Aurelia Metals Ltd

Description

Aurelia Metals Ltd is an established Australian base and precious metals producer operating the Peak, Federation, and Hera mines in the Cobar Basin of New South Wales, alongside the newly approved Great Cobar project. The company produces gold, copper, zinc, and lead, and delivered record FY26 gold production of 50,400 ounces, exceeding revised guidance, alongside copper, zinc, and lead output all within guidance ranges.

FY26 revenue reached A$480.2 million, up 40% year-over-year, with statutory net profit after tax of A$82.7 million and cash reserves strengthening to A$143.9 million with no debt. Reserve growth has been substantial: Peak's ore reserve grew 22% to 4.1Mt with a mineral resource of 21.4Mt at 1.8% copper and 0.8g/t gold, while Federation's ore reserve carries a combined lead-zinc grade of 14.7%. The company recently appointed former Rio Tinto Aluminium COO Steve Badenhorst as CEO to lead its next growth phase.

Weakness

List of projects

Project 1: Peak Mine — 100% interest, Cobar, New South Wales, Australia; metals: Copper, Gold.
Project 2: Federation Mine — 100% interest, Cobar, New South Wales, Australia; metals: Lead, Zinc, Gold.
Project 3: Hera Mine — 100% interest, Cobar, New South Wales, Australia; metals: Gold, Zinc, Lead.
Project 4: Great Cobar Project — 100% interest, Cobar, New South Wales, Australia; metals: Copper, Gold.
Project 5: Dargues Mine — 100% interest, New South Wales, Australia; metals: Gold.

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