Zamani: Anglo Asian Mining Plc ready to take part in COP29

Anglo Asian Mining PLC, the AIM listed gold, copper and silver producer focused in Azerbaijan, is ready to take part in the next session of the Conference of the Parties to the UN Framework Convention on Climate Change COP29 in November in Baku, non-executive chairman of the British company Khosrow Zamani said, Report informs.

“As I am sure everyone is aware, COP 29 will be held in Baku in November 2024. Preparations for the conference are well underway with some governments already establishing staff resources in Baku in advance of the conference. The Company welcomes this opportunity for Azerbaijan to showcase its capital city and, as a significant business in Azerbaijan, it intends to fully participate in the conference where appropriate,” he noted.

Anglo Asian Mining is currently extracting precious metals from the Gadabay and Gosha contract areas.

The PSA type contract was signed on August 21, 1997 and provided for the development of six fields. Azerbaijan’s share in the contract is 51%, Anglo Asian Mining PLC - 49%. The company owns the rights to develop eight contract areas in Azerbaijan.