Demirli copper mine with first production, another milestone for Anglo Asian Mining

Anglo Asian Mining PLC has made a press release informing about first copper production at the Demirli copper mine, located in the Karabakh Economic Region of Azerbaijan. Demirli is the second new mine entering production in 2025, reinforcing our strategy of growth and diversification.

Demirli copper mine

The Forecast 2025 production is approximately 4,000 tonnes of copper in concentrate and the expected annual production from 2026 should be approximately 15,000 tonnes.

The company has completed ESIA and geotechnical studies, and a new tailings dam site was prepared. The infrastructure design is also finalized. The project provides over 150 new full-time jobs, plus 50 experienced transfers from other sites.

ESG commitments

In line with ESG commitments, a full Environmental & Social Impact Assessment has been completed. The Company is proud to have received inaugural sustainability rating from Digbee, a leader in ESG benchmarking for the mining sector.

Currently ore is being mined from an open pit and transported to Anglo Asian Mining flotation plant, powered by the national grid and supported by local water sources.

CEO statement

Reza Vaziri, CEO has stated: „I am very proud to announce the commencement of production from Demirli. It is hard to overstate the achievement of starting production from Demirli in such a short time. I would like to thank everybody involved for their efforts including all our employees and contractors. I would like to express further appreciation and thanks to our PSA partner, „AzerGold”​ CJSC , and the Government of Azerbaijan, who greatly assisted with permitting and administrative functions to allow the fast-track development of Demirli. Production from Demirli is a significant step in the Company transitioning into a multi-asset, mid-tier mining company focused in Azerbaijan. The Company is a first mover in the mining industry in Azerbaijan and continues to assist the Government to develop and grow its minerals extractive industry. Demirli, in particular, will contribute to the renaissance of the Karabakh Economic Region. We are expecting production from Demirli to ramp up this year to about 4,000 tonnes of copper, which will significantly increase our total copper production in 2025. The Company looks forward to issuing revised production guidance for 2025 in due course.”