Anglo Asian Mining revenue falls amid production slowdown, but outlook brightens with new mines

22 May 2025 15:16 (UTC+04:00)

Akbar Novruz

In 2024, operations at the Gedebay agitation filtration and flotation processing facilities were temporarily suspended. Additionally, mining was limited to the Gedebay open-pit and “Qadir” underground mines, both of which are approaching the end of their lifespans. These constraints led to the processing of lower-grade ore, reducing output significantly. A decrease in production volumes primarily drove the revenue drop, although rising global metal prices helped mitigate the losses. In 2024, operations at the Gedebay agitation filtration and flotation processing facilities were temporarily suspended. Additionally, mining was limited to the Gedebay open-pit and “Qadir” underground mines, both of which are approaching the end of their lifespans. These constraints led to the processing of lower-grade ore, reducing output significantly. Total production for the year stood at...

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