REG - Anglo Asian Mining - Establishment of a Sustainability Committee

Anglo Asian MiningAnnouncement

13/03/2024 07:00

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RNS Number : 5771G  Anglo Asian Mining PLC  13 March 2024

13 March 2024

 

Anglo Asian Mining PLC

Establishment of a Sustainability Committee

 

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold,
copper and silver producer focused in Azerbaijan, is pleased to announce that
the Company's Board of Directors has established a Sustainability Committee,
which will be chaired by Professor John Monhemius.

 

The Sustainability Committee, as part of Anglo Asian's commitment to
responsible mining practices, will oversee the development of the Company's
strategy and activities related to its sustainable development and social
responsibility. Aligning with its commitment to generate value for all
stakeholders, this initiative reflects Anglo Asian's dedication to operational
safety, sustainable practices, environmental stewardship and community
engagement.

 

The committee will be comprised of Professor John Monhemius, Mr William
Morgan, Dr Stephen Westhead, Mr Farhang Hedjazi, Mr Tarkan Yazici and Ms Aynur
Atayeva, each bringing diverse expertise and perspectives to drive meaningful
progress in sustainability initiatives within the Company.

 

The Company's climate policy is available at
https://wp-angloasianmining-2020.s3.eu-west-2.amazonaws.com/media/2024/03/AAZ-Climate-Policy_final_version-2.pdf
(https://wp-angloasianmining-2020.s3.eu-west-2.amazonaws.com/media/2024/03/AAZ-Climate-Policy_final_version-2.pdf)
.

 

**ENDS**

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No
596/2014, which was incorporated into UK law by the European
Union (Withdrawal) Act 2018, until the release of this announcement.

 

For further information please contact:

 

 Anglo Asian Mining plc

 Reza Vaziri, Chief Executive Officer                            Tel: +994 12 596 3350
 Bill Morgan, Chief Financial Officer                            Tel: +994 502 910 400
 Stephen Westhead, Vice President                                Tel: +994 502 916 894

 SP Angel Corporate Finance LLP (Nominated Adviser and Broker)   Tel: +44 (0) 20 3470 0470

 Ewan Leggat

 Adam Cowl

 Hudson Sandler (Financial PR)                                   Tel: +44 (0) 20 7796 4133

 Charlie Jack

 Harry Griffiths

 

About Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a
high-quality portfolio of production and exploration assets in Azerbaijan.
The Company produced 31,821 gold equivalent ounces ("GEOs") for the year
ended 31 December 2023.

 

On 30 March 2023, the Company published its strategic plan for growth which
shows a clearly defined path for the Company to transition to a multi-asset,
mid-tier, copper and gold producer by 2028, by which time copper will be the
principal product of the Company, with forecast production of around 36,000
copper equivalent tonnes. It plans to achieve this growth by bringing into
production four new mines during the period 2024 to 2028 at Zafar, Gilar,
Xarxar and Garadag.

 

https://www.angloasianmining.com/ (https://www.angloasianmining.com/)

 

 

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