Anglo Asian Begins Ore Extraction from Gilar Copper Deposit in Azerbaijan

Anglo Asian

First ore mined from high-potential Gilar copper deposit

Anglo Asian Mining has started ore extraction from the Gilar copper deposit, part of its Gedabek site in Azerbaijan. The company mined 1,267 tonnes of ore with an average copper grade of 0.65% in its first underground operation. This marks a major milestone for Anglo Asian’s 2023–2028 growth plan focused on boosting copper and gold output. As a result, the Gilar site is expected to play a key role in the firm’s long-term strategic expansion.

According to resource estimates, Gilar holds 6.1 million tonnes of ore with an average grade of 0.88% copper. This translates to roughly 54,000 tonnes of contained copper, based on a December 2023 technical review.

Production ramp-up targets monthly ore output of up to 60,000 tonnes

The company plans to gradually increase ore mining to 50,000–60,000 tonnes per month in the coming months. This development is part of phase one of Anglo Asian’s strategic plan, which includes opening three new mines by 2026. Gilar is the first of these new assets to begin production, showcasing the company’s shift toward copper-focused growth.

The Metalnomist Commentary

Anglo Asian’s launch of Gilar production signals the company’s pivot to copper amid global demand for energy transition metals. With resource-rich ore and solid ramp-up targets, Gilar may become a cornerstone of Azerbaijan’s modern mining industry. As copper’s strategic value grows, mid-tier players like Anglo Asian are positioning for outsized influence in regional supply chains.