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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

Post by upinmuskoka1on Mar 30, 2022 8:57pm
168 Views
Post# 34561217

Just like Canada

Just like Canada
Once again the indigenous are always looking for a handout.

Honduras orders Aura Minerals subsidiary to suspend gold mining at indigenous cemetery
2022-03-30 08:52:36 PM ET (Reuters)
   
   

By Gustavo Palencia

TEGUCIGALPA, March 30 (Reuters) - Honduran authorities ordered a subsidiary of Canada's Aura Minerals Inc to suspend open-pit gold mining on Wednesday at an indigenous cemetery site, drawing fierce opposition from residents, whose lawyer confirmed the suspension in a statement.

The subsidiary, Minerales de Occidente Sociedad Anonima (MINOSA), has operated the San Andres mine since 2009 in the west of the country, where a gold vein extends to a cemetery where members of Maya Chorti ethnic groups are buried.

Residents have accused the miner of illegally exhuming bodies at the site and have blocked roads from the area on several occasions.

"MINOSA is ordered to immediately suspend all activities that are being carried out in the area of the Tajo La Buffa project," the Ministry of Natural Resources and Environment told the company in a document, which was seen by Reuters.

A lawyer representing residents, Pedro Mej ia, told Reuters that MINOSA has exhumed corpses from the almost 200-year-old pantheon in a community around 191 kilometers northwest of Tegucigalpa, the capital.

The ministry also asked in the document that the company must prove it has legal authorization to exhume bodies before resuming activities at the site.

Aura Minerals and the Natural Resources and Environment Ministry did not immediately return requests for comment.

In 2021 the Central American nation raked in $293 million from mining, of which $163.8 million came from gold, according to data from the Honduras Central Bank. (Reporting by Gustavo Palencia; Writing by Kylie Madry; Editing by Leslie Adler)

   
                                     

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