Quarterly Activities Report - March 2026
| Stock | Aurelia Metals Ltd (AMI.ASX) |
|---|---|
| Release Time | 28 Apr 2026, 8:26 a.m. |
| Price Sensitive | Yes |
Aurelia Metals Delivers Higher Gold Production and Free Cash Flow
- Group quarter metal production of 13.0koz gold, 0.6kt copper, 6.9kt zinc, and 4.3kt lead
- Cobar Region operating cash flow of $36.2M after all sustaining capital
- Cash balance (excluding restricted cash) increased to $94.7M
Aurelia Metals Limited (ASX: AMI) released its quarterly activities report for the period ended 31 March 2026. The quarter delivered higher gold production, free cash flow, strengthened liquidity, and upgraded FY26 gold production guidance. Group quarter metal production was 13.0koz gold, 0.6kt copper, 6.9kt zinc, and 4.3kt lead. Cobar Region operating cash flow was $36.2M after all sustaining capital, and the cash balance (excluding restricted cash) increased to $94.7M. The company executed a new $150 million senior secured financing commitment, enabling the release of approximately $38 million of currently restricted cash. At the Federation mine, the annualised mining rate exceeded 400kt and was ahead of plan for FY26. The Peak plant continued to operate at record annualised throughput with high recoveries. The company's growth projects, including the Great Cobar Project and the Peak plant expansion, remained on track during the quarter.
Group FY26 guidance has been updated: gold production increased to 45-50koz (previously 35-45koz), copper production reduced to 2.5-3.0kt (previously 3.0-4.0kt), and growth capital spend reduced to $45-60M (previously $60-70M).