Anglo Asian Mining PLC 2023 AR2

The report highlights Anglo Asian Mining PLC's operational and financial performance for the fiscal year 2023, a period marked by significant transition and unforeseen challenges, including the partial suspension of processing operations at Gedabek due to an environmental audit. Despite these challenges, the company advanced its strategic growth plan to transition into a mid-tier copper-focused producer, publishing maiden JORC mineral resource estimates for the Gilar and Xarxar deposits. Financially, the company generated revenues of $45.9 million, down from $84.7 million in 2022, and recorded a loss before tax of $32.0 million. The company also initiated tracking of Scope 1 and Scope 2 greenhouse gas emissions and aligned its reporting with the TCFD framework for the first time.

Company: Anglo Asian Mining PLC

Sector: Materials

Country: Azerbaijan

Year: 2023

Type: AR2

Pages: 126

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Anglo Asian Mining PLC

Anglo Asian Mining PLC 2023 Annual Report and Accounts

Annual Report And Accounts

The report highlights Anglo Asian Mining PLC's operational and financial performance for the fiscal year 2023, a period marked by significant transition and unforeseen challenges, including the partial suspension of processing operations at Gedabek due to an environmental audit. Despite these challenges, the company advanced its strategic growth plan to transition into a mid-tier copper-focused producer, publishing maiden JORC mineral resource estimates for the Gilar and Xarxar deposits. Financially, the company generated revenues of $45.9 million, down from $84.7 million in 2022, and recorded a loss before tax of $32.0 million. The company also initiated tracking of Scope 1 and Scope 2 greenhouse gas emissions and aligned its reporting with the TCFD framework for the first time.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Water Consumption

Employees