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Eloise in the pink despite drenching, diesel hike
Summary by iQ Industry Queensland
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Eloise in the pink despite drenching, diesel hike
AIC Mines’ Eloise operation generated $27.7 million in net mine cash flow during a sodden March quarter in North-West Queensland – more than it generated in the whole of FY25. It comes as the company pushes ahead with its Jericho mine development and expansion of the Eloise processing plant, which remains on schedule for commissioning in the December quarter. “Eloise is generating enough cash flow, along with the Trafigura debt, to do everything…
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