$100 Million Plan to Boost Copper Output in North Queensland Major Upgrade at Eloise Mine AIC Mines is investing around $100 million into expanding the Eloise copper mine, located south-east of Mount Isa in North Queensland. The project aims to modernise the older underground operation and bring new life to the site. Jericho Deposit Set to Drive Growth A key part of the plan is the development of the nearby Jericho deposit. Once opened, Jericho is expected to send about 600,000 tonnes of ore each year into Eloise’s processing plant. Bigger Plant, Bigger Production To handle the extra ore, AIC Mines is expanding the processing plant to 1.1 million tonnes a year. Together, the Eloise and Jericho operations could produce around 20,000 tonnes of copper annually, creating a new copper hub in the Mount Isa region. A Potential Boost for Queensland’s Copper Belt With global demand for copper growing, the combined project could become a significant contributor to the state’s critical minerals industry. Whether this $100 million move sparks Queensland’s next copper boom remains to be seen, but it marks a major step for AIC Mines and the region’s mining future.
Lykeshares Official
$A1M $100 Million Plan to Boost Copper Output in North Queensland

Major Upgrade at Eloise Mine

AIC Mines is investing around $100 million into expanding the Eloise copper mine, located south-east of Mount Isa in North Queensland. The project aims to modernise the older underground operation and bring new life to the site.

Jericho ...
$100 Million Plan to Boost Copper Output in North Queensland

Major Upgrade at Eloise Mine

AIC Mines is investing around $100 million into expanding the Eloise copper mine, located south-east of Mount Isa in North Queensland. The project aims to modernise the older underground operation and bring new life to the site.

Jericho Deposit Set to Drive Growth

A key part of the plan is the development of the nearby Jericho deposit. Once opened, Jericho is expected to send about 600,000 tonnes of ore each year into Eloise’s processing plant.

Bigger Plant, Bigger Production

To handle the extra ore, AIC Mines is expanding the processing plant to 1.1 million tonnes a year. Together, the Eloise and Jericho operations could produce around 20,000 tonnes of copper annually, creating a new copper hub in the Mount Isa region.

A Potential Boost for Queensland’s Copper Belt

With global demand for copper growing, the combined project could become a significant contributor to the state’s critical minerals industry.
Whether this $100 million move sparks Queensland’s next copper boom remains to be seen, but it marks a major step for AIC Mines and the region’s mining future.

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?