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Aura Minerals (NASDAQ: AUGO) backs Era Dorada gold project development

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Aura Minerals Inc. has approved development of its Era Dorada gold project, with estimated capital expenditures of US$382.0 million and operations expected to start in the first half of 2028.

The project is expected to produce an average of 111,000 ounces of gold annually during its first four years, with an estimated 17-year mine life based on mineral reserves reported under S-K 1300. Aura also approved budget for an advanced water treatment system to deliver purified drinking water to local communities, recycle and reuse all process water, and support urban wastewater treatment.

The company highlights extensive dialogue with local stakeholders, over 1,000 hours of engagement, and initiatives such as permanent roundtables and a dedicated community space, positioning Era Dorada as a flagship for its 360° Mining approach to environmental and social responsibility.

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Insights

Aura advances Era Dorada with US$382m capex and strong ESG focus.

Aura Minerals has moved the Era Dorada gold project into the development phase, committing estimated capital expenditures of US$382.0 million. The project targets average annual production of 111,000 ounces of gold over the first four years, with an expected 17-year mine life based on stated mineral reserves.

The shift to underground mining and investment in advanced water treatment align with the company’s stated 360° Mining strategy, emphasizing environmental stewardship and community relations. The press release describes over 1,000 hours of dialogue with local communities and regulators, plus initiatives like permanent roundtables and Casa Era Dorada in Asunción Mita.

From a risk perspective, the scale of spending and long project life tie returns to future gold prices, regulatory stability, and execution of permitting and construction. Future disclosures and the filed feasibility study on EDGAR and with the CVM will be key sources for more detailed economics and timelines as the project progresses toward its planned start in the first half of 2028.

Era Dorada capex US$382.0 million Estimated total capital expenditures for the project
Average annual gold production 111,000 ounces Estimated average during the first four years of Era Dorada
Life of mine 17 years Estimated life of mine for Era Dorada based on mineral reserves
Stakeholder dialogue Over 1,000 hours Engagement with local communities, authorities and regulators
Operations start First half of 2028 Expected commencement of Era Dorada operations
Feasibility Study financial
"A copy of the Era Dorada Feasibility Study has been filed with the SEC via EDGAR"
A feasibility study is an assessment that evaluates whether a proposed project or idea is practical and likely to succeed before investing significant time and resources. It considers factors like costs, potential benefits, and challenges, helping stakeholders decide if moving forward makes sense. Think of it as a detailed plan that gauges if a new venture is worth pursuing.
S-K 1300 regulatory
"based on mineral reserves estimated in accordance with S-K 1300"
Regulation S-K Item 1300 is a U.S. securities disclosure rule that requires public companies to report how they manage cybersecurity risks and to promptly disclose material cyber incidents. Think of it as a requirement to tell investors both the company’s “cyber health” plan and any major break-ins, similar to a homeowner explaining their alarm system and alerting neighbors after a burglary. This helps investors assess operational risk and potential financial or reputational impact.
NI 43-101 regulatory
"a “qualified person” within the meaning of S-K 1300 and NI 43-101"
A Canadian regulatory standard that sets the rules for how mining and exploration companies must report mineral resources and reserves, requiring technical reports prepared or signed off by an independent, certified expert. It matters to investors because it creates a consistent, transparent “inspection report” for mining projects, making it easier to compare prospects, judge the reliability of claims, and assess geological and financial risk before investing.
qualified person regulatory
"a “qualified person” within the meaning of S-K 1300 and NI 43-101"
A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.
forward-looking statements regulatory
"This press release contains “forward-looking information” and “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
mineral reserves financial
"based on mineral reserves estimated in accordance with S-K 1300"
Mineral reserves are the amounts of a metal or mineral that a company has identified and can legally and economically extract with current technology. Think of it like the usable fuel in a car’s tank rather than all the oil in the ground; reserves determine how long a mine can produce, help estimate future revenue and costs, and shape a company’s value and investment risk.
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-42744

Aura Minerals Inc.
(Translation of registrant's name into English)

3390 Mary St,
Suite 116, Coconut Grove,
Florida, 33133, United States
+1 (305) 239 9332

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

 

 


EXHIBIT INDEX

 

Exhibit Number Description
  
99.1 Aura Announces Full Board Approval for the Development of the Era Dorada Project, Reinforcing Its Commitment to Dialogue, Transparency, and Responsible Mining

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Aura Minerals Inc.    
  (Registrant)
   
  
Date: April 13, 2026     /s/ João Kleber Cardoso    
  João Kleber Cardoso
  Chief Financial Officer
  

EXHIBIT 99.1

Aura Announces Full Board Approval for the Development of the Era Dorada Project, Reinforcing Its Commitment to Dialogue, Transparency, and Responsible Mining

ROAD TOWN, British Virgin Islands, April 13, 2026 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ: AUGO, B3: AURA33) (“Aura” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has approved the development of the Era Dorada Project (“Era Dorada” or the “Project”), marking another significant milestone in the Project’s advancement. In addition to the core project approval, Aura has secured budget authorization for an advanced water treatment system, with plans to pursue all necessary government permits and approvals. This will enable the delivery of purified, potable water to the local community, further demonstrating Aura’s steadfast dedication to environmental stewardship, sustainable social impact, and responsible mining practices.

Total capital expenditures for the Era Dorada Project are estimated at US$382.0 million.and the project is expected to commence operations in the first half of 2028. Average annual gold production estimated at 111,000 ounces during the first four years of the Project, with an estimated life of mine of 17 years, based on mineral reserves estimated in accordance with S-K 1300. A copy of the Era Dorada Feasibility Study has been filed with the United States Securities and Exchange Commission (SEC) via EDGAR and is available at www.sec.gov and with the Brazilian Securities Commission (Comissão de Valores Mobiliários) (CVM) at www.cvm.com.br and is also available on Aura’s investor relations website.

Rodrigo Barbosa, Aura’s President and CEO commented, “After more than a year and over 1,000 hours of dialogue with local communities, authorities, and federal regulators, we converted the project to underground mining and approved additional investments. This ensures we not only do no harm but go beyond and create positive value for the communities and environment. Water quality is a key local concern, so Aura has approved a three-part plan: (i) Invest in engineering, infrastructure, and equipment to build and operate a plant that purifies local water to drinking quality, supplying it to communities through partnerships with authorities; (ii) Recycle and reuse 100% of the water in our plant processes; and (iii) Collaborate with local government and regulators to develop a plan to treat urban wastewater, helping clean the rivers. On the social front, we're committed to training and hiring locals, supporting local suppliers, and fostering entrepreneurship — all alongside our environmental standards and structured stakeholder dialogue. For instance, on top of direct and constant dialog with local community representatives, we've established permanent roundtables and Casa Era Dorada, located in the municipality of Asunción Mita, an open community space for sharing project information and addressing concerns. As we proceed, our commitment remains: to develop Era Dorada responsibly, listen actively, and demonstrate that modern mining can drive shared progress, environmental care, and mutual trust. I'm proud to say that we believe Era Dorada will set a global benchmark in social and environmental responsibility, just like Borborema and our other operating mines”

Qualified Persons

The scientific and technical information contained in this press release has been reviewed and approved by Farshid Ghazanfari, P.Geo., Geology and Mineral Resources Manager, an employee of Aura and a “qualified person” within the meaning of S-K 1300 and NI 43-101.

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 press release includes forward-looking statements relating, but not limited to, the following: our plans and goals with respect to the Era Dorada project.

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 did Aura Minerals (AUGO) approve for the Era Dorada project?

Aura Minerals’ board approved development of the Era Dorada gold project. The plan includes building an underground mine, significant capital spending, and comprehensive environmental and social programs, positioning Era Dorada as a long-life operation within the company’s portfolio.

How much will Aura Minerals invest in the Era Dorada project?

Aura Minerals estimates total capital expenditures for Era Dorada at US$382.0 million. This funding covers mine development and associated infrastructure, including an advanced water treatment system designed to supply purified drinking water to surrounding communities and support sustainable operations.

When is Aura Minerals’ Era Dorada mine expected to start operating?

Aura Minerals expects the Era Dorada project to commence operations in the first half of 2028. This timeline follows full board approval, completion of feasibility work, and the pursuit of all required permits and government approvals outlined in the company’s disclosure.

What is the planned gold production and mine life at Era Dorada?

Era Dorada is expected to produce an average of 111,000 ounces of gold per year during its first four years. The project has an estimated 17-year life of mine, based on mineral reserves reported in accordance with S-K 1300 in the feasibility study filed with regulators.

How is Aura Minerals addressing environmental and social concerns at Era Dorada?

Aura plans an advanced water treatment plant to deliver potable water, reuse 100% of process water, and help treat urban wastewater. The company also emphasizes local hiring, supplier development, and ongoing stakeholder dialogue through permanent roundtables and the Casa Era Dorada community space.

Where can investors find Aura Minerals’ Era Dorada feasibility study?

The Era Dorada Feasibility Study is filed with the SEC via EDGAR and with the Brazilian Securities Commission (CVM). It is also available on Aura Minerals’ investor relations website, providing detailed technical and economic information supporting the project.

Filing Exhibits & Attachments

1 document