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15 stories mentioning ASX:AISUpdated 25d ago

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Asia

Aeris Resources Fiscal 2026 EPS, Revenue Up

Aeris Resources (ASX:AIS) logged AU$0.156 in earnings per share for fiscal 2026, compared with AU$0.046 a year ago, a Thursday filing showed.For the 12 months ended June 30, revenue from ordinary activities was AU$702.8 million versus AU$577.1 million previously, the Australia-listed mining company added.Aeris Resources shares fell 2% in recent Thursday trade.

ASX:AIS
Research

Ord Minnett Upgrades Aeris Resources to Buy from Speculative Buy; Price Target is AU$0.75

Aeris Resources (ASX:AIS) has an average rating of buy and mean price target of AU$0.67, according to analysts polled by FactSet.

ASX:AIS
Asia

Aeris Resources Expects to Produce Up to 27,000 Tonnes of Copper in Fiscal Year 2027

Aeris Resources (ASX:AIS) expects to produce 22,000 to 27,000 tonnes of copper in fiscal year 2027, compared with 23,000 tonnes in fiscal year 2026, according to a Monday Australian bourse filing.The company said it expects to produce 42,000 to 51,000 ounces of gold in fiscal year 2027, compared with 49,000 ounces in fiscal year 2026, and 130,000 to 160,000 ounces of silver, compared with 256,000 ounces in fiscal year 2026, the filing added.The company's shares fell 2% in recent Monday trade.

ASX:AIS
Asia

Aeris Resources Boosts Mineral Resource, Ore Reserve Estimates Following Acquisition of Two Deposits; Shares Gain 3%

Aeris Resources (ASX:AIS) reported a 24% increase its group mineral resource, which is now estimated at 61 million tonnes, following the incorporation of resources at its recently acquired Mallee Bull and Wirlong deposits in New South Wales, according to a Thursday filing with the Australian bourse.The mineral resource estimate contains 950,000 tonnes of copper, 1.4 million ounces of gold, 1.1 million tonnes of zinc, and 43 million ounces of silver, per the filing.The company also reported a 50% increase in its group ore reserve, which is now estimated at 21 million tonnes containing 350,000 tonnes of copper, 470,000 ounces of gold, 340,000 tonnes of zinc, and 13 million ounces of silver.The inclusion of the Mallee Bull and Wirlong projects "made a material contribution to the increase in reserves and resources" alongside "significant increases" at the company's Cracow and Tritton operations, Aeris Executive Chairman Andre Labuschagne said.The company's shares gained 3% in recent Thursday trade.

ASX:AIS
Asia

Aeris Resources Posts Higher Fiscal Q4 Copper Equivalent Production, Shares Fall 3%

Aeris Resources (ASX:AIS) produced 11,300 tonnes of copper-equivalent in the fourth quarter and 42,100 tonnes for fiscal year 2026, within its guidance range of 40,000 to 49,000 tonnes, according to a Wednesday Australian bourse filing.The company produced 10,900 copper-equivalent tonnes in the fourth quarter of fiscal 2025, an earlier filing showed.The company said fiscal year 2026 earnings before interest, taxes, depreciation and amortization (EBITDA) reached AU$285 million, up 78% on fiscal year 2025, with closing cash and receivables of AU$202 million, the filing added.The company's shares rose 3% in recent Wednesday trade.

ASX:AIS
Asia

Aeris Resources Granted Mining Lease for New South Wales Project; Shares Jump 8%

Aeris Resources (ASX:AIS) said the mining lease application (MLA 659) for the Constellation project, part of its Tritton copper operations in New South Wales, was approved after obtaining development consent under the Environmental Planning and Assessment Act, according to a Wednesday Australian bourse filing.The mining lease, together with other approvals such as environment protection licenses and planning approvals, allows the firm to begin mining operations at Constellation.A modification to the Tritton DA 41/98 to integrate Constellation into the operations was approved in September 2025.The company's shares jumped over 8% in recent trading on Wednesday.

ASX:AIS
Asia

Aeris Resources Says Total Ore Reserves Rise to 10 Million Ounces at NSW Project

Aeris Resources (ASX:AIS) said total ore reserves at its Tritton Operations in New South Wales increased to 10 million tonnes at 1.7% copper, 0.38 grams per tonne grade of gold and 10 g/t silver, for contained metal of 180,000 tonnes of copper, 130,000 ounces of gold and 3.2 million ounces of silver, according to a Tuesday Australian bourse filing.Total mineral resources increased to 33 million tonnes at 1.7% copper, 0.32 g/t gold and nine g/t silver, for contained metal of 540,000 tonnes of copper, 340,000 ounces of gold and 9.6 million ounces of silver, the filing added.The updated estimates will inform a revised life-of-mine plan and production target for Tritton Operations, to be released in the first half of fiscal year 2027, it added.The company's shares rose 1% in recent Tuesday trade.

ASX:AIS
Asia

Aeris Resources Delivers Group Copper Equivalent Production of 42,100 Tonnes in Fiscal Year 2026

Aeris Resources (ASX:AIS) delivered group copper equivalent production of 42,100 tonnes in fiscal year 2026, within its guidance range of 40,000 tonnes to 49,000 tonnes, according to a Tuesday filing with the Australian bourse.The company also produced 49,000 ounces of gold, within its expected range of between 44,000 ounces and 56,000 ounces, the filing said.Shares fell 1% in morning trade on Tuesday.

ASX:AIS
Asia

Aeris Resources' Acquisition of Peel Mining Implemented

Aeris Resources' (ASX:AIS) deal to acquire Peel Mining (ASX:PEX) has been implemented, according to a Wednesday filing with the Australian bourse.Eligible Peel shareholders as of June 24 received consideration of 0.3363 Aeris shares for every Peel share held.Peel Mining will seek its removal from the official list of the ASX at the close of trade on July 2 or as soon as practicable, per the filing.Aeris Resources shares fell 3% in recent Wednesday trade.

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Asia

Peel Mining Implements Spectre Metals Demerger

Peel Mining (ASX:PEX) implemented the demerger of Spectre Metals from the firm via a capital reduction and pro rata in-specie distribution of Spectre shares to Peel shareholders, according to a Tuesday Australian bourse filing.The demerger distribution of Spectre shares was in the ratio of one Spectre share for every 4.4591 Peel shares held as of June 24, and was transferred to Peel shareholders or to the demerger sale agent.The scheme of arrangement, in which Aeris Resources (ASX:AIS) will acquire all of Peel shares on issue, is expected to be implemented on Wednesday.

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Asia

Peel Mining Says Aeris Resources Takeover Deal Now Legally Effective

Peel Mining (ASX:PEX) said Aeris Resources' (ASX:AIS) deal to acquire the company is now legally effective as court orders approving the scheme have been lodged with the Australian Securities and Investments Commission, according to a Monday filing with the Australian bourse.The transaction is expected to be implemented on July 1, and Peel Mining's shares will likely be suspended on the ASX from the close of trading on Monday, per the filing.Shares of Aeris Resources gained nearly 2% in recent Monday trade.

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Asia

Peel Mining Secures Supreme Court Approval for Aeris Resources Takeover Scheme

Peel Mining (ASX:PEX) received approval from the Supreme Court of New South Wales for its scheme of arrangement, under which Aeris Resources (ASX:AIS) will acquire 100% of the company's issued shares, according to a Friday filing with the Australian bourse.The court orders will be lodged with Australian Securities and Investments Commission on June 22, at which point the scheme will become legally effective, per the filing.The company said shareholders registered as of June 24 will receive the scheme consideration and a demerger distribution, the filing said.The company's shares are expected to be suspended from trading at the close of June 22, with the cash or share consideration under the scheme anticipated to be paid on July 1, the filing added.Peel Mining and Aeris Resources both fell 2% in Friday trading.

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Asia

Peel Mining Says Shareholders Vote in Favor of Aeris Acquisition, Spectre Metals Demerger

Peel Mining (ASX:PEX) said its shareholders voted in favor of a proposed scheme of arrangement under which Aeris Resources (ASX:AIS) will acquire 100% of the issued shares in Peel, and the demerger of Spectre Metals from Peel via a capital reduction and pro rata in-specie distribution of 100% of the shares in Spectre to Peel shareholders, according to a Monday Australian bourse filing.The company said almost 100% of the votes cast by Peel shareholders were in favor of the scheme resolution.The scheme remains subject to the approval of the Supreme Court of New South Wales and certain other conditions.Peel Mining's shares jumped 3% in recent Monday trade, while Aeris Resources' shares surged past 9%.

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Asia

Peel Mining Says Court Approves Shareholder Meeting for Planned Acquisition by Aeris Resources; Aeris Resources Shares Fall 5%

Peel Mining (ASX:PEX) said the Supreme Court of New South Wales made orders that it convene a meeting of Peel shareholders to consider and vote on a scheme of arrangement under which Aeris Resources (ASX:AIS) plans to acquire the company, according to a Tuesday Australian bourse filing.The court also approved the distribution of an explanatory statement providing information about the scheme. The meeting will be held on June 15.Shares of Aeris Resources fell past 5% in recent trading on Tuesday, while Peel Mining's shares jumped almost 4%.

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Asia

Aeris Resources Reports Lower Group Copper-Equivalent Production in March Quarter

Aeris Resources (ASX:AIS) said its group copper-equivalent production for the March quarter came in at 10,400 tonnes at an all-in sustaining cost of AU$4.86 per pound of copper-equivalent, according to a Wednesday Australian bourse filing.The company's group copper-equivalent production for the March 2025 quarter was 10,700 tonnes at an all-in sustaining cost of AU$4.91 per pound of copper-equivalent, according to an earlier filing.Copper produced from the Tritton operations in New South Wales was slightly below the revised plan due to lower grade mined from both underground and open pit, per the filing. Fiscal 2026 production is forecast to be within the low end of guidance.The board approved the start of early works construction for the Constellation project to support the Tritton life of mine, and initial activities are scheduled to begin in May, the filing said.The Cracow project in Queensland produced 10,100 ounces of gold at all-in sustaining cost of AU$3,442 per ounce, compared with 9,000 ounces produced at increased all-in sustaining cost of AU$3,473 per ounce in the year-ago quarter.Aeris Resources' shares advanced nearly 2% in recent trading on Wednesday.

ASX:AIS

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