ROAD TOWN, British Virgin Islands, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ: AUGO and B3: AURA33) (“Aura” or the “Company”) is pleased to announce Q3 2025 preliminary production results from the Company’s operating mines: Aranzazu, Apoena, Minosa, Almas and Borborema. Total production in Q3 2025, at current prices reached 74,227 gold equivalent ounces (“GEO”)1,2, 16% higher than Q2 2025 and also 9% higher when compared to Q3 2024. At constant prices, Aura’s quarterly production was a rec ...

ROAD TOWN, British Virgin Islands, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (NASDAQ: AUGO; B3: AURA33) (“Aura” ou “Companhia”) Announces to the holders of the Company’s Brazilian Depositary Receipts ("BDRs") the launch of the Incentive Program for the conversion of BDRs into common shares (“Incentive Program”), under which holders may request the conversion of their BDRs (“AURA33”) into the underlying common shares (“AUGO”) listed on Nasdaq (“common shares”), at a ratio of three to one, without ...

Group 1 - The company Aura Minerals (NASDAQ: AUGO) has been under analysis since June 2024, focusing on its operating processes, capacity expansion, and cost management [1] - The acquisition of Cerro Blanco has been a significant event, with the project being renamed, indicating a strategic shift or rebranding effort [1] - The analyst has extensive experience across various industries, including airlines, oil, retail, mining, fintech, and e-commerce, which enhances the understanding of macroeconomic and political influences on business [1] Group 2 - The analyst expresses a beneficial long position in AUGO shares, indicating confidence in the company's future performance [2] - The article reflects the analyst's personal opinions and insights, emphasizing an independent analysis without external compensation [2] - There is a disclaimer regarding the nature of past performance not guaranteeing future results, highlighting the importance of individual investor discretion [3]

Company Overview - Aura Minerals is a gold and copper mining company based in Tortola, British Virgin Islands, with operations in Mexico, Honduras, and Brazil [3] - The company went public in November 2006 on the Toronto Stock Exchange and completed its U.S. IPO on July 17, 2025, selling 8.1 million shares at $24.25 [2] Financial Performance - Aura is on track to set records for both revenue and operating profits in its 2025 fiscal year [5] - Revenue has increased from $165.8 million in 2015 to $679.9 million in the trailing 12 months ended June 30, representing a compound annual growth rate of 15.2% [5] - Operating income improved from a loss of $1.4 million in 2015 to a profit of $278.1 million at the end of June [5] Market Conditions - The growth in revenue and profits has been partly driven by higher gold and copper prices, with gold increasing from approximately $1,200 per ounce in 2015 to about $3,785 today, and copper from around $2.33 per pound to $4.58 per pound [6] Growth Strategy - Aura is in a growth phase, planning to acquire the Mineração Serra Grande Gold Mine in Brazil for an upfront cash payment of $76 million, along with deferred payments based on net smelter returns [7] - The company has moved up 13 spots in Barchart's Top 100 Stocks to Buy, currently sitting at the 53rd position, indicating strong market interest [1][3]

Core Viewpoint - Aura Minerals Inc. has achieved commercial production at its Borborema gold mine as of September 22, 2025, with significant operational metrics indicating strong performance and potential for future growth [1][2]. Group 1: Production and Operational Metrics - The Borborema mill is operating above 80% of its design capacity, processing 4,500 tonnes per day, with gold recoveries consistently above 90%, reaching up to 92% [1][2]. - The mine has already sold more than 10,000 ounces of gold since the start of production [1]. Group 2: Project Details and Reserves - Borborema has probable mineral reserves of 812,000 ounces of gold, with indicated mineral resources estimated at approximately 1.18 million ounces of gold [2][3]. - The feasibility study completed in August 2023 anticipates production of 748,000 ounces of gold over an 11.3-year mine life, with potential for increased output [3]. Group 3: Environmental and Operational Excellence - The project utilizes 100% treated greywater for all water needs, reflecting the company's commitment to sustainability and environmental responsibility [2]. - The Borborema project was completed on time and on budget, with no Lost Time Incidents (LTI) reported during construction [2]. Group 4: Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with five operating assets including Borborema [6]. - The company emphasizes a holistic approach to mining, termed "360° Mining," which considers the impacts on all stakeholders [5].

Group 1 - Aura Minerals Inc. announced a dividend payment of US$0.11 per BDR on August 5, 2025, with a payment date set for September 5, 2025 [1][4] - The effective exchange rate for converting US dollars into Brazilian reais is BRL 5.4134 per USD, resulting in dividends of R$0.593211199 per BDR for holders [4] - A tax of 0.38% will be applied on the financial transaction related to the dividend payment [4] Group 2 - Aura Minerals is focused on the development and operation of gold and base metal projects across the Americas, with five operating assets including gold and copper mines in Honduras, Brazil, and Mexico [3] - The company emphasizes a holistic approach to mining, termed "360° Mining," which considers the impacts and benefits to all stakeholders involved [2]

Financial Data and Key Metrics Changes - The company achieved record high EBITDA of $106 million in Q2, with a gold price of $3,001.85, leading to a last twelve months EBITDA of $344 million at an average gold price of $2,800 [7][29] - Net revenues increased to $190 million in Q2, benefiting from higher production and gold prices, showing a positive trend over the last few quarters [29] - Net profit for the quarter was $8 million, with adjusted net income reaching $37 million [9][31] Business Line Data and Key Metrics Changes - Aranzazoo and Minos contributed approximately $36 million and $34 million to adjusted EBITDA, respectively, while Almas contributed $25 million and ApoENA contributed $16 million [34] - Borborema produced 2,500 ounces of gold in Q2, with expectations for increased production in Q3 and Q4 as it ramps up to commercial production [10][19] Market Data and Key Metrics Changes - The company noted that 20% of its revenue comes from copper production, which is converted into gold equivalent based on market prices [7][8] - The all-in sustaining cash cost for Q2 was $1,449 million, stable compared to Q1 and the same period last year when adjusted for constant prices [20][22] Company Strategy and Development Direction - The company is focused on three avenues to deliver value: building greenfield projects on time and budget, increasing exploration to boost resources and reserves, and pursuing M&A opportunities [12][60] - The company plans to close the acquisition of MSG and is progressing with the construction of Herradorada and Matupa, with both projects expected to be built over the next two years [12][101] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, with expectations for increased production from Borborema and other operations in the second half of the year [10][22] - The company is addressing social licensing in Guatemala and is optimistic about making a final investment decision by the end of the year [44][49] Other Important Information - The company has maintained a strong safety record, with over 1,000 days without lost time incidents during the construction of Borborema [16] - The company announced a dividend of $0.33 per share, resulting in a last twelve months dividend yield of 7.4% [15] Q&A Session Summary Question: Timeline for final investment decision on Matupa and Guatemala - Management expects to make a decision by the end of the year, contingent on social licensing progress in Guatemala [44][48] Question: First impressions from MSG site visits and efficiency improvements - Management noted the need for equipment upgrades and plans to improve efficiency rates, with a focus on underground development [46][50] Question: Potential for additional M&A activity - The company is open to further M&A opportunities but will prioritize current projects and ensure they are accretive [55][60] Question: Expected production levels for Borborema in Q3 and Q4 - Management anticipates reaching around 80% capacity by September, with full production expected by early next year [73][75] Question: Cash impact from gold hedges in upcoming quarters - The company has hedged approximately 80% of projected production from Borborema, with varying impacts expected each quarter [80][81] Question: Details on ongoing exploration areas - Management is consolidating information from various exploration areas and plans to release a technical report early next year [85][91] Question: Production costs and expectations for Almas - Management expects stronger performance in the second half of the year, with ongoing underground development aimed at improving production and reducing costs [92][96]

Financial Data and Key Metrics Changes - The company achieved record high EBITDA of $106 million in Q2 2025, with a last twelve months EBITDA of $344 million, benefiting from stable cash costs and higher gold prices [7][31] - Net revenues increased to $190 million in Q2 2025, reflecting a significant rise due to increased production and gold prices [31] - Net profit for the quarter was reported at $8 million, with adjusted net income reaching $37 million [9][33] Business Line Data and Key Metrics Changes - Gold equivalent production for Q2 was 64,000 ounces, an increase from 60,000 ounces in Q1 2025, and consistent with the same period last year [6][19] - Copper production contributed approximately 20% to revenues, with adjustments made for gold equivalent calculations based on copper sales [7][8] - The adjusted EBITDA contributions from various business units included Aranzazoo and Minos at $36 million and $34 million respectively, while Almas contributed $25 million [35] Market Data and Key Metrics Changes - The average gold price for the last twelve months was approximately $2,800, with current prices hovering around $3,400, indicating potential for further EBITDA improvement [7][31] - The company is experiencing stable all-in sustaining cash costs at BRL $1,449 million, consistent with previous quarters and last year when adjusted for constant prices [22][24] Company Strategy and Development Direction - The company is focused on three strategic avenues: delivering greenfield projects on time and budget, increasing exploration investments, and pursuing M&A opportunities [15][96] - Recent acquisitions include Bluestone and MSG, with plans to ramp up production at Borborema and Herradorada, expected to contribute significantly to future output [10][12] - The company aims to improve its market multiple by increasing production and addressing trading volume through its NASDAQ listing [13][100] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about production increases in the second half of the year, particularly with Borborema expected to reach commercial production by September [11][73] - The company is actively engaging with local communities and authorities in Guatemala to ensure smooth project development [44][47] - Management highlighted the importance of maintaining safety standards, with over 1,000 days without lost time incidents during construction [17] Other Important Information - The company announced a dividend of $0.33 per share, resulting in a last twelve months dividend yield of 7.4% [16] - The IPO on NASDAQ is seen as a strategic move to enhance liquidity and market presence [14][96] Q&A Session Summary Question: What is the timeline for the final investment decision between Matupa and Guatemala? - Management expects to make a decision by the end of the year, contingent on social licensing progress in Guatemala [44][49] Question: What are the first impressions from site visits to MSG and opportunities for improvement? - Initial assessments indicate potential for increased production and reduced costs through equipment upgrades and operational efficiencies [46][50] Question: Is there space for additional M&A given the stronger cash position? - The company remains open to M&A opportunities while focusing on current projects, with a cautious approach to ensure accretive acquisitions [54][60] Question: What is the expected production and sales level for Borborema in Q3 and Q4? - The company anticipates reaching around 80% capacity by September, with plans to achieve full capacity by the end of the year [71][73] Question: What is the cash impact from gold hedges in the coming quarters? - The company has hedged approximately 80% of projected production from Borborema, with varying impacts expected in the second semester [72][78]

Financial Performance - Q2 2025 production totaled 64,000 GEO, a 7% increase compared to Q1 2025[10] - Adjusted EBITDA reached a record high of $106 million in Q2 2025, with LTM Adjusted EBITDA reaching $344 million[10] - Net income was $8 million, but adjusted net income, excluding non-cash losses, was $37 million[10] Operational Highlights - Borborema produced 2,577 GEO and is expected to achieve commercial production by the end of Q3 2025[10, 21] - The company maintained a strong safety record with zero lost time incidents (LTIs) across all operations and projects during Q2 2025[12] - AISC in Q2 2025 reached $1,449/GEO, a 1% decrease compared to Q1 2025[10] Strategic Initiatives - The company closed its U S Initial Public Offering (IPO) of 8,100,510 common shares, raising gross proceeds of $196 million[10] - Aura exercised its options to acquire 100% ownership of the Pé Quente and Carajás Projects in Brazil[10] - A dividend of $0 33 per share was declared based on Q2 2025 results, resulting in a LTM yield of 7 4% including share buyback[10] Era Dorada Project - The PEA of Era Dorada was released with an average yearly production of 95,000 ounces per year (first 4 years), 2 million ounces in M&I, capex $265 million and unleveraged IRR 24% and NPV of $485 million @ $2,410/Oz[10]

Core Viewpoint - Aura Minerals Inc. has declared a quarterly dividend of US$0.33 per common share, totaling approximately US$27.32 million, which exceeds the minimum outlined in the company's Dividend Policy [1][4]. Dividend Details - The dividend will be paid in US dollars on August 26, 2025, to shareholders of record as of the close of business on August 18, 2025 [2]. - Holders of Brazilian Depositary Receipts (BDRs) will receive US$0.11 per BDR, with payment expected around September 5, 2025 [3][8]. Financial Performance - The declared dividend represents a 7.4% dividend yield, including share buybacks, over the last twelve months, positioning Aura among the top dividend-yielding companies in the global gold mining industry [4]. - The company’s strategy focuses on developing greenfield projects, expanding mineral resources, and pursuing strategic acquisitions while consistently paying dividends [4]. Company Overview - Aura Minerals is engaged in the development and operation of gold and base metal projects in the Americas, with five operating assets including gold mines in Honduras and Brazil, and a copper, gold, and silver mine in Mexico [6]. - The company also owns several projects in Guatemala, Colombia, and Brazil, with varying stages of development [6]. Additional Information - The company emphasizes a holistic approach to mining, considering the impacts and benefits to all stakeholders involved [5]. - As of August 5, 2025, the company had 82,629,872 common shares issued and outstanding [11].