Market Alert: Global Markets May Rebound Amid Signs of U.S. Economic Resilience
Aeris Resources Limited (ASX: AIS) achieved 10.3kt copper-equivalent production in Q1 FY26 at an AISC of AU$4.64/lb, in line with guidance. Both Tritton (NSW) and Cracow (QLD) operations delivered steady output and strong cost control, with group cash and receivables of AU$46.4 million at quarter end.
Tritton produced 6.1kt copper, supported by AU$25 million in growth capital for waste stripping at Murrawombie Pit, while exploration at Avoca Tank intersected mineralisation 400m down plunge of the existing resource. Cracow produced 8.9koz gold at an AISC of AU$3,692/oz, with a 20koz increase in mine plan and a new grade model for the Golden Plateau deposit. CEO Andre Labuschagne highlighted the solid start to FY26, underpinned by operational discipline, exploration success, and ongoing studies at the Stockman Project in Victoria.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.