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Aura Minerals Announces Update to CAPEX Guidance Including Construction of the Era Dorada Project

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Aura Minerals (NASDAQ: AUGO) announced Board approval to begin construction of the Era Dorada project and updated 2026 CAPEX guidance to reflect the construction phase.

Expansion CAPEX revised from US$111–130 million to US$262–314 million. The company shows Total CAPEX (updated) of US$386–463 million, with sustaining CAPEX US$105–123 million and exploration US$19–25 million.

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Positive

  • Board approved construction of Era Dorada project
  • Expansion CAPEX increased to US$262–314 million
  • Sustaining CAPEX unchanged at US$105–123 million
  • Exploration CAPEX unchanged at US$19–25 million

Negative

  • Total CAPEX rose to US$386–463 million
  • Expansion spend more than doubled vs prior US$111–130 million

News Market Reaction – AUGO

+4.51%
6 alerts
+4.51% Session close to close
+13.8% Peak in 25 hr 26 min
$9.16B Market Cap
0.1x Rel. Volume

In the Apr 14 session, AUGO gained 4.51%, reflecting a moderate positive market reaction. Argus tracked a peak move of +13.8% during that session. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details Aura’s decision to commence construction of the Era Dorada Project and to ...
Analysis

This announcement details Aura’s decision to commence construction of the Era Dorada Project and to revise 2026 CAPEX Guidance. Expansion CAPEX moves to US$262–314 million, with total CAPEX updated to US$386–453 million. Combined with recent record production and reserve growth, the news underscores a more capital-intensive growth phase. Investors may track future updates on project timelines, budget adherence, and how spending interacts with production, dividends, and balance-sheet strength.

Key Figures

Expansion CAPEX Guidance (prior low): US$111 million Expansion CAPEX Guidance (prior high): US$130 million Expansion CAPEX Guidance (updated low): US$262 million +5 more
8 metrics
Expansion CAPEX Guidance (prior low) US$111 million Previously disclosed on February 26, 2026
Expansion CAPEX Guidance (prior high) US$130 million Previously disclosed on February 26, 2026
Expansion CAPEX Guidance (updated low) US$262 million 2026 Expansion CAPEX Guidance updated including Era Dorada construction
Expansion CAPEX Guidance (updated high) US$314 million 2026 Expansion CAPEX Guidance updated including Era Dorada construction
Sustaining CAPEX low US$105 million 2026 Sustaining CAPEX as released on February 26, 2026
Sustaining CAPEX high US$123 million 2026 Sustaining CAPEX as released on February 26, 2026
Total CAPEX Guidance (updated low) US$386 million Updated 2026 total CAPEX Guidance including Era Dorada construction
Total CAPEX Guidance (updated high) US$453 million Updated 2026 total CAPEX Guidance including Era Dorada construction

Historical Context

5 past events · Latest: Apr 10 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 10 Q1 production update Positive +3.3% Record Q1 2026 production of 82,137 GEO, 37% above Q1 2025.
Apr 01 Reserves/resources update Positive +7.1% Significant upgrade of P&P reserves to 7,223k GEO and exploration spend.
Mar 25 Sector-focused article Positive +7.6% Sector piece highlighting scalable gold assets including Aura Minerals.
Mar 03 Credit rating upgrade Positive +2.4% S&P upgrades global and Brazilian ratings with stable outlook and strong guidance.
Feb 26 Dividend announcement Positive -5.9% US$0.66 per share dividend and 6.2% LTM yield accompanied by price decline.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent company-specific news has generally seen positive price reactions, with four of the last five events followed by gains, while a dividend announcement saw a negative move.

Recent Company History

Over recent months, Aura has reported several supportive developments. On Apr 10, record Q1 2026 production of 82,137 GEO aligned with guidance and was followed by a positive move. An Apr 1 update highlighted Proven & Probable reserves rising to 7.223M GEO. Earlier in March, S&P upgraded Aura’s credit ratings and management reiterated 2026 guidance of 340k–390k GEO and a longer-term target above 600k GEO. A February dividend of US$0.66 per share coincided with a negative price reaction.

Key Terms

capex
1 terms
capex financial
"the Company will update its capital expenditure (CAPEX) Guidance to include"
Capex, short for capital expenditures, refers to the money a company spends to buy, upgrade, or maintain physical assets such as buildings, equipment, or technology. It matters to investors because these investments can help a company grow and improve its long-term performance, but they also represent significant costs that can impact profitability and cash flow.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ROAD TOWN, British Virgin Islands, April 13, 2026 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ: AUGO, B3: AURA33) (“Aura” or the “Company”) announces that its Board of Directors approved, on this date, the commencement of construction of the Era Dorada Project. As a result, the Company will update its capital expenditure (CAPEX) Guidance to include the project’s construction phase. The CAPEX was previously disclosed on February 26, 2026, prior to the approval of the construction of the Era Dorada project, considering only the investments related to early works, also announced on January 06, 2026. Following the approval of the construction phase, Expansion CAPEX Guidance was revised from a range of US$111 million at the low end and US$130 million at the high end to a new range of US$262 million and US$314 million, respectively. This updated amount reflects the full scope of the project, with the breakdown of the total CAPEX by mine detailed below.

 Range
Expansion CAPEX Guidance 2026 (Updated)LowHigh
Expansion (Updated)262314
Sustaining (As released on 02.26.26)105123
Exploration (As released on 02.26.26)1925
Total CAPEX (Updated)386463


Considering that the Sustaining and Exploration CAPEX remains the same released on February 26, 2026, the updated total CAPEX Guidance for 2026 was US$236 million at the low end and US$278 million at the high end to a new range of US$386 million and US$453 million, respectively.

About Aura 360° Mining

Aura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.

Aura is a company focused on the development and operation of gold and base metal projects in the Americas. The Company's six operating assets include the Minosa gold mine in Honduras; the Almas, Apoena, Borborema and MSG gold mines in Brazil; and the Aranzazu copper, gold, and silver mine in Mexico. Additionally, the Company owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and three projects in Brazil: Matupá, which is under development; São Francisco, which is in care and maintenance; and the Carajás copper project in the Carajás region, in the exploration phase.

Forward-Looking Information

This press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”) which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Often, but not always, forward-looking statements can be identified by the use of words and phrases such as “plans,” “expects,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved.

Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Report on Form 20-F filed with the SEC for a discussion of some of the factors underlying forward-looking statements, which include, without limitation, volatility in the prices of gold, copper and certain other commodities, changes in debt and equity markets, the uncertainties involved in interpreting geological data, increases in costs, environmental compliance and changes in environmental legislation and regulation, interest rate and exchange rate fluctuations, general economic conditions and other risks involved in the mineral exploration and development industry. Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements.

The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.



For further information, please visit Aura’s website at www.auraminerals.com or contact:

Investor Relations
ri@auraminerals.com
www.auraminerals.com

FAQ

What CAPEX update did Aura Minerals (AUGO) announce on April 13, 2026?

The company updated 2026 CAPEX to include Era Dorada construction, raising expansion spend to US$262–314 million. According to the company, total CAPEX (updated) is US$386–463 million, with sustaining US$105–123 million and exploration US$19–25 million.

How did Aura Minerals change its Expansion CAPEX guidance for 2026 (AUGO)?

Expansion CAPEX was revised from US$111–130 million to US$262–314 million. According to the company, this revision reflects the full scope of Era Dorada construction approved by the Board on April 13, 2026.

What is Aura Minerals' updated Total CAPEX guidance for 2026 (AUGO)?

Updated Total CAPEX is reported as US$386–463 million for 2026. According to the company, this total combines updated expansion, and previously released sustaining and exploration CAPEX ranges.

Did Aura Minerals change sustaining or exploration CAPEX in the April 13, 2026 update (AUGO)?

No, sustaining and exploration CAPEX remained the same. According to the company, sustaining is US$105–123 million and exploration is US$19–25 million as previously released on February 26, 2026.

When did Aura Minerals' Board approve construction of the Era Dorada project (AUGO)?

The Board approved commencement of Era Dorada construction on April 13, 2026. According to the company, approval triggered the updated expansion and total CAPEX guidance to include full construction scope.