Aeris Resources (ASX:AIS) has released its Q2 FY25 results, highlighting a consistent group copper equivalent production of 10.2kt.
The company managed costs, reducing the all-in sustaining cost to $4.93/lb of copper equivalent.
Aeris ends the quarter with cash and receivables totalling $33 million, and cash flow from operations increasing to $33.2 million quarter-on-quarter.
Cracow gold production saw an impressive outcome with 12.2koz, performing above expectations and on track to meet annual guidance.
Conversely, Tritton's copper production was affected by operational challenges, producing 3.9kt; however, these issues have been resolved, and Tritton is still forecast to meet its annual targets.
Mt Colin's performance improved, with copper output of 1.9kt at a lower AISC of $2.84/lb, contributing to final stockpiles expected to be processed by February.
Moreover, the Jaguar restart scenario has been presented to the Board, advancing studies to the feasibility level.
Andre Labuschagne, Executive Chairman of Aeris, commented, "The consistent operational performance across our sites, particularly the strong gold production at Cracow and improved cost management, showcases our ongoing commitment to operational excellence."
The company also noted the completion of a 70-hole resource definition drilling program at Constellation, with an updated mineral resource estimate expected in the March quarter.
At the time of reporting, Aeris Resources' share price was $0.14.