New CEO is announcedhttps://auraminerals.com/News-Events/News-Releases/News-Release-Details/2011/James-M-Bannantine-Appointed-President--CEO-of-Aura-Minerals-Inc1126939/default.aspx
They've finally found a new CEO. The press release is a bit odd, since it talks about him having vast experience with both public and private companies, yet doesn't name a single one of them.
So I looked him up and found this biography: https://www.atcapgroup.com/team/bannantine.html -- it's from the smallish private equity firm where he's been managing partner for the last six years (their portfolio looks seriously uninspired, and they haven't updated the news section since 2008, so I'm not sure if they're still active).
Before that he worked ten years for Enron (can see why they left that out) in South America, which at least gives him some experience in Brazil and Honduras, but after they imploded (2001) he seems to have worked exclusively in the tech and private equity sectors.
Frankly looks like an odd choice. Given the huge operational issues at Aura, an experienced mining executive would have seemed like a far better fit than a private equity guy (Aura needs to execute on the projects they already have, not become distracted by some overly ambitious expansion strategy).