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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

Aura Minerals Inc. is a gold and copper company. The Company is focused on the operation and development of gold and base metal projects in the Americas. The Company's mineral properties include Ernesto/Pau-a-Pique Mine, San Andres Mine, and Aranzazu Mine. Its project in construction includes Almas Project. Its other projects consist of Matupa Project, Borborema Project, Sao Francisco Gold Mine, Tolda Fria Gold Project, and Serra da Estrela Project. The Ernesto/Pau-a-Pique Project (EPP) is in Mato Grosso in Brazil, approximately 450 kilometers (km) west of Cuiaba. The San Andres Mine is an open-pit heap leach gold mine located in the highlands of western Honduras. 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 Almas Project is a gold project located in the state of Tocantins, Brazil. The Matupa Project is a gold project located in the northern part of Mato Grosso, Brazil.


TSX:ORA - Post by User

Comment by Canadian0620144on Aug 20, 2021 3:06pm
175 Views
Post# 33740945

RE:RE:RE:RE:Aura stock falling

RE:RE:RE:RE:Aura stock fallingIn last 2nd quarter conference call CEO mentioned Aura expects to recieve final permits,  notification from Brazilian Gov to start Almas construction before end of August. Reason for delays Aura needed to negotiate a few last details, social benefits ect. Aura also increased production guidance from +260k to +264k oz for this year.  I still believe they can hit +290k oz gold including copper equivalent.  Aura remains my favourite mid tier Gold Copper mining co. Aura estimates it currently earns +30% of net revenue from copper.  Currently Aura has been able to replace all mined oz's and expects to update, increase reserves at year end, continuing  to invest in exploration and is working to train and promote more women at its mines. 
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