12:41 - 15.10.2026

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October 15, Fineko/abc.az. Anglo Asian Mining (AAM), a copper & gold mining company in Azerbaijan, has announced the financial and production results for the 3rd quarter of 2026.

In July–September, the company produced 6,781 ounces of gold compared to 6,798 ounces in the same period of last year. In the first 9 months of the year, overall gold production grew up to 19,110 ounces compared to 18,912 ounces for Jan-Sept 2025.

In the reporting quarter, the company sold 5,733 ounces of gold bullion at an average price of $4,259 per ounce compared to $3,430 a year earlier. AAM maintained its annual gold production forecast for 2026 at the level of 26,000-30,000 ounces.

By 2030, the company plans to increase annual copper production up to 50,000-55,000 tons due to development of new deposits - Kharkhar, Garadagh and Zafar.