Commodities● Neutral
Aurelia Metals: Higher Hera Output, Lower Costs in Q4
Aurelia Metals closed fiscal 2026 with Hera mine output rising 16% quarter-on-quarter and all-in costs falling 7%, while Peak mine output slipped on planned stope transitions. Cash stood at A$91 million with no debt drawn.
Continue with
Aurelia Metals posted a stronger finish to its fiscal year, with Hera underground mine delivering higher grades and lower costs in the fourth quarter.
Copper equivalent production at Hera rose to 8,000 tonnes in the June quarter, up from 6,900 tonnes in Q3. All-in sustaining costs fell to A$153 per tonne, down from A$165 in the prior period. The company attributed the improvement to better grade control and higher mill throughput.
The company's Peak mine, however, saw copper equivalent output slip to 6,900 tonnes from 7,700 tonnes in the March quarter. Aurelia said the decline was planned, reflecting a transition between stoping areas at the Cobar operation.