion tonnes of measured and indicated resources plus 1.4 billion tonnes inferred. Following the 2024 Sierra Norte purchase and a 2025 ENAMI option, the deal consolidates district infrastructure and expands future copper growth optionality.

19 mins ago