Aura Minerals posts record H1 production
Nasdaq-listed Aura Minerals has reached 75437 oz of gold-equivalent production from its six operating mines in the second quarter of the year, marking an 8% quarter-on-quarter increase and a meaningful 18% year-on-year increase.
The company sold 77 764 gold-equivalent ounces (GEOs) in the second quarter, which decreased by 4% quarter-on-quarter but increased by 25% year-on-year.
On an interim basis, Aura produced 157574 GEOs in the six months ended June 30, marking a 27% year-on-year increase and also the highest first-half production in the company's history.
During the period, Aura sold 159129 GEOs, which was 29% higher year-on-year.
Over the last 12 months, Aura 313 868 GEOs, which increased by 21% compared with the preceding 12 months.
Aura president and CEO Rodrigo Barbosa says the second-quarter production was in line with expectations and puts the company in good stead to meet its full-year guidance of between 340000 and 390000 GEOs.
"Equally important to our current results are the strategic initiatives and growth projects that position Aura to exceed 600000 GEOs a year in coming years. At Mineração Serra Grande, we continue to invest in underground infrastructure and primary development to transition the mining method from top-down to bottom-up, while proceeding with construction on the Era Dorada mine.
"Further, the Almas mine delivered higher production owing to increased plant capacity from ongoing expansion efforts, and the Apoena openpit mine development is progressing according to plan," Barbosa explains.
The Apoena openpit mine development in particular is setting the stage for higher grades in the second half of 2026.
Aura is also advancing technical studies on a planned expansion for the Borborema mine, while exploration is ongoing at the Matupá and Serra da Estrela projects.
Aura's operating mines are based in Mexico, Brazil and Honduras.
