Anglo Asian Mining (AIM:AAZ) maintained its 2026 guidance while reporting audited results for the year ended 31 December 2025, with revenue of US$122.8 million and profit before taxation of $25.8 million.
The Group produced 25,061 ounces of gold (2024: 15,073 ounces) and 7,915 tonnes of copper (2024: 377 tonnes) after bringing two new mines into production in 2025, Gilar (May) and Demirli (July).
"2025 was a historic year for Anglo Asian, as we achieved the first milestone of our growth strategy, becoming a multi-asset producer," Chief Executive Reza Vaziri said.
Revenue rose sharply as a full year at Gedabek and the start-up of Gilar and Demirli combined with stronger commodity prices and 29,695 dmt of copper concentrate shipments that generated $54.5 million of sales value (2024: 1,519 dmt, $2.5 million).
The Group finished the year with net cash of $2.6 million (2024: net debt $14.7 million), net cash flow from operations of $46.7 million, and the board reinstated a final dividend of US$0.04 per share payable on 27 August.
The company said it expects 2026 production of 20,000-25,000 tonnes of copper at AISC $6,800–$7,800/tonne and 28,000-33,000 ounces of gold at AISC $1,500–$1,800/ounce.
