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AIC Mines A1M.AX · AUD

Materials · ASX · 🇦🇺 Australia

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0.67

+5.56%

Close of 9 Nov 2026, in AUD

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About AIC Mines

Its shares trade on ASX under the ticker A1M.AX. It has been listed since 9 November 1993. In the fiscal year to 30 June 2025, it reported revenue of A$189.6m and net income of A$15.0m. At that date it held total assets of A$376.9m and shareholders' equity of A$279.3m.

AIC Mines Ltd. engages in the exploration of base metals. The company is headquartered in Subiaco, Western Australia. Its principal activity is exploration and development of base metals with a focus on assets held in Zambia. Its principal exploration project is in Zambia, where the Company is exploring and developing various mineralized zones. Its Mumbwa Project is located in west-central Zambia, approximately 200 kilometers west of Lusaka. The Mumbwa Project includes over five contiguous prospecting licenses with a total area of approximately 1,000 square kilometers, including the Mumbwa license (8589-HQ-LPL) that hosts its Kitumba Copper Project. The Mumbwa Project lies within the southern end of a fold and thrust belt, Lufilian Arc, which also hosts the Zambian copper belt deposits. Its assets in Zambia target copper and gold. Its other Mumbwa targets include Kakozhi and Tasmania targets. The company focuses on advancing the Kitumba Copper Project and exploration on its Mumbwa Project tenements.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
9 Nov 1993
Employees
56

Leadership

Pay as last reported

  • Mr. Josef El-RaghyNon-Executive Chairman of the BoardA$90,407
  • Mr. Aaron ColleranChief Executive Officer, Managing Director, Executive Director, since 2019A$1.6m
  • Mr. Michael FrameChief Financial OfficerA$623,131
  • Mr. Tim BenfieldChief Operating OfficerA$172,713
  • Mr. Matthew FallonExecutive General Manager DevelopmentA$376,801
  • Ms. Audrey FergusonCompany Secretary
  • Ms. Linda HaleNon-Executive Director, since 2020A$75,339
  • Mr. Jonathan YoungNon-Executive DirectorA$70,316
  • Mr. Brett MontgomeryNon-Executive Independent DirectorA$70,316

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
24
Environment
23
Social
33
Governance
17
Direct emissions (scope 1)
46,443 t
Energy emissions (scope 2)
15 t
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • AIC Mines Ltd possesses several competitive strengths:

Weaknesses

  • Despite its strengths, AIC Mines Ltd faces the following weaknesses:

Opportunities

  • AIC Mines Ltd can capitalize on the following opportunities:

Threats

  • AIC Mines Ltd should be aware of the following threats:

Sources and methodology

Data on this tab
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Chart on the Overview
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