Aurelia Metals Ltd. announced its June quarter FY25 results, highlighting significant achievements and future plans. The company met its FY25 production and cost guidance across all metrics, with production at Federation ramping up as planned. Safety improvements were notable, with a 54% reduction in the Total Recordable Injury Frequency Rate (TRIFR) compared to FY24. Financially, Aurelia Metals strengthened its balance sheet, ending the quarter with $110 million in cash, up from $107 million in the previous quarter. Bryan Quinn, Managing Director and CEO, expressed satisfaction with the company's performance, emphasizing the importance of safety and financial strength. The commencement of production ramp-up at Federation Mine and robust cash flows from Peak were key contributors to funding growth, positioning the company for success in FY26. Additionally, the establishment of the Great Cobar Project, set to begin decline development in Q1 FY26, is part of Aurelia Metals' strategy to maximize shareholder value through a planned sequence of high-quality ore production. Looking forward to FY26, the company aims to safely meet guidance targets, accelerate exploration at Federation West extension, and continue its growth journey, supported by strong cash flow. Stakeholders can access the full financial results and presentation on the company's 'Investor centre' page.
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