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An announcement from Aurelia Metals Limited ( (AU:AMI) ) is now available.
Aurelia Metals Limited has approved the development of the Great Cobar Project, which is set to enhance its Peak operation by targeting an 8-year mine life with significant copper, gold, and silver production. The project, with a capital estimate of $91.8 million, is expected to begin ore production in FY28 and aims to leverage high copper prices. The development is internally funded, supported by strong cash flow and balance sheet, and is projected to significantly boost the company’s resource base and operational capacity.
More about Aurelia Metals Limited
Aurelia Metals Limited operates in the mining industry, focusing on the extraction and production of metals such as copper, gold, and silver. The company is known for its operations at the Peak mine, and it aims to optimize its market position through strategic projects like the Great Cobar Project.
YTD Price Performance: 23.00%
Average Trading Volume: 30,000
Technical Sentiment Signal: Buy
Current Market Cap: $257.2M
See more data about AMI stock on TipRanks’ Stock Analysis page.