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Aeris Resources Limited (ASX:AIS)

ALERT: Price-sensitive ASX Announcement for AIS
Current share price for AIS : $0.455 0.05 (12.35%)+
Announcement
Release
3 Aug 2026 9:52AM
Price at Release
$0.405
Full Release
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Summary
Aeris Resources Limited, an Australian mid-tier copper and gold producer, has outlined its FY27 production and cost guidance, focusing on growth and exploration to drive the next phase of development. The company aims to maintain similar production levels to FY26 with copper production expected between 22-27 kt, gold between 42-51 koz, and silver between 130-160 koz. The growth capital for FY27 is significantly increased, primarily due to developments at the Constellation project. Aeris plans to enhance its exploration efforts with substantial drill programs at its operational sites. Cost efficiencies are expected with a reduction in care and maintenance expenses. The strategy emphasizes infrastructure investment, particularly at the Tritton Copper Operations, and continued exploration to identify new resources and reserves.
Key Points
  • Aeris Resources Limited focuses on growth for FY27.
  • Copper production guidance for FY27 is 22-27 kt.
  • Gold production guidance for FY27 is 42-51 koz.
  • Silver production guidance for FY27 is 130-160 koz.
  • Increased growth capital due to Constellation project.
  • Significant exploration drill programs planned.
  • Reduction in care and maintenance costs expected.
  • Focus on infrastructure investment, especially at Tritton.
  • Continued exploration for new resources and reserves.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.