Anglo Asian Mining, a gold, copper, and silver producer focused on Azerbaijan, announced that it is currently reviewing the findings of the final health, safety, and environmental management report for the tailings dam management at its Gedabek concession. The London-listed company is in active discussions with the government and local communities regarding the implementation of the report’s recommendations.
Micon International recently completed the report, which outlined various issues related to emergency response capabilities for cyanide incidents and highlighted certain operational and social aspects of the site. However, the report did confirm that radiation levels at Gedabek were within natural background conditions for the area. Additionally, it stated that no soil sample contained cyanide levels above the limits of analytical detection.
Anglo Asian Mining intends to provide further updates, including information on the resumption of agitation leaching and flotation processing at Gedabek. Previously, the company expressed concerns about its ability to continue operations until the report’s publication.
At 08:45 GMT, shares of Anglo Asian Mining saw a 9.8% increase, trading at 61.50 pence.