Welcome to our dedicated page for Aura Min news (Ticker: ORAAF), a resource for investors and traders seeking the latest updates and insights on Aura Min stock.
Aura Minerals Inc. (ORAAF) generates frequent news as a gold and base metals producer with multiple operating mines and development projects across the Americas. Company updates often highlight gold equivalent ounce (GEO) production from its mines in Honduras, Brazil and Mexico, along with progress at projects in Guatemala, Colombia and Brazil.
News releases commonly cover quarterly and preliminary production results, where Aura reports GEO output by mine, compares performance to prior periods and to its production guidance ranges, and comments on operational drivers such as grades, recoveries, plant performance and mine sequencing. These updates provide insight into the performance of assets like Aranzazu, Minosa, Almas, Apoena, Borborema and MSG.
Investors can also follow project development milestones, including feasibility study results and permitting for the Era Dorada gold project in Guatemala, as well as construction licenses and early works activities. Aura’s disclosures describe technical parameters, mineral resources and reserves, and life-of-mine plans for key projects.
Another recurring theme in Aura’s news is corporate growth and transactions, such as the acquisition of Mineração Serra Grande (MSG) in Brazil and equity investments in companies like Altamira Gold Corp. The company also reports on capital markets developments, including its Nasdaq listing, BDR conversion programs on B3, and dividend declarations based on its dividend policy.
This news page aggregates Aura’s production reports, feasibility study announcements, acquisition updates, capital markets notices and dividend declarations, giving readers a single place to review the company’s disclosed operational and corporate developments over time.
Aura Minerals (TSX: ORA, OTCQX: ORAAF) has declared a dividend of US$0.40 per common share (approximately US$30 million total) and US$0.1333 per BDR, payable on May 20, 2025. This dividend, which exceeds the company's minimum dividend policy requirements, includes US$13.5 million from the Serrote project sale to Appian Capital LLC.
The dividend will be paid to shareholders of record as of May 13, 2025. BDR holders will receive payment around May 30, 2025, in Brazilian Reais. Based on the May 2, 2025 exchange rate of BRL 5.8866/USD, BDR holders will receive approximately BRL 0.784879 per BDR.
The company has maintained strong shareholder returns with combined dividend and buyback yields of 13.5% (2021), 6% (2022), 6% (2023), 7% (2024), and 11% in the last twelve months, positioning Aura among the top-yielding companies in the global gold mining sector.
Aura Minerals (TSX: ORA, B3: AURA33, OTCQX: ORAAF) has confidentially submitted a draft registration statement on Form F-1 to the Securities and Exchange Commission (SEC) for a proposed public offering of common shares in the United States. The offering will include the registration and listing of the company's common shares on a U.S. exchange. While the number of shares and price range are yet to be determined, the offering will proceed after SEC review completion, subject to market conditions.
This U.S. listing initiative is part of Aura's strategy to enhance shareholder value, improve stock liquidity, and consolidate liquidity in the U.S. equity market.
Aura Minerals (ORAAF) has filed updated NI 43-101 technical reports for its Aranzazu, Almas, and Minosa mines. The reports detail significant mineral resources and production metrics across all three operations:
Aranzazu Mine (Mexico) produced 77.6kt of concentrate in 2024, with measured resources of 11.83Mt containing 334,546klb copper, 342koz gold, and 7,388koz silver. The mine plans a 10-year life with 61.2koz annual gold production.
Almas Mine (Brazil) achieved 54,003oz gold production in 2024 from 1.64Mt mill feed. It holds measured resources of 13.60Mt at 0.88g/t Au (385koz), with a projected 10-year mine life producing 61.2koz annually.
Minosa Mine (Honduras) reports measured resources of 11.52Mt at 0.38g/t Au (140koz), with planned annual production of 101koz gold over a 4.2-year mine life.
Aura Minerals (TSX: ORA, OTCQX: ORAAF) has successfully initiated production ramp-up at its Borborema Mine in Brazil, with commercial production expected by Q3 2025. The project, completed within budget and schedule in 19 months with zero lost time incidents, represents the company's fifth mining operation and second greenfield project.
The mine boasts impressive economics with an after-tax IRR of 41.8% (unleveraged) and 81.4% (50% leveraged) at $2,600 per gold ounce. The 100% owned open-pit gold mine is projected to produce 748,000 ounces of gold over an 11.3-year mine life, with average production of 83,000 oz annually in the first three years. The 2025 production guidance is set at 33,000-40,000 oz.
Borborema sets an ESG benchmark through innovative practices, including the use of grey water from nearby municipality and renewable energy. The project currently employs 2,184 personnel, with 68% hired from the local community, demonstrating strong commitment to regional development.
Aura Minerals (ORAAF) has announced the renewal of its Normal Course Issuer Bid (NCIB) on TSX and BDR Buyback Program on B3. Under the NCIB, the company may repurchase up to 2,694,168 common shares, representing 10% of the public float as of March 14, 2025.
Key details of the program include:
- NCIB period: March 26, 2025 to March 25, 2026
- Daily purchase limit: 7,841 Common Shares on TSX
- BDR Buyback: Up to 8,082,504 BDRs over 12 months
Under the previous 2024 program, Aura purchased 213,109 Common Shares at C$15.65 per share and 3,385,318 BDRs at R$20.14 per BDR. The company has implemented an automatic share purchase plan (ASPP) with a designated broker to facilitate purchases during blackout periods.