Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Anglo Asian Mining produced 559mt of copper in Q1 up by 9pc from the prior year. The company shipped 2,018mt in Q1 while in the previous year, 279mt was sold. 

Production (mt) Q1 2020Q1 2019PC Change
Copper5595139%

 

The company’s production figures were in-line with the guidance provided earlier despite COVID-19 emergency, according to the company’s latest press release. The Company did not face any disruptions or production loss as it continued its operations despite the government of Azerbaijan implementing a series of restrictions to combat the spread of COVID-19. The operations of Gedabek and Gosha were not included in the government’s restrictions and continued to operate normally. Mining and production, as well as essential maintenance was being carried normally. 

 

Anglo Asian Mining is a gold, copper and silver producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. 

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