AIC Mines (ASX: A1M)
Advised that the Eloise Copper Mine has exceeded its FY25 Production Guidance of 12,500t of copper and 5,000oz of gold in concentrate.
AIC was targeting full year FY25 production from Eloise of approximately
12,500t Cu and 5,000oz Au in concentrate at an AISC of approximately A$5.25/lb
Cu and AIC of A$5.50/lb Cu. Continue reading
Mining Review 22nd June 2025
A sombre week after the announcement of the tragic death of a worker in the Madsen Mine owned by West Red Lake Gold Mines.
Catalyst Metals and Meeka Metals announced positive drilling results. Continue reading
AIC Mines (ASX: A1M)
Announced new drilling results from resource definition and extension drilling at the
Jericho copper deposit located in North Queensland.
Step-out drilling at the Billabong shoot, 380 metres down-plunge of the nearest
drillhole, returned a high-grade intercept, 5.5m (4.1m ETW) grading 2.4% Cu from 696m. Continue reading
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. Continue reading
