Copper and gold producer Aeris Resources has delivered a record quarter, banking $202 million in cash and receivables as strong output and high prices lifted earnings.

Cash flow from operations rose 37 per cent to $104 million for the June quarter, up $52 million on the prior period.

Aeris (ASX:AIS) expected full-year EBITDA of about $285 million, up 78 per cent on the 2025 financial year.

Group copper-equivalent production reached 11,300 tonnes for the quarter and 42,100 tonnes for the year, within guidance.

Maim image: Aeris Resouces Cracow operation

In Queensland, the company’s Cracow gold mine produced 10,500 ounces for the quarter and 40,600 ounces for the year, within guidance.

Related: Aeris doubles down on Golden Plateau drilling

Cracow, in central Queensland, held all-in sustaining costs at A$3,812 an ounce and met its cost guidance for the year.

Exploration at Cracow’s Golden Plateau deposit returned high-grade gold, including 14.2 metres at 9.1 grams a tonne in the Main lode.

Aeris extended the Golden Plateau program by 12 months, aiming to grow a resource that could become a major ore source for Cracow.

At the Tritton copper operation in New South Wales, output rose 19 per cent for the year to 23,000 tonnes.

Aeris lifted Tritton’s ore reserves fourfold, to 10 million tonnes containing about 180,000 tonnes of copper, after drilling and the Peel Mining acquisition.

The company completed its acquisition of Peel Mining on 1 July 2026, folding the Mallee Bull and Wirlong deposits into Tritton.

Early works began on the Constellation project, whose mining lease was granted on 22 July 2026, with waste stripping due early in FY27.

Aeris said the expanded reserves underpinned its strategy of a long-life, multi-mine copper operation centred on the Tritton processing plant.

Full-year 2027 guidance is due in early August.