AIC Mines

AIC Mines is an Australian copper and gold mining company focused on growth through acquisition, exploration and development. The company owns and operates the Eloise Copper Mine in Northwest Queensland and is expanding through the nearby Jericho Copper Project. Underground access at Jericho has been established and commissioning of our expanded processing plant is on track for the December 2026 quarter, advancing the company's goal of increasing copper production from 12,500tpa to over 20,000tpa. AIC Mines is also actively exploring in the highly prospective Mt Isa-Cloncurry region across its 2,300sqkm tenement package, as it builds a new Australian mid-tier copper mining company.

Aaron Colleran - MD & CEO

Mr Colleran has extensive experience in public markets mergers and acquisitions and strategic planning. Mr Colleran was a founding member of the leadership team of Australian gold producer Evolution Mining Limited, having managed its business development and investor relations program from inception through to 2018. He was instrumental in the multiple merger and acquisition transactions that created Evolution Mining, now one of Australia’s largest gold mining companies. Since joining AIC Mines, Mr Colleran has led the purchase and turn around of the Eloise Copper Mine, and the acquisition of the Jericho Copper Project. This Project is currently being developed.

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

3 Months

Produce first copper from Jericho through batch processing of development ore
Successfully establish JS3 ventilation shaft, enabling stoping operations at Jericho
Complete evaluation and outline plans regarding the potential second stage expansion of the Eloise processing facility

6 Months

Achieve Eloise FY25 production guidance
Successfully commission the expanded Eloise processing facility
Commence stoping and mining ramp-up at Jericho

12 Months

Grow Jericho towards steady-state production, contributing to group copper output exceeding 20,000tpa
Commence work streams on the potential second stage expansion of the Eloise processing facility

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

AIC Mines is the only Australian copper growth story delivering on all fronts simultaneously. Eloise is operating consistently, underground access at Jericho is established with commissioning of the expanded Eloise plant on track for the December 2026 quarter, and we are one of the most active explorers in the Mt Isa-Cloncurry region. This is not a promise - it is a program already underway. The journey to over 20,000tpa of copper is happening as we speak, and a potential second stage expansion to ~25,000tpa is being evaluated. AIC Mines offers investors operational reliability, near-term production growth, and exploration upside - in a tier-one Australian jurisdiction, in the metal at the heart of the global energy transition.