# 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.

- Type: Contract
- Announced: 2023-02-22
- Where: Zafar and Gilar mines, Azerbaijan
- Value: $10.0M
- Status: announced
- Products: drills, loaders, wheel loaders, swivel loaders, basket platforms, shotcrete pump
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Caterpillar](https://endata.com/companies/1968.md) (supplier)
- [Epiroc](https://endata.com/companies/12991.md) (supplier)
- [Anglo Asian Mining](https://endata.com/companies/68704.md) (customer)
- [Paus](https://endata.com/companies/68705.md) (supplier)
- [Tunelmak](https://endata.com/companies/68706.md) (supplier)

## Sources

- [im-mining.com](https://im-mining.com/2023/02/22/anglo-asian-bolsters-azerbaijan-mining-fleet-with-epiroc-cat-paus-and-tunelmak-equipment/), 2023-02-22: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.