AIC Mines (ASX: A1M)
We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.
AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt.
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Eloise Copper Mill – Credits AIC Mines
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| AIC Mines | ASX: A1M | |
| Stage | Production, development | |
| Metals | Gold, copper | |
| Market Cap | A$189 Million @ A$0.31 | |
| Location | Queensland, Australia | |
| Website | www.aicmines.com.au/ |
City Investors Circle Initiating Coverage of AIC Mines
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AIC Mines (ASX: A1M)
We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.
AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt.
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ABOUT AIC MINES
AIC Mines is a growth focused Australian resources company.
Its strategy is to build a portfolio of gold and copper assets in Australia through exploration, development and acquisition.
AIC owns the Eloise copper mine, a high-grade operating underground mine
located SE of Cloncurry in North Queensland.
AIC Mines is also advancing a portfolio of exploration projects that are prospective for copper and gold.
CAPITAL STRUCTURE
Shares on Issue: 575,682,640
BOARD MEMBERS
Josef El-Raghy – Non-Executive Chairman
Aaron Colleran – Managing Director & CEO
CORPORATE DETAILS
ASX: A1M
www.aicmines.com.au
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AIC project location map – Credits AIC Mines
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To View AIC Mines’ historical news, please click here
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City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
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Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.
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Disclosure
At the time of writing the author holds shares in AIC Mines.
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