Aurelia Metals Limited (AU:AMI) has released an update.
Aurelia Metals Limited has announced updated Production Targets for its Peak and Federation Mines, with a significant 96% of the production comprised of Peak copper and Federation zinc-lead deposits. The Group Production Target stands at 8.2Mt with an estimated A$270/t Net Smelter Return (NSR), despite the Peak Production Target tonnage decreasing by 11% due to mining depletion and the removal of Dargues Mine from the 2024 target. There’s also potential for further resource growth through planned drilling activities.
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