AIC Mines Limited (AU:A1M) has released an update.
AIC Mines Limited has announced robust production figures from its Eloise Copper Mine, with 11,648dmt of concentrate containing 3,066 tons of copper produced this quarter, and the company remains on target to surpass its annual production goal. Despite weather-related transport challenges, the mine has remained cashflow positive, generating $38.3 million in revenue and maintaining a significant inventory of copper concentrate valued at $6.1 million. Moreover, the company reported substantial growth in mineral resources and reserves, alongside the commencement of promising exploration activities at the Swagman Prospect.
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