Aeris Resources

Aeris Resources is an ASX-listed, mid-tier producer of base and precious metals. The company operates the Tritton copper mine and Cracow gold mine and is advancing a number of development and exploration projects. All of the company's assets are located in Australia.

Management Profile

André Labuschagne, Executive Chairman)

André Labuschagne is an experienced mining executive with a career spanning more than 30 years, primarily in the gold industry. He has held various executive roles in South Africa, PNG, Fiji and Australia for a number of leading gold companies, including Emperor Gold Mines, DRD Gold and AngloGold Ashanti. Previously as the Managing Director of ASX-listed gold company Norton Gold Fields Limited, Mr Labuschagne led the company’s growth to become a significant Australian gold producer, prior to its sale to a major Chinese gold company in 2012. Mr Labuschagne holds a Bachelor of Commerce degree from Potchefstroom University in South Africa.

What is your rationale for taking part in 121 Mining Investment?

Looking to promote the company and broaden investor interest outside of Australia.

What recent news would you like to highlight to investors attending?

• 28 Aug - FY25 results showing EBITDA up 78% and net profit up 286%
• 22 Jul - FY26 guidance of 40-49kt copper equivalent
• 31 Mar - Updated Mineral Resource for the Constellation deposit at Tritton with contained copper up 24%

What are your key goals for the next 3, 6 and 12 months?

3 Months

Operational delivery and market updates on development projects including Golden Plateau target at Cracow

6 Months

Final permitting for the Constellation Project at Tritton. Potential divestment of non-core assets.

12 Months

Strong operating cash flows and debt repayment. Commencement of Constellation Project.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Key challenges are maintaining operational performance in a tight labour market and rising cost environment and managing competition for capital amongst producing operations and development projects within the business.

What do you think makes your company such a compelling investment?

Aeris is now one of the largest copper producers in Australia and has pathway to further increase production. The company also generates strong cash flows from its gold operations and has multiple development projects which could add significant value to the company. For a cash generating business, Aeris' valuation is attractive on a number of metrics..

What are the top 3 key investor takeaways?

1. Significant copper and gold producer in Australia

2. Advancing opportunities for growth at existing operations and for new developments

3. Very attractive valuation for investors