Tag: Murrawombie underground mine

AERIS Resources’ Tritton Copper Operations has gone from strength to strength, with FY19 exceeding production guidance and an aggressive exploration program that continues to yield exciting results. The Tritton Copper Operation comprises the Tritton underground mine and the Murrawombie underground mine and the prospective Budgerygar project in NSW. Aeris executive chair Andrew Labuschagne said that the success at Tritton had continued to exceed expectations in terms of both grade and tonne. “Despite the impact of the weakening currency over the past 12 months on our US dollar treatment and refining charges and sea-freight costs, we maintained C1 cash costs within the lower end of the guidance range provided in July 2018,” he said. Tritton underground Production from the Tritton underground...

Aeris Resources hopes to extend the Tritton copper operations. Image: Aeris Resources.   BY AMY BLOM   COPPER Aeris Resources has shown no signs of slowing down as it sets its sights on continued growth at Tritton, exploration at its Torrens project, and opportunities presented by mergers and acquisitions.   Aeris Resources is in its best position in six years and looking to expand in 2019 following a strong year, according to its executive chairman André Labuschagne. It was a far cry from when Mr Labuschagne took the helm at Aeris in 2013, at a time when the company had a $US136 million debt and two operating mines, Mt Muro gold mine in Indonesia and Tritton copper mine in NSW, which were...