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Copper miner Aeris in the red

AERIS Resources has delivered its first half-year result since it gobbled up Round Oak Minerals six months ago, but while the assets improved its revenue, lower earnings and higher costs delivered the miner a loss, and it has been forced to slash full-year financial guidance dramatically.

 Aeris expects a better second half

Aeris expects a better second half

The expanded Aeris, which added mines in Western Australia and Queensland to its existing Tritton operations in New South Wales and Cracow, Queensland, saw revenue jump from A$196 million to $310 million...

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