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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 14, 2011 8:35pm
209 Views
Post# 19237079

RE: RE: The seriousness of the selling

RE: RE: The seriousness of the sellingI spoke to soon: results are out now and are just as bad as expected/feared. San Andres is approaching $1000 per ounce and Aranzazu is still only marignally profitable. Guidance revised downwards for everything.
How the COO can still have a job considering the awful operational performance of Aura since he was employed is beyond me. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities