Aeris Resources Limited (AU:AIS) has released an update.
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Aeris Resources Limited, an established Australian copper-gold producer, forecasts a stable copper equivalent production of 40 – 48kt for FY25, mirroring the previous year’s output. The company anticipates lower group operating costs following the completion of mining in North Queensland and will increase growth capital with a focus on the Tritton project, where improved mining rates from higher grade ores are expected to boost copper production.
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