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AIC Mines Boosts Reserves and Advances Eloise Expansion Amid Weather Hurdles
6:23am on Monday 2nd of June, 2025 AEST
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Mining
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AIC Mines Boosts Reserves and Advances Eloise Expansion Amid Weather Hurdles
6:23am on Monday 2nd of June, 2025 AEST
Key Points
Eloise produced 3,004t copper at AISC of A$5.49/lb despite rain impacts
Jericho Ore Reserves surged 77% in copper and 92% in gold
Eloise Ore Reserves increased 12% copper and 20% gold after depletion
EPC tender for Eloise plant expansion closed; contract award expected May 2025
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