Aeris Resources Announces Murrawombie Pit Project Update

Aeris Resources Limited (AU:AIS) has released an update.

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Aeris Resources Limited has signed a mining contract with Mackellar Group for the Murrawombie open pit project at its Tritton Operations in NSW, with operations set to commence in February 2025. The project aims to provide a significant portion of the mill feed in FY26 and reduce future rehabilitation costs by utilizing non-acid forming waste material. This strategic move is expected to enhance Aeris’ production capacity and cost efficiency, making it a notable development for investors.

For further insights into AU:AIS stock, check out TipRanks’ Stock Analysis page.

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