Aura Minerals Inc. is a multi-national

mining company This is an incomplete alphabetical list of mining companies. A * Adex Mining * Aditya Birla Group * African Rainbow Minerals * Agnico Eagle * Aiteo * Alumina * Anaconda Copper * Anglo American (mining) * Anglo Platinum * AngloGold Ashanti * ...

that owns and operates gold and copper mines in Honduras, Brazil and Mexico. The company is headquartered in the

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, operated from its corporate office in

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...

and has its stocks traded on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...

and BDR on the B3.

Operations

The company's producing assets include the San Andres gold mine in Honduras and the Ernesto/Pau-a-Pique gold mine in Brazil. On July 16, 2018, the company announced the results of the NI 43-101 Feasibility Study for the restart of operations at its Aranzazu mine in

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, Mexico. In addition, the company has two additional gold exploration projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria. In

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

, the company owns the Mineraçāo Apoena subsidiaries, which operates the Sāo Francisco

gold mine Gold Mine may refer to: *Gold Mine (board game) *Gold Mine (Long Beach), an arena *"Gold Mine", a song by Joyner Lucas from the 2020 album '' ADHD'' See also * ''Gold'' (1974 film), based on the novel ''Gold Mine'' by Wilbur Smith *Gold mining ...

in Nova Lacerda,

Mato Grosso Mato Grosso ( – lit. "Thick Bush") is one of the states of Brazil, the third largest by area, located in the Central-West region. The state has 1.66% of the Brazilian population and is responsible for 1.9% of the Brazilian GDP. Neighboring ...

History

Formerly Canadian Baldwin Holdings Limited, the company changed its name to Aura Gold, with former-

Yamana Gold Yamana Gold Inc. is a Canadian company that owns and operates gold, silver and copper mines in Canada, Chile, Brazil and Argentina. Headquartered in Toronto, the company was founded in 1994 and became listed on the Toronto Stock Exchange in 1995 ...

CEO Victor Bradley as its new CEO, and listed shares on the

in 2006 in order to pursue exploration of gold properties in Brazil. In 2016, the company re-located its corporate offices from Toronto to Miami, Florida and, re-incorporated under the ''

BVI Business Companies Act The BVI Business Companies Act (No 16 of 2004) is the principal statute of the British Virgin Islands relating to British Virgin Islands company law, regulating both offshore companies and local companies. It replaced the extremely popular and ...

'' with its headquarters in

Road Town Road Town, located on Tortola, is the capital of the British Virgin Islands. It is situated on the horseshoe-shaped Road Harbour in the centre of the island's south coast. The population was about 15,000 in 2018. The name is derived from the na ...

. Mineraçāo Apoena, a subsidiary of Aura, closed the Sāo Vicente gold mine, located in Nova Lacerda, in July 2013. The closure is due to the natural depletion of the mine. The mine started commercial production in 2009 and in the first year of operations produced 49,584 ounces of gold from 2.16 million tons of ore with a 0.43 grams of gold per tonne content. Aura Minerals reported it 206,747 ounces of gold were produced in 2013, an increase of 20% from the 172,500 in 2012. The Aranzazu mine, which produces copper in

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

, had its activities suspended in January 2015. The company said it would spend the first half reviewing the development plans, costs and expenses of the project In May 2015, Aura Minerals signed an agreement with Serra da Borda Mineraçāo e Metalurgia (SBMM), a subsidiary of

, to acquire the Ernesto / Pau-a-Pique gold mine, located near

Pontes e Lacerda Pontes e Lacerda is a municipality in the Brazilian state of Mato Grosso. Location Pontes e Lacerda is located 450 km from Cuiabá, at a latitude 15° 13'34" south and a longitude 59° 20'07" west, with an altitude of 254 meters. Its estim ...

, through the issuance of shares, call options and payment of

royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset o ...

on future production. The operation was approved by the

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(CADE) in July 2015. In March 2018 the company completed a merger with

TSX The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...

-listed Rio Novo Gold Inc in an all-stock deal with former Rio Novo shareholders forming 22% of the new Aura Minerals.

References

{{reflist Companies listed on the Toronto Stock Exchange Canadian companies established in 1946 Gold mining companies of Canada Non-renewable resource companies established in 1946