
2 minute read
Hera Mine to cease production
from TCW 250122
Aurelia Metals recently announced that the Hera underground mine at Nymagee is expected to cease commercial production at the end of March 2023.
In their ASX Announcement, Aurelia’s Interim Chief Executive Officer, Andrew Graham, said the decision was made following a re-optimization of the life of mine plan.
Upon the cessation of production, Hera’s surface facilities will transition to Care and Maintenance before being utilized by their nearby Federation Project.
The revised mine plan will sequence the highest value ore within the remaining available ore sources to maximise cash generation from the remaining mineral inventory at Hera.
Mr Graham said the cessation of mining comes earlier than previously planned, but was necessary following two quarters of negative cash flow.
“I am confident our revised mine plan will return Hera to positively contributing to the cashflow of the Company over its remaining operating life,” Mr Graham said.
“We don’t make this change lightly.
“We understand this is challenging news for our employees, contractors and the local community, but a decision that has to be made in the interests of Aurelia’s shareholders.” the sessions.

He said they were consulting with the Hera workforce to explore options to redeploy as many workers as possible to their Peak operations, where vacancies exist, and also further afield to their Dargues Mine (near Canberra).
“Despite these redeployment activities, there will be some redundancies at the cessation of Hera’s operations,” Mr Graham said.
The program will run over four, one hour sessions with the first session to concentrate on understanding diabetes and carbohydrates.
During the session, Ms Ho will outline what diabetes is and its complications, what HbA1c and BGL targets are and what they mean, the dietary sources of carbohydrates and which foods are low GI.
The second session will provide simple tips for healthy grocery shopping and eating including how to read food labels and recommended food portions.
The third session concentrates on how to lose weight healthily and easily.
Ms Ho will help participants to set realistic goals and expectations for weight loss, explain portion control and portion sizes of different food groups and offer strategies to help cut down snacking behaviours.
The final session will offer more weight loss tips such as how to modify a recipe to be a healthier version, explain which are the healthiest cooking ment products and give information about the positive and negative effects exercise and alcohol can have on a healthy diet.
“I hope at the end of four sessions participants will be able to apply the knowledge and skills to daily life, to identify which is the healthier option, to cook a better meal for themselves and their family and understand that eating healthy can be fun and easy.
“As a new rural resident, I understand how challenging it can be to access affordable and nutritious food here, but it shouldn t be an excuse for not taking care of your health.
“Eating healthy does not require any fancy foods or excellent skills,” Ms Ho said.
Cobar kids have been very creative over the summer school holidays with the NSW Government and Cobar Shire Council collaborating with local artists, creatives and makers to offer a range of fun school holiday activities. This group of 5-11 year olds was snapped yesterday after they had created some painted masks with Seigrid Peters at The Pink Galah gallery. Cobar kids have also had the opportunity to make jewellery and try their hand at cooking. More craft workshops are to be held at The Pink Galah this week and the Cobar Library next week.
