Aeris Resources Limited (AU:AIS) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Aeris Resources Limited has signed a mining contract with Mackellar Group for the Murrawombie open pit project at its Tritton Operations in NSW, with operations set to commence in February 2025. The project aims to provide a significant portion of the mill feed in FY26 and reduce future rehabilitation costs by utilizing non-acid forming waste material. This strategic move is expected to enhance Aeris’ production capacity and cost efficiency, making it a notable development for investors.
For further insights into AU:AIS stock, check out TipRanks’ Stock Analysis page.