Highlights

  • Aeris reported FY26 Revenue of A$702.8 million and EBITDA of A$290.2 million.
  • Group copper-equivalent production totalled 42.1kt in FY26.
  • September-quarter copper-equivalent output was 9.3kt, with Tritton ahead of plan.
  • Constellation construction and open-pit waste stripping progressed during the September quarter.
  • FY27 guidance includes copper production of 22–27kt and gold production of 42–51koz.

Aeris Resources Limited is an Australian base and precious metals producer with copper and gold operations at Tritton in New South Wales and Cracow in Queensland, alongside development and exploration assets. Aeris Resources Limited (ASX:AIS) entered FY27 following its FY26 financial results and a September 2026 quarter characterised by mine development spending, copper production at Tritton and exploration updates at Cracow. The company’s latest disclosures distinguish reported output from longer-term project plans.

FY26 Financial Results and Production

For the year ended 30 June 2026, Aeris Resources Limited (ASX:AIS) reported revenue of A$702.8 million, EBITDA of A$290.2 million and net profit after tax of A$178.5 million. Cash Flow from Operating Activities was A$275.6 million, while cash and cash equivalents at year-end were A$164.9 million. These figures were included in the company’s 27 August 2026 full-year results release.

The operating base comprised 23.0kt of copper, 49.0koz of gold and 255.7koz of silver during FY26, equivalent to 42.1kt of copper on the company’s metal-equivalent calculation. Tritton accounted for group copper output, while Cracow contributed most of the gold. The production profile links reported financial performance to the volumes recovered from the two operating centres.

September Quarter: Tritton and Cracow

The quarterly activities report released on 29 October 2026 recorded group copper-equivalent production of 9.3kt for the three months ended 30 September. Aeris Resources Limited (ASX:AIS) produced 5.9kt of copper, 10.8koz of gold and 48.8koz of silver. Total mine operating costs were A$93.5 million, and all-in sustaining costs were A$6.10 per pound of copper equivalent.

At Tritton, the company reported copper output of 5.9kt and September mill throughput of 166kt, a monthly record. The mine plan was expanded to include approximately 120kt of additional Avoca Tank ore for late FY27. At Cracow, gold production reached 8.8koz, with the company reporting that mined and milled tonnages remained on plan. Lower grades affected quarter-on-quarter production, while management indicated that the Mining sequence would bring higher grades in the following quarter.

Constellation Spending and Guidance

Development of the Constellation open pit remained a major allocation of capital. In its September-quarter disclosure, Aeris Resources Limited (ASX:AIS) reported that both construction and waste stripping were proceeding to plan. Group spending on growth and projects reached A$53.6 million for the quarter, compared with sustaining Capital of A$25.4 million. Cash and receivables at quarter-end were A$178.7 million after Investment in development activities.

FY27 guidance issued in August called for 22–27kt of copper, 42–51koz of gold and 130–160koz of silver, representing 37–46kt of copper equivalent. The company allocated A$170–210 million to growth and projects, A$81–98 million to sustaining capital and A$29–35 million to exploration. These are company guidance ranges, not completed production or expenditure.

At Cracow, a subsequent Golden Plateau mineral resource update increased the reported contained gold resource to approximately 200koz. Further drilling is relevant to the project’s resource assessment, although a mineral resource does not by itself establish recoverable reserves or future production.

Key Insights

Aeris Resources Limited (ASX:AIS) is balancing production from Tritton and Cracow with additional development expenditure at Constellation. FY26 results provide the financial starting point, while the September quarterly update details operating volumes, costs and capital deployment. Execution of the mine plan, quarterly output and exploration results remain distinct measures of progress; the company’s FY27 ranges set out the reporting benchmarks against which subsequent disclosures can be assessed.