British company Anglo Asian Mining Plc (AAM), which specializes in the extraction of gold, silver, and copper in Azerbaijan, has commenced production at Gilar, a new gold deposit located within the Gedabek site in the western part of the country.
The first ore from the Gilar mine was extracted in March 2025, and Anglo Asian Mining has now commenced full-scale mining operations. Activities are currently focused on Zone 4. Initially, the extracted ore will undergo agitation leaching to recover gold in the form of Dore alloy, followed by flotation to produce copper concentrate. According to the company’s press service, Anglo Asian plans to mine approximately 2,000 tonnes of ore per day.
"We are delighted to announce that Gilar has now entered production. After years of exploration and development works, I wish to thank all the team for their hard work in delivering this achievement. With over 54,000 tonnes of copper and 255,000 ounces of gold confirmed, Gilar is set to play a crucial role in our strategy to transition to a mid-tier, primarily copper-focused producer," - said Reza Vaziri, CEO of Anglo Asian, in the statement.
A maiden JORC mineral resources estimate was published on 11 December 2023, confirming the Gilar deposit contains 6.10 million tonnes of mineralisation with average grades of 0.88% for copper, totalling nearly 54,000 tonnes of copper, and 1.30 grammes of gold per tonne, containing over 255,000 ounces of gold.
Earlier this month, Gilar's first ore was mined, comprising 1,267 tonnes of ore grading an average of 0.65% copper (with a maximum of 1.63% copper) and 1.36 grammes of gold per tonne (with a maximum of 3.27 grammes of gold per tonne). While the mine development tunnels are being constructed, extracted ore will be stockpiled until processing commences.
The Company expects to ramp up production steadily in the next few months to achieve a monthly production target of around 50,000 to 60,000 tonnes of ore.
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