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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

Post by Canadian0620144on Feb 01, 2021 3:42pm
129 Views
Post# 32439252

Aura link to January 29th updated Company Presentation

Aura link to January 29th updated Company PresentationAura posted new updated presentation on there website dated Janauary 29th,2021. I have attached link below. 
Aura is one of the lowest cost mid tier gold producers in the world. They produce majority Gold with  some Copper and Silver.  Aura managment has a target to double production from 204,000 oz's in 2020 to over 400,000 oz in 2024.
Growth target for 2021 is 270,000 oz's. Aura will pay a dividend of 20% gross profit every year. Dividend will be declared in the first quarter of 2021 for 2020.  I think gold market is looking for more information on profitablity target per oz after all in costs. After dividend is declared we will have a good idea of gross profit including all costs. 

https://api.mziq.com/mzfilemanager/v2/d/7e088be0-b725-4cba-ab5e-4969a4ac92af/2bca8d78-95bb-ce12-e687-3d3e45fad229?origin=1
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