Anglo Asian Mining revenue triples in H1, shares surge

Shares in Azerbaijan's copper and gold producer Anglo Asian Mining surged 11.4% to 404p, their highest one-day gain since June 18. First-half revenue more than tripled year-on-year to $141.2 million, with pre-tax profit jumping to $68.5 million from $7.1 million a year earlier. The company maintained its 2026 copper production guidance but reduced its 2026 gold production guidance to 26,000-30,000 ounces from 28,000-33,000 ounces. Anglo Asian Mining shares are up approximately 47% so far this year.