Australia's AIC Mines logs best jump in 14 months on record quarterly production

AIC Mines

17/10/2023 01:09

** Shares of AIC Mines Ltd  A1M.AX  rise as much as 15.09%
to A$0.305, logging their best intraday gain since Aug 2022
    ** The copper miner says it achieved record production and
throughput from its Eloise Copper Mine in Sept quarter
    ** Co says mill throughput was a record 179.5kt for the
quarter
    ** Stock hits highest since Oct 9
    ** AIC Mines is the top gainer on the ASX All Ordinaries
 .AORD  Index
    ** About 521,654 shares change hands, compared with the
30-day average volume of 241,32
    ** AIC stock down 38% YTD, as of last close
    

 (Reporting by Aaditya Govind Rao in Bengaluru)