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Bullboard - Stock Discussion Forum 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... see more

TSX:ORA - Post Discussion

Aura Minerals Inc > Aura's $53 million acquisition of Bluestone Resources
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Post by cmarketinsights on Nov 01, 2024 4:21pm

Aura's $53 million acquisition of Bluestone Resources

Aura's $53 million acquisition of Bluestone Resources at a 15% premium is a strategic move to enhance its gold production capabilities and diversify its portfolio.
 
By securing the Cerro Blanco project, Aura positions itself for near-term output without the typical development delays. This move signals a calculated approach to growth and resilience. 
 
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