Quarterly Activities Report - September 2025

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Stock Aurelia Metals Ltd (AMI.ASX)
Release Time 21 Oct 2025, 8:56 a.m.
Price Sensitive Yes
 Aurelia Metals Reports Strong Q1 FY26 Production and Costs
Key Points
  • Group quarter metal production of 10.4koz gold, 0.5kt copper, 6.5kt zinc, and 3.8kt lead
  • Group operating costs of $70.0M inclusive of operating costs relating to Federation
  • FY26 production, cost and capital guidance reaffirmed
  • Federation mine ramping up ahead of plan with increased development and ore mined
Full Summary

Aurelia Metals Limited (ASX: AMI) has reported its quarterly activities for the period ended 30 September 2025. The company achieved group quarter metal production of 10.4koz gold, 0.5kt copper, 6.5kt zinc, and 3.8kt lead, with group operating costs of $70.0M inclusive of operating costs relating to the Federation mine. FY26 production, cost and capital guidance was reaffirmed. The company ended the quarter with cash of $88.1M after investing $10.9M in growth projects. The Federation mine continued to ramp up ahead of plan, with increased development metres and ore mined. At the Peak operations, mine development and productivity improvements delivered results, with increased ore processed and improved metal recoveries. The Great Cobar project also commenced development during the quarter, with 448m of development completed. Exploration activities continued across the Cobar and Nymagee districts, with promising results from the Nymagee North deposit. The company remains focused on operational improvements, project delivery, and exploration to drive future growth.

Guidance

FY26 production guidance: 35 - 45koz gold, 3.0 - 4.0kt copper, 24 - 32kt zinc, 14 - 22kt lead. FY26 group operating costs guidance: $275 - $315M.

Outlook

The company remains focused on operational improvements, project delivery, and exploration to drive future growth. Mining at the Federation mine continues to ramp up ahead of budget, and the Great Cobar project has commenced development and is progressing well.