Anglo Asian Mining (GB:AAZ) has released an update.
Anglo Asian Mining PLC announces positive technical and environmental approvals for the final raise of the tailings dam wall at its Azerbaijan subsidiary, AIMC. The construction, which awaits some administrative formalities, will increase the dam’s height in two stages, supporting the company’s growth strategy. This development is part of Anglo Asian’s plan to become a mid-tier miner with a strong portfolio, including the upcoming Gilar mine set for production in Q4 2024.
For further insights into GB:AAZ stock, check out TipRanks’ Stock Analysis page.