Shares of Australia’s Aeris Resources (ASX:AIS) experienced an upturn of up to 3% to reach A$0.170.
The copper-gold explorer company has announced a rise in quarterly copper production from its Tritton mine, with output figures reported as 5.2 thousand tonnes (kt), marking a notable increase from the previous year’s yield of 3.8 kt.
Furthermore, the firm has announced that production at its Jaguar mine exceeded expectations, culminating in a total yield of 3.1 kt of zinc.
The site is now under care and maintenance.
Additionally, the company is reportedly exploring opportunities to provide surplus water to other nearby gold operations.
Despite today’s rise, the company’s stock is down by 70.8% this year, according to the last closing figures.
Aeris Resources is an Australian company engaged in the exploration and development of copper and gold mines.