Established Australian copper and gold producer and explorer Aeris Resources Limited (ASX: AIS) has announced that copper production at the Tritton Copper Operations for FY2020 was 25,041 tonnes, about 2% above the upper limit of the previously announced guidance of between 23,500 and 24,500 tonnes.
Aeris Resources Executive Chairman, Andre Labuschagne, commented: “This is a fantastic result, particularly when one considers that the Tritton Copper Operations were materially impacted by water availability and water quality issues during the summer months. Once again the Tritton team has shown what can be achieved when we are all working towards a common goal.”
“FY2021 is shaping up to be an exciting year for the Company. Along with Tritton, we now have ownership of the Cracow Gold Operations, the demand fundamentals for our primary commodities, copper and gold, are looking strong and we have exciting brownfields and greenfields exploration opportunities at both of our operations.”
FY2021 Production Guidance:
Copper production at the Tritton Copper Operations is 23,500 to 24,500 tonnes at a C1 Cash Cost of A$2.80/lb to A$2.95/lb; and
Gold production guidance at the Cracow Gold Operations is 70,000 – 75,000 ounces at a C1 Cash Cost of A$980/oz