Hera (excluding Nymagee) gold mine project

The Hera operation is comprised of the Hera (Pb-Zn-Au-Ag) deposit. Aurelia Metals (formerly YTC Resources) commenced box cut and decline development at Hera in 2012. First production from Hera commenced in the September quarter of 2014. In December 2022, Aurelia announced the planned closure of the mine in March 2023. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.