The last lot of ore was hauled to the surface of Aurelia Metals’ Hera Mine on Friday morning marking the end of an era for the Nymagee icon. Since commissioning in 2014, Hera has produced 3.2 million tonnes of ore. The final truck of ore made its way to Hera’s […]
Aurelia Metals recently announced that the Hera underground mine at Nymagee is expected to cease commercial production at the end of March 2023. In their ASX Announcement, Aurelia’s Interim Chief Executive Officer, Andrew Graham, said the decision was made following a re-optimization of the life of mine plan. Upon the […]
Aurelia Metals is bringing a fresh perspective to an historic mining region with one of the state’s most successful exploration programs uncovering a new mine that could provide up to 250 regional jobs and a significant economic injection. The Federation deposit near Nymagee’s Hera Mine was discovered in April 2019 […]
Aurelia Metals Limited has announced it has entered into a binding agreement to purchase Cobar’s Peak Gold Mines. The company, which already owns and operates the Hera Mine near Nymagee, will acquire a 100 per cent interest in the Peak operation as part of a USD $58million transaction. Peak employees […]
Aurelia Metals has welcomed the approval of plans to potentially increase production at the Hera Mine, near Nymagee. However the company is yet to commit to the proposed expansion saying a decision is yet to be made, but that the modification to its approval was sought “in anticipation of a […]
Aurelia Metals has secured a Supreme Court injunction after attempts by Glencore to send the company into administration. Aurelia, which operates the Hera Mine near Nymagee, had an existing funding arrangement in place with Glencore which included regular loan repayments along with the option to convert debt repayments to shares. […]
Aurelia Metals will re-evaluate its funding options after processing plant issues at the Hera Mine saw it fail to reach full potential since declaring commercial production earlier this year. Aurelia’s managing director Rimas Kairaitis said the mine has continued to show improvements but is still not at expected performance levels. […]
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