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Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) reported a productive and 'truly transformational' year, in which it produced 7,915 tonnes of copper and 25,061 ounces of gold. The small cap miner, with its Q4 production report card, confirmed Q4 copper production of 4,439 tonnes, a 94% increase quarter-on-quarter, driven by ramp up at the both Gedabek and Demirli mines. It also highlighted a net cash inflow of US$16.7 million in the quarter, with sales proceeds of US$57.30 million. And, the miner ended 2025 with US$2.5 million of net cash. '2025 was a truly transformational year for Anglo Asian, during which time we became a multi-asset producer in line with our growth strategy, and achieved considerable momentum within our copper operations. In addition to bringing the Gilar and Demirli mines into production, we continued to invest in improving our operations such as the ongoing upgrade to the Gedabek flotation plant,' said chief executive Reza Vaziri. Vaziri, meanwhile, noted that it slightly missed copper production guidance due to maintenance work on the Demirli ball mill, but it was offset by 'excellent sales and favourable metal prices'. Anglo Asian completed its first sales of Demirli copper concentrate, with the sales were made from its newly established logistics centre. Also, in a separate statement, the company welcomed the President of the Republic of Azerbaijan, Ilham Aliyev, on an official visit to the Demirli mine on 13 January. The visit followed the mine project's recent milestones. Meanwhile, at Gedabek, the company installed a second filter press. It has also started upgrades to the flotation plant. Anglo Asian said the work will increase capacity and enable processing of high-grade Gilar ore. It said 53,190 tonnes of Gilar ore grading 1.8 grammes of gold and 3.58% copper is now stockpiled at Gedabek. At the end of December, the company retained an unsold gold doré and copper concentrate inventory worth a total of US$37.70 million. It said inventory included concentrate containing 2,457 tonnes of copper valued at US$12,504 per tonne.
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