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Anglo Asian Mining shares data on power expansion

Economy Materials 23 November 2022 10:20 (UTC +04:00)
Anglo Asian Mining shares data on power expansion
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, November 23. The British Anglo-Asian Mining (AAM) company, which is a gold, silver, and copper producer in Azerbaijan, invests $2.5 million in a flotation plant, Trend reports citing the press service of AMM.

These investments are going to double the capacity of the complex. The funding is going to be allocated from Anglo Asian Mining's budget.

"The expansion of the flotation unit will allow the company to increase the ore processing bandwidth from new mines, including the "Zafar" deposit, which is expected to be launched in the second half of 2023, in short, and medium terms. The expansion of the plant will help the company achieve its goal of manufacturing 100,000 ounces of gold equivalent," said in a statement.

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