AMI 2.86% 18.0¢ aurelia metals limited

News: AMI Aurelia Metals Posts FY Net Profit From Ordinary Activities $99.1 Mln, page-192

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    • The underground development of Great Cobar is expected to add significant mine life (+6 years) to the operation, with the ~1.8km decline extension from New Cobar unlocking an initial mining inventory for +2.4Mt in copper-rich ores (~2.7% Cu, 1g/t Au, NSR ~A$202/t) and +0.6Mt of Pb+Zn-rich ores (13.8% Pb+Zn, NSR ~A$274/t), with potential for first ores from CY20.
    • Work continues at lowering the fixed costs at Peak (targeting
 
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