AIC Mines (ASX: $A1M) FY24 Production Guidance Achieved

AIC Mines Limited (ASX: $A1M) has announced that the Eloise Copper Mine has successfully achieved its FY24 Production Guidance of 12,500t of copper and 5,000oz of gold in concentrate. The company is targeting full year FY24 production from Eloise of approximately 12,500t Cu and 5,000oz Au in concentrate at an AISC of approximately A$5.00/lb Cu and AIC of A$5.20/lb Cu. AIC Mines has confirmed that Eloise has now achieved its FY24 copper and gold production guidance.

AIC Mines' Managing Director Aaron Colleran on Achievement

This is an excellent outcome and testament to the energy and ability of the team at Eloise and the targeted capital investment made by AIC Mines over the past two years.

AIC Mines' FY24 Outlook and Achievements

AIC Mines (ASX: $A1M) has successfully achieved its FY24 Production Guidance at the Eloise Copper Mine, demonstrating the company's commitment to operational reliability and efficiency. With a focus on employee engagement and strategic investments, AIC Mines aims to continue its positive trajectory. The achievement of production targets reflects the company's dedication to delivering on its promises and underscores its position as a key player in the Australian resources sector. Looking ahead, AIC Mines remains focused on further enhancing operational performance and maximizing the potential of its assets, positioning itself for sustained growth and success.