Core Insights - Aura Minerals Inc. reported record high preliminary production results for Q4 2025, achieving 82,067 gold equivalent ounces (GEO), which is 11% higher than Q3 2025 and 23% higher than Q4 2024 [1][2] - The total production for 2025 reached 280,414 GEO at current prices, marking a 5% increase from 2024, and 9% at constant prices [1][4] Production Highlights - **Aranzazu Mine**: Produced 18,878 GEO in Q4 2025, a 12% decrease from Q3 2025 and a 19% decrease from Q4 2024, primarily due to higher metal prices affecting GEO conversion [3][4] - **Minosa Mine**: Achieved 17,818 GEO in Q4 2025, down 2% from Q3 2025 and 8% from Q4 2024, impacted by rainy season and expansion works [3][4] - **Almas Mine**: Produced 15,872 GEO, a 5% increase from Q3 2025, but 5% lower than Q4 2024, due to lower grades [3][4] - **Apoena Mine**: Reported 8,961 GEO, a 3% decrease from Q3 2025 but a 26% increase from Q4 2024, driven by higher recovery rates [3][4] - **Borborema Mine**: Produced 15,777 GEO, a 54% increase from the previous quarter, reflecting progress in ramp-up and improved recovery rates [7][4] - **MSG Mine**: Contributed 4,761 GEO in December 2025, following its acquisition [7][4] Annual Production Guidance - The company achieved production of 285,380 GEO at guidance prices for 2025, exceeding the midpoint of its production guidance range of 266k GEO to 300k GEO [1][2] - The company aims to achieve over 600k GEO in the coming years through strategic growth initiatives, including greenfield projects and mergers and acquisitions [2]