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Company Profile

Azerbaijan International Mining Company (AIMC) is the biggest gold, copper, and silver production company in Azerbaijan, with eight operation contract areas covering over 2,400 square kilometers. AIMC is the first company to build an underground mine in Azerbaijan follow the discovery of metal ores by its in-house exploration department. The company operates both open pit and underground mines, and processes ores through five methods depending on ore type and grade to produce gold dorè or copper concentrate. AIMC has many “firsts” in Azerbaijan relating to technical investigation of geology, extractive mining methods and mineral processing. Due to these activities, AIMC contributes significantly to the development and growth of the mineral sector of Azerbaijan.

Recent history of AIMC included the award of three new contract areas where the company has identified copper mineralisation. Given the experience of AIMC with the production of copper concentrate at its Gedabek projects and the copper project investment into Libero by the parent company, Anglo Asian Mining PLC, the company looks forward to developing its copper resources in Azerbaijan. Copper is an essential resource for future global development.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Company’s Values

  • Safety: We take care of our safety, health, wellness and environment by recognising, assessing and managing risk, and choosing safer behaviors to pursue a hazard reduced and safe workplace.
  • Sustainability: We serve as a facilitator for local economic development and as responsible guardians of the environment.
  • Integrity: We behave ethically and respect each other and the customs, cultures and laws wherever we operate.
  • Inclusion: We create a comprehensive environment where employees have the opportunity to contribute, develop and work together to deliver our strategy with a sustainable approach.

© 2022 Azerbaijan International Mining Company. All rights reserved.

HEALTH, SAFETY & ENVIRONMENT POLICY

Azerbaijan International Mining Company (AIMC) believes that care for our people and the environment is an integral and vital part of our business. AIMC is committed to conducting all of its activities, including exploration, operations and decommissioning, in a responsible manner that minimises risks to the health and safety of personnel and protects the environment.

Hence, we are committed to:

  • Providing a safe and healthy workplace, ensuring that our employees and contractors can perform their tasks safely, without accidents, injuries, or incidents.
  • Protecting the environment by minimizing our impact on it.
  • Integrating health, safety and environment considerations into our business planning.
  • Complying with all applicable laws, regulations and international standards.
  • Setting objectives and targets, monitoring and reviewing Health, Safety & Environment performance, including risk assessment.
  • Undertaking constructive dialogue with the communities located near our operations as to public safety issues
To achieve these objectives, AIMC will establish Health, Safety and Environment standards at their operations and projects, and will continually implement, as priorities, accident prevention, hazard control, environmental impact mitigation and employee training and involvement.

All AIMC managers in all areas of the business shall

  • Ensure that all employees and contractors are properly trained, enabling them to work competently and safely in undertaking their tasks.
  • Design mine and site facilities that safeguard the health and safety of all employees and contractors, prevent pollution, consider resources and energy, and reduce waste.
  • Minimize the use of hazardous substances and materials wherever possible and utilize best practices.
  • Promote a culture of communication, responsibility and involvement in Health, Safety and Environment.
All AIMC employees and contractors shall share the responsibility to:

  • Work in a healthy and safe manner and take due care of the environment.
  • Promptly report any incidents, accidents, unsafe practices or conditions that they witness.
  • Actively participate in the support and promotion of Health, Safety and Environment in the workplace.
Our ultimate objective is to achieve best practice in our Health, Safety and Environment performance, placing the highest possible value on life, health, well-being and protection of the environment.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Education & Training

Within Community Development, Education projects are always a main focus of the company. AIMC started with offering free Computer classes to the community in 2011 followed by an English classes program that was launched in 2013. The English classes were received very enthusiastically by the youth in Gedabek. Over 800 students have benefited from our education programs.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Sport Projects

i. Football was one of the sport projects that was created in 2015, with a focus on children activity. The Company supports projects by providing all required supplies like football kit, training shoes, footballs, etc. One of our students was selected to be one of the players of the Galatasaray junior staff.

ii. Taekwondo is our most recent sports project. The project first started with 20 children in 2019 and as of today, the number of students is over 140. One of the students, who holds a black belt, attained a gold medal in the Junior European Championship, the first in Azerbaijan Taekwondo history.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Social Support

Apart from regional infrastructure development projects, AIMC also provides more local assistance projects as well. To improve the health of residents, AIMC covers medical expenses of residents, who require assistance. Every holiday, the Company provides over 130 food boxes to low-income families. Close to 20 children receive school supplies and uniforms each year. Also, to improve living conditions, AIMC provides construction material supply to residents. We are more than what we say, we try to create positive impact in the Community and hope.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Local Infrastructure

Infrastructure projects form a large part of community projects of AIMC. Until now the Company has built a school in Arikhdam village, a kindergarten in Gumlu village, repaired bridges, supported two villages to obtain potable water. The main local infrastructure project that company supports continually is road maintenance, which it has done many times in Gedabek and the surrounding villages.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Sustainable Business

i. The residents of Gedabek have confirmed that the Beekeeping project as established and funded by AIMC was one of the most profitable business projects for them. There was a total of 52 participants that produced in the order of 10 tons of honey per annum. AIMC supported them by providing them with specialty training as well as a variety of bee types. AIMC also provided loans to beekeepers to help them get their business started and ensure that it thrived.

ii. The Carpet Center is the Company's most recent project which is focused on ensuring sustainable employment of women. The project is focused on teaching new skills on carpet weaving to women to enable them to become financially independent by learning a trade. AIMC will work closely to develop the project and provide the Carpet Center continued support.

© 2022 Azerbaijan International Mining Company. All rights reserved.

Local employment focus

Since its establishment, AIMC has contributed to employment in its operations locality. The Company aimed to contribute to the national employment objectives as well as to enhance social cohesion by creating jobs to empower residents and improve their social welfare, especially focusing on disadvantaged groups. Working hand in hand with local authorities, the Company managed to identify residents in need of job opportunities and as a result, significantly reshaped the local picture of unemployment. At the present, the number of local employees in the Company amounts to more than 80 % of the total number of full-time employees. The Company keeps residents of adjacent areas in the focal point of its recruitment policy as the main scope of its geology exploration and operation works take place in those areas.

© 2022 Azerbaijan International Mining Company. All rights reserved.

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© 2022 Azerbaijan International Mining Company. All rights reserved.

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