** Shares of Australia's AIC Mines A1M.AX rise as much as 6.6% to A$0.645, on track for their best day since June 17, if trend holds

** Resources exploration co announces FY27 production and cost forecast, and FY28 and FY29 production targets for combined Eloise and Jericho copper mines in North Queensland

** Co expects FY27 combined projects production of 17,500-18,500 tonnes at all-in sustaining costs (ASIC) of A$4.80-A$5.20 per pound sold and all-in cost (AIC) of A$5.20–5.60 per pound sold

** Adds FY28 production target of 20,000–22,000t Cu in concentrate from commissioning of Stage 1 Eloise plant

** Adds FY29 production target of 25,000–27,000t Cu in concentrate from Stage 2 Eloise plant expansion

** About 2.9 million shares trade hands vs 30-day average of 2.1 million shares

** Stock up 6.8% YTD, including session's moves