AIC Mines Limited Delivers FY26 Guidance While Advancing Eloise Expansion and Jericho Development
AIC Mines Limited (ASX: A1M) delivered its FY26 production guidance for the third consecutive year, producing 13,064 tonnes of copper and 6,621 ounces of gold in concentrate from the Eloise Copper Mine. The operation generated AU$63.3 million in net mine cash flow after capital expenditure, supporting ongoing investment in the Jericho mine development and the expansion of the Eloise processing plant. During the June 2026 quarter, the company produced 3,106 tonnes of copper and 1,706 ounces of gold in concentrate, although higher diesel prices and weather-related disruptions affected concentrate sales and operating costs.
Growth initiatives continued to progress, with installation of the new ball mill completed and commissioning of the expanded 1.1 million tonnes per annum processing plant remaining on schedule for the December 2026 quarter. Metallurgical trials confirmed Jericho ore performs in line with expectations, while drilling returned encouraging high-grade copper and gold intercepts across both the Jericho and Eloise projects. AIC Mines closed the quarter with AU$41.7 million in cash, providing financial flexibility as it advances production growth and exploration across its Queensland copper portfolio.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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AIC Mines Limited Delivers FY26 Guidance While Advancing Eloise Expansion and Jericho Development
AIC Mines Limited (ASX: A1M) delivered its FY26 production guidance for the third consecutive year, producing 13,064 tonnes of copper and 6,621 ounces of gold in concentrate from the Eloise Copper Mine. The operation generated AU$63.3 million in net mine cash flow after capital expenditure, supporting ongoing investment in the Jericho mine development and the expansion of the Eloise processing plant. During the June 2026 quarter, the company produced 3,106 tonnes of copper and 1,706 ounces of gold in concentrate, although higher diesel prices and weather-related disruptions affected concentrate sales and operating costs.
Growth initiatives continued to progress, with installation of the new ball mill completed and commissioning of the expanded 1.1 million tonnes per annum processing plant remaining on schedule for the December 2026 quarter. Metallurgical trials confirmed Jericho ore performs in line with expectations, while drilling returned encouraging high-grade copper and gold intercepts across both the Jericho and Eloise projects. AIC Mines closed the quarter with AU$41.7 million in cash, providing financial flexibility as it advances production growth and exploration across its Queensland copper portfolio.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au