Aura Minerals Begins Production Ramp-Up at Borborema Mine, Brazil

Aura Minerals Inc. has initiated the production ramp-up at its Borborema Mine in Brazil, aiming for commercial production by Q3 2025. Once operational, Borborema is expected to be a key asset for the company, showcasing strong economic fundamentals with a projected internal rate of return of 41.8% unleveraged. CEO Rodrigo Barbosa highlighted the mine's efficient construction, completed in 19 months and on budget, while emphasizing its role as a global ESG benchmark through innovations like renewable energy and grey water use. The project is anticipated to significantly contribute to regional employment and economic development. Aura's commitment to responsible mining practices underlines its strategic growth within Brazil's mining sector.