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Aeris continues work to build copper pipeline
['Staff Writer']
Australian Mining
Aeris Resources’ acquisition of Peel Mining and the commencement of early works on its Constellation Project have highlighted its June quarterly results, as the company continues to strengthen its copper operations.
Aeris said the expanded Mineral Resource and Ore Reserve inventory will support its strategy of developing a multi-mine copper operation, centred on the Tritton processing infrastructure.
Updated Mineral Resource and Ore Reserve estimates released during the period showed total Mineral Resources increased 70 per cent to 33 million tonnes containing approximately 540,000 tonnes of copper, while Ore Reserves increased to 10 million tonnes containing around 180,000 tonnes of copper.
Tritton produced 23kt of copper during FY26, a 19 per cent increase on the previous year, while Cracow delivered 40.6koz of gold.
Group copper equivalent production reached 42.1kt for the financial year, within guidance.