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Aura Minerals Inc T.ORA

Alternate Symbol(s):  ORAAF

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

Bullboard Posts
Comment by whitehorn1on Nov 02, 2015 11:31am
80 Views
Post# 24250219

RE:Fao: Bannatine.

RE:Fao: Bannatine. Good broadcast, as shows a bullish sentiment still exists in gold from a viewpoint of CEO Agnico Eagle. The concern, I have this could last for years where the gold sector remains depressed. The bottom line, the world gold supply exceeds demand. It appears, there are still enough gold producers making enough money to keep the market content, where the rest of the industry continues to struggle. The best medicine in my opinion would be if gold traded at 800ishfor a year. Then the whole story would change quickly as mines would be forced to shut down. That does not appear to happen, and in essence this sector could remain challenged for many more years.
Bullboard Posts