Aurelia Metals (ASX:AMI): Presentation, CEO Sessions Sydney

Company Presentations

by Carolyn Herbert

Aurelia Metals flagship asset is the high-grade Hera gold-lead-zinc-silver mine in central NSW.

In FY2016, the company declared a maiden profit of $10.9 million, sales revenue of $91.9 million and a net increase in cash of $16.7 million.

During that fiscal year, the company's Hera mine produced 46,882 ounces of gold and 25,406 tonnes of lead-zinc concentrates from the processing of 308,118 tonnes of ore.

2016 was a "turnaround year" in which operational improvements led to improved performance at the Hera mine. For example, in the past year, gold recovery increased from 78% to 87%, and gravity recovery increased from 41% to 57%.

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presents the Market at Midday and the Market Wrap. With more than five years of broadcast journalism experience, Carolyn has worked as a finance anchor on the Sky News Business channel and as an anchor and reporter for ABC News. She is also a qualified corporate lawyer specialising in IPOs, takeovers and mergers and acquisitions.