Anglo Asian Mining produces first batch of copper flotation concentrate at Gedabek site

24 November 2015 (Last Updated November 24th, 2015 18:30)

Anglo Asian Mining has produced the first batch of around 125 wet tonnes of copper flotation concentrate at its Gedabek mine in western Azerbaijan.

Anglo Asian Mining has produced the first batch of around 125 wet tonnes of copper flotation concentrate at its Gedabek mine in western Azerbaijan.

The company shipped 62 wet tonnes of this batch, which contained 8.9t of copper, 27oz of gold, and 1,275oz of silver. It expects to ship the remaining amount soon.

Anglo Asian will sell the flotation concentrate to Industrial Minerals under existing contract for copper concentrate produced by sulphidisation, acidification, recycling and thickening (SART) processing.

The company has currently planned an initial weekly production of 150 wet tonnes of concentrate and expects to ramp-up the production soon.

"The sales of concentrate produced by the flotation plant are an important part of our plans to return Anglo Asian to profitability."

Anglo Asian CEO Reza Vaziri said: "Approximately half this batch has already been shipped to the off-taker with the remainder to be shipped imminently.

"The sales of concentrate produced by the flotation plant are an important part of our plans to return Anglo Asian to profitability."

On 14 October 2015, the company said that the small-scale flotation plant was commissioned and is now in production.

Tailings from the agitation leaching plant at Gedabek mine are being used as feedstock to produce copper concentrate.

The principal mining operation at Gedabek is conventional open-cast mining from several contiguous open-pits.

Ore obtained from the mine is processed using several industrial processes to produce either gold doré or a copper and precious metal concentrate.

The company has also narrowed its gold production target for the year to 31 December 2015 to between 72,000oz and 74,000oz of gold, which represents a rise of around 19% to 23% compared with the full year 2014 production of 60,285oz of gold.