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Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) is increasing processing capacity at its Gedabek and Demirli operations in Azerbaijan, aiming to lift recoveries and margins through relatively modest plant upgrades as it builds toward a larger copper production profile.
At Gedabek, the company said a flotation plant upgrade is on track for completion by the end of April. The project involves nine newly installed Imhoflot pneumatic flotation cells intended to process higher-grade ore from the Gilar mine and improve gold and copper recoveries.
Anglo Asian said the upgrade is expected to cost about US$1.8 million and should support margin enhancement and long-term profitability.
Beyond the flotation work, wider site upgrades include an Energy Efficient Pulp Lifter system, an industrial shredder, a new licensed maintenance programme, and planned fibre optic monitoring at the tailings dam embankment.
At Demirli, both the SAG mill and ball mill are now operational after a replacement gearbox shaft was fitted to the ball mill in the first quarter.
The company also reported encouraging results from bio-heap leach column tests. Copper recoveries in the tests have reached up to 78%, which it said supports further evaluation of bio-heap leaching as a potential future production route.
Vice president Stephen Westhead said investing in processing capacity is important to maximise returns from expected increased production volumes in the coming years while executing the company’s growth strategy. He also cited progress at the company’s future Xarxar and Garadag projects.
Anglo Asian said feasibility work is progressing at Xarxar and Garadag, with consultants expected to be appointed in the coming weeks. Pilot mining studies are already underway at Garadag, while Xarxar ores are being prepared for copper bio-heap leach testing.
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