Anglo Asian receives tailings dam raise authorisation
Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Anglo Asian Mining PLC, the AIM listed gold, copper and silver producer focused in Azerbaijan, has announced that its subsidiary, Azerbaijan International Mining Company Limited (AIMC), has received authorisation from the Government of Azerbaijan to raise the wall of its tailings dam.
On 5 August 2024, AIMC received authorisation from the Government of Azerbaijan to raise the wall of its existing tailings dam. Confirmation was also received that the construction work will comply with all health and safety requirements. Work on raising the tailings dam wall will start immediately. Resources are now being mobilised to restart production from the company’s agitation and flotation processing plants which is expected to take up to one week. An update will be provided in due course.
As previously stated, Anglo Asian will provide an update on production guidance for the year in due course. The company continues to prioritise the progression of its development portfolio, with the new Gilar mine expected to enter production in 4Q24.
Reza Vaziri, Chief Executive Officer of Anglo Asian Mining commented:
“We are delighted to have finally received authorisation from the Government of Azerbaijan to raise the tailings dam wall and work on its construction will start immediately. The authorisation of this tailings dam wall raise involved substantial work by both external consultants and other companies and the Government of Azerbaijan. I would like to whole-heartedly thank all of the parties involved.
“We have also started mobilising resources to restart flotation and agitation leaching processing and expect to recommence full production in approximately one week. This marks the end of a year-long disruption, and we look forward to normalising production. We also look forward to making swift progress on our strategic growth plan to transition to a multi-asset, mid-tier primarily copper producer by 2028.”
Read the article online at: https://www.globalminingreview.com/mining/06082024/anglo-asian-receives-tailings-dam-raise-authorisation/
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