ANGLO ASIAN MINING PLC - Final results for the year ended 31 December 2025

Anglo Asian Mining PLC delivered a transformational 2025 investor update, highlighting strong financial results, operational expansion, and a clear growth strategy focused on becoming a mid-tier multi-asset copper and gold producer. The company reported revenue of nearly $123 million, a return to profitability with profit before tax of approximately $26 million, and positive net cash flow, supported by the successful ramp-up of the Gilar and Demirli mines. Production exceeded 25,000 ounces of gold and almost 8,000 tonnes of copper despite partial-year contributions from new operations. Management reinstated dividends at 4 US cents per share and reaffirmed 2026 guidance of 20,000–25,000 tonnes of copper and 28,000–33,000 ounces of gold at competitive all-in sustaining costs (AISC). Anglo Asian also outlined an ambitious medium-term growth plan targeting 50,000 tonnes of annual copper production through the development of the major Garadag and Xarxar (Haha) copper projects, which collectively host more than 1 million tonnes of contained copper. The company continues to invest heavily in exploration, feasibility studies, processing upgrades, and tailings infrastructure while maintaining strong ESG standards and disciplined capital management. Management emphasized robust financing options, improving margins, expanding mineral resources, and long-term shareholder value creation through sustained production growth and operational diversification in Azerbaijan’s emerging mining sector.