FINWIRES · TerminalLIVE
FINWIRES

ASX:AMI

5 stories mentioning ASX:AMI

Every FINWIRES story that references ASX:AMI, newest first.

Asia

Aurelia Metals Completes Pre-Feasibility Study for New Occidental Tailings Project in New South Wales

Aurelia Metals(ASX:AMI) has completed a pre-feasibility study for the New Occidental Tailings Retreatment Project at its Peak Operation in New South Wales, with a mineral resource estimate of 2.6 million tonnes at 0.65 grams per tonne grade of gold and an ore reserve estimate of 2.3 million tonnes at 0.64 g/t gold, according to a Tuesday Australian bourse filing.The company said the project has a post-tax net present value (NPV) of AU$42 million at an 8% discount rate and an internal rate of return of 258%, based on an average gold price of AU$5,017 per ounce, with project capital of AU$3.3 million for the addition of a feed trommel, associated plant, and minor road works.The project will process two dry-stacked stockpiles through the existing Peak carbon-in-leach (CIL) circuit and tertiary ball mill, with 32,000 ounces of saleable gold forecast to be produced over 10 years.The project is gated into a feasibility study, with feasibility engineering and permitting targeting a final investment decision in the first half of fiscal year 2027, construction in the second half of fiscal year 2027, and operations commencing in fiscal year 2028, it added.

ASX:AMI
Asia

Aurelia Metals Completes Commissioning of New South Wales Processing Plant Tailings Thickener; Shares Fall 6%

Aurelia Metals (ASX:AMI) said the construction and commissioning of the new tailings thickener at the Peak processing plant in New South Wales was completed, according to a Tuesday Australian bourse filing.The tailings thickener is expected to allow for enhanced metal recoveries, reduced cyanide reagent consumption, and more effective tailings deposition, the company said. It also supports the increase in processing capacity at Peak from 800,000 tonnes per year to a range of 1.1 million to 1.2 million tonnes per year.The construction of the Tertiary Ball Mill project continues in line with schedule, with commissioning expected in the first quarter of fiscal 2027.Aurelia shares fell nearly 6% in recent trading on Tuesday.

ASX:AMI
Asia

Legacy Minerals Holdings Enters Farm-in Agreement With Aurelia Metals for New South Wales Project

Legacy Minerals Holdings (ASX:LGM) struck a binding earn-in and farm-in agreement with Aurelia Metals (ASX:AMI) unit Peak Gold Mines covering Legacy's Cobar project in New South Wales, according to a Tuesday filing with the Australian bourse.Under the first stage of the agreement, Aurelia can earn a 51% interest by funding AU$500,000 worth of exploration within two years. Under stage two, Aurelia is set to earn a further 39% interest by funding an additional AU$1.5 million of exploration within five years.Once the second stage is complete, Legacy Minerals will retain ongoing exposure to the project through either a 10% joint venture participating interest or a net smelter return royalty on gold and base metals, the company said.Shares of Legacy Minerals fell nearly 4% in recent Tuesday trade, while Aurelia Metals was about 3% lower.

ASX:AMIASX:LGM
Asia

Aurelia Metals' Gold Production Rises Sequentially in Fiscal Q3; Raises Fiscal Year 2026 Gold Output Guidance; Shares Gain 8%

Aurelia Metals (ASX:AMI) reported gold production of 13,000 ounces in the fiscal third quarter ended March, up from 11,700 ounces in the December 2025 quarter, according to a Tuesday filing with the Australian bourse.The company previously reported gold production of 16,600 ounces in the year-ago period, an earlier filing showed.Copper and lead production in the most recent quarter were 600 tonnes and 4,300 tonnes, respectively, both unchanged from the linked quarter, while zinc output fell to 6,900 tonnes from 7,200 tonnes in the December 20025 quarter, per the filing.Aurelia Metals raised its fiscal 2026 gold production guidance to 45,000 to 50,000 ounces from 35,000 to 45,000 ounces previously, while reducing its copper output forecast to between 2,500 and 3,000 tonnes from a previous range of 3,000 to 4,000 tonnes, to reflect the prioritization of higher-value gold ore at its Peak operation.The company also lowered its fiscal year 2026 growth capital spending outlook to between AU$45 million and AU$60 million from a previous range of AU$60 million to AU$70 million.Shares of Aurelia Metals gained 8% in recent Tuesday trade.

ASX:AMI
Asia

Aurelia Metals Says Exploration Drilling at New South Wales Mine Discovers Polymetallic Lens

Aurelia Metals (ASX:AMI) said exploration drilling program at the Federation mine in New South Wales extended the high-grade Federation West mineralization down-dip by around 70 meters and discovered a new polymetallic lens further northwest, the Harley lens, according to a Thursday Australian bourse filing.The program encountered an intercept of 9 meters at over 28% grade of zinc, more than 15% grade of lead, 1.2% grade of copper, 0.9 grams per tonne (g/t) grade of gold, and 27 g/t grade of silver from 389 meters at Federation West, as well as 2.9 meters at 3.1% grade of zinc, 1.4% grade of lead, 1.6% grade of copper, 0.3 g/t grade of gold, and 7 g/t grade of silver from 439.3 meters at the Harley lens.The company also completed two drill holes at the Lancelot prospect area, also in New South Wales, to test coincident chargeability, conductivity, and magnetic geophysical anomalies as well as copper, lead, and zinc surface geochemistry anomalies.Aurelia Metals' shares shed 1% in recent Thursday trade.An air core drill program was undertaken to test basement geochemistry at the Lyell prospect in New South Wales.

ASX:AMI