This episode focuses on Anglo-Asian Mining PLC (AAM) and its recent transformation in the mining industry. After over 25 years of quiet operation in Azerbaijan, AAM has rapidly expanded its operations by opening two new mines, Guilar and Demmerle, which significantly boosted their production. The company's Q3 numbers show a 50% increase in gold production and a remarkable doubling of copper output compared to the first half of the year. AAM aims to become a mid-tier copper and gold producer, with plans to reach an annual target of 36,000 tons of copper by 2030 while maintaining a policy to avoid shareholder dilution for funding new projects. The stability provided by Azerbaijan's favorable legal environment supports AAM's ambitious growth strategy.