Australia's AIC Mines rises as copper project exceeds FY25 production outlook

AIC Mines

03/07/2025 02:05

** Shares of AIC Mines A1M.AX rise 4.8% to A$0.33, their highest level since June 19

** The gold miner says Eloise Copper Mine exceeded FY25 production outlook of 12,500 tons of copper and 5,000 ounces of gold in concentrate

** Eloise Copper Mine produced 12,863 T of copper and 5,955oz of gold in concentrate

** Stock down 2.9% this year, including the day's move

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))