Australia's AIC Mines slips as high rainfall limits access to copper mine

AIC Mines

16/03/2023 01:20

** Shares of AIC Mines Ltd  A1M.AX  drop as much as 9.5% to
A$0.38, on track for worst day since July 6, if losses hold
    ** The copper miner says access to Eloise copper mine has
been restricted by closures of Flinders and Landsborough
highways due to high rainfall in Northwest Queensland
    ** Co adds, however, Eloise mine is largely unaffected by
high rainfall and the site team has managed to mitigate the
impact on operations
    ** Stock down 2.3% this year, as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))