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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Metals & Mining Gold
Aura Minerals Inc. is a mid-tier gold and copper production company. The Company is focused on operating and developing gold and base metal projects in the Americas. It has four operating mines, including the Aranzazu copper-gold-silver mine in Mexico, the Ernesto/Pau-a-Pique Project (EPP) and Almas gold mines in Brazil, and the San Andres gold mine in Honduras. The Company’s development projects include Borborema and Matupa, both in Brazil. It has unmatched exploration potential, owning over 650,000 hectares of mineral rights and focuses on advancing multiple near-mine and regional targets along with the Serra da Estrela copper project in the prolific Carajas region of Brazil. The Company has the right to explore the Pe Quente and Pezao Projects in the State of Mato Grosso, Brazil. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico. The San Andres Mine is an open-pit heap leach gold mine.


TSX:ORA - Post by User

Aura Minerals Inc
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Comment by sesses3on Nov 10, 2011 7:42pm
243 Views
Post# 19228281

RE: RE: RE: Aura Reports in 4 Days

RE: RE: RE: Aura Reports in 4 DaysLooks like the new CEO is set to continue Aura's proud tradition of providing a never-ending stream of bad news. They lost most of the resources at their brazilian mines and cash costs at Sao Francisco will soar to over $1500 per ounce in the first half of 2012. So much for them having "solved" the problems there (and as for the promise that costs will drop later on, I'll believe that when I see it).
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