Anglo Asian Mining reported third-quarter copper output of 5,514 tonnes, up 141% year on year and above the 5,129 tonnes of the previous quarter, driven by the ramp-up of its Demirli mine in Azerbaijan, which contributed 3,824 tonnes; Gedabek supplied the remaining 1,690 tonnes. Nine-month copper production reached a record 14,354 tonnes, more than four times the 3,476 tonnes produced a year earlier. Concentrate sales in the quarter totalled $80.5 million, gold output was broadly flat at 6,781 ounces, and silver rose 27% to 52,969 ounces. Net cash fell to $47.1 million from $57.7 million at the end of June, mainly due to a $30.1 million working capital increase tied to September concentrate sales, with proceeds received in October. The company reiterated its 2026 guidance and expects Demirli to reach steady-state production by the end of November.
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