Aurelia Metals

Aurelia Metals Limited (ASX: AMI) is an Australian base metals and gold mining and exploration company, with a focus on strategic landholding and operational mines in New South Wales (NSW). The company operates the Peak Mine in the Cobar Basin and the Dargues Mine in south-eastern NSW, alongside the now-closed Hera mining operation. In addition to the operating mines, Aurelia has two consented high-grade development projects, namely the Federation Project and the Great Cobar copper deposit. These projects are expected to contribute to the company’s growth, with the Federation Project currently under construction and the Great Cobar deposit in the development pipeline, set to follow. In FY23, Aurelia achieved a significant milestone by producing 86,284 ounces of gold at a Group All In Sustaining Cost of A$2,315 per ounce, with the Peak Mine benefitting from substantial by-product revenue credits from base metal production, including zinc, lead, and copper.

With its robust portfolio and continued focus on expansion and exploration, Aurelia Metals presents an intriguing investment opportunity within the Australian mining and exploration sector.