Anglo Asian Mining orders $10M equipment for Zafar and Gilar mines

Anglo Asian Mining placed orders for approximately $10 million in mining equipment from Epiroc, Caterpillar, Paus, and Tunelmak for its new Zafar and Gilar mines in Azerbaijan.

“The total equipment cost is approximately $10 million, approximately 40% of which will be met from the company’s existing cash reserves with the remaining being funded through vendor financing.”im-mining.com

• 1 source
• im-mining.comAnglo Asian bolsters Azerbaijan mining fleet with Epiroc, Cat, Paus and Tunelmak equipment - International MiningDaniel GleesonFeb 22, 2023

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