Anglo Asian Mining achieved record copper production of 8,840 tonnes in the first half of 2026, significantly up from 1,188 tonnes in the same period last year. This surge, driven by full contributions from its Gilar and Demirli mines, led to revenue rising to $141.2 million and profit before tax increasing to $68.5 million. The company generated $78.5 million in net cash from operations, ending June with $57.7 million in net cash. It maintained full-year copper and silver production guidance but lowered gold guidance due to weaker recoveries from Gilar ore, and declared a 6 US cents per share interim dividend payable in November.
Anglo Asian Mining's record copper production is notable context for readers. For those tracking Basic Materials, 18 of 34 US stocks in the sector rose while 15 fell. Notable prices as of Sep 21, 2026 14:21 WIB include Gold Fields Limited at USD 41.95 (-1.27%), Albemarle Corp. at USD 112.17 (+1.14%), and ArcelorMittal SA at USD 73.23 (+0.97%).
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