On 28 October 2026, we released our September Quarter 2026 results to the market, reporting increased gold, copper and zinc production, higher operating cash flow and a further strengthening of our financial position.
Gold production increased to 16.2koz, copper production increased to 1.3kt and zinc production increased to 8.3kt. Lead production was 5.2kt. FY27 production, cost and capital guidance was reaffirmed.
The Cobar Operations delivered a strong start to FY27, with 226kt of ore processed during the quarter. Higher metal grades contributed to increased gold, copper and zinc production, while combined Peak and Federation ROM stockpiles increased to 123kt.
We also continued to advance our growth projects. Final regulatory approval was received to operate the Peak Processing Plant at the expanded rate, with projects progressing towards increasing processing capacity from 800ktpa to 1.1-1.2Mtpa. At Great Cobar, 506m of mine development was completed during the quarter, taking total development to 2,380m, with the project schedule and capital budget remaining on track.
Strong metal production and sales supported Cobar Region operating cash flow of $65.3 million, the highest quarterly result since 2018. Cash increased to $160.7 million at quarter end, taking total available liquidity to $200.7 million.
Reflecting on the result after joining Aurelia earlier this month, Managing Director and Chief Executive Officer, Steve Badenhorst said the quarter provided a strong start to FY27.
"It is great to join Aurelia following such a strong start to FY27. The quarter delivered increased gold, copper and zinc production, supported by the performance of our operations and continued progress across our growth projects," Steve said.
"In my first few weeks with Aurelia, I have been impressed by the knowledge, professionalism and pride I have seen across the business. Thank you to everyone whose work contributed to this result and to those who have made me feel so welcome since joining the Company.
"I am looking forward to meeting more of our people, continuing to build my understanding of the business and working alongside the team as we focus on our priorities for the coming quarter and the remainder of FY27," Steve concluded/
Visit our Investor Centre for the full September quarter results and presentation.