Aurelia Metals
(ASX:AMI) has finalised the previously announced transition to contract mining at its Peak Mines.
Under the contract, PYBAR Mining Services will undertake all underground development and production mining activities at the site for an initial term of five years.
Aurelia Managing Director and CEO, Jim Simpson says despite the uncertainty that comes with a sale process, the dedication of the team at Peak Mines has been excellent.
They plan on ramping up development and production activity to deliver against their longer-term goals of developing their Lead/Zinc capabilities and looking ahead to the Great Cobar exploration project.
Shares in Aurelia Metals
(ASX:AMI) are trading 0.72 per cent lower at $0.69.
