Anglo Asian Mining enlists Worley for Xarxar, Garadag feasibility studies in Azerbaijan
Anglo Asian Mining PLC, the AIM listed gold, copper and silver producer focused in Azerbaijan, has appointed Worley Europe Limited as its contractor to complete the Xarxar and Garadag feasibility studies.
Worley Europe Limited is part of Worley, a global company of energy, chemicals and resources experts headquartered in Australia. It partners with customers to deliver projects and create value across the life of their assets. The company is currently finalising a contract with Worley Europe Limited for the studies.
The feasibility studies will assess the options for copper heap leach processing and solvent extraction-electrowinning (SX-EW) for Xarxar and Garadag. This process produces marketable copper metal directly at the mine site, instead of copper concentrate which has to be exported to produce copper metal via smelting and refining. This is the first time it is proposed that copper as copper metal will be produced by the company or in Azerbaijan.
The feasibility studies are expected to be finalised mid-2027 for Xarxar and the first half of 2028 for Garadag.
The company is also planning a 90,000 m core drill program for 2026 and 2027. This comprises both exploration drilling of around 55,000 m and drilling for the feasibility studies of around 35,000 m. Core drilling has commenced at Xarxar with two drill rigs in operation. It is expected that drilling will commence at Garadag in the September quarter of 2026.
The drilling for the feasibility studies includes geological infill drilling for mineral resource estimate updates, and geotechnical, hydrogeological, metallurgical and condemnation drilling at Xarxar (about 10,000 m) and at Garadag (about 25,000 m).
Stephen Westhead, Vice President of Anglo Asian Mining, said: “Following a rigorous selection process, we are delighted to appoint Worley Europe Limited as our contractor for the feasibility studies at Xarxar and Garadag, which host over 1 Mt of copper metal and are critical to our growth strategy. These studies, combined with the associated drilling program, will enable us to construct the mines.
“Our licence areas still have significant potential for mineral discoveries. We are continuing our exploration programme which has historically been very successful. The future roadmap for our transition to become a mid-tier multi-asset, copper and gold producer is clear, and these initiatives will ensure the continued growth of the company as we continue to deliver shareholder value.”
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