Aura Minerals 2025 Investor Day Summary Company Overview - Company: Aura Minerals (NasdaqGS:AUGO) - Event: 2025 Investor Day held on December 08, 2025 - Key Speakers: CEO Rodrigo Barbosa, COO Glauber, CFO Kleber Cardoso, Project Director Pythagoras, and Head of People Isabella Core Industry Insights - Gold Market: Discussion on gold prices and market dynamics led by a special guest [2][2] - Production Goals: Aura Minerals aims to achieve over 600,000 ounces of gold production in the coming years, representing a more than 100% increase compared to the last 12 months [5][5] Key Financial Metrics - Dividend Yield: Aura Minerals has the highest dividend yield in the gold sector, with dividends paid as a percentage of EBITDA minus recurring CapEx: - 2021: 13% - 2022: 6% - 2023: 6% - 2024: 9% - Last 12 months: 7.4% [8][8] - EBITDA Growth: - 2023: $136 million - 2024: $267 million - Last quarter with gold price at $3,400: $152 million [8][8] Strategic Focus - Growth Strategy: Aura Minerals focuses on three main strategies: 1. Develop greenfield projects to improve production and EBITDA with higher-grade projects [12][12] 2. Increase the life of mines through exploration and resource/reserve growth [12][12] 3. Improve valuation multiples by increasing EBITDA and extending mine life [12][12] - Exploration Investment: The company has significantly increased its resources and reserves since 2020, tripling resources and reserves [9][9] Operational Highlights - Safety Performance: Aura Minerals has maintained a lost time injury frequency rate of zero for over a year, indicating strong safety culture and operational stability [35][35] - Project Execution: Successful completion of projects like Almas and Borborema on time and within budget, with plans for further expansions [13][13][41][41] Community Engagement and ESG - Social License: Emphasis on obtaining social licenses through community engagement and social projects, with over 22 community projects defined [48][48] - Sustainability Recognition: Aura Minerals is recognized for its sustainability efforts in Mexico, Honduras, and Brazil, aligning high returns with social and environmental responsibility [30][30] Future Outlook - Production Capacity: Plans to increase production capacity at existing operations, with specific targets for Almas and Borborema [41][41][42][42] - New Projects: Advancements in projects like Era Dourada and Matupá, with a focus on obtaining necessary permits and community support [46][46][47][47] Conclusion - Management Philosophy: Aura Minerals emphasizes a decentralized management approach, empowering local teams to make decisions, which enhances operational efficiency and responsiveness [37][37][25][25] - Investment Opportunities: The company is positioned for significant growth in production and reserves, with a strong focus on community engagement and sustainability, making it an attractive investment opportunity in the gold sector [12][12][30][30]
Aura Minerals (NasdaqGS:AUGO) 2025 Investor Day Transcript