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Highlights
- Production ramp-up at Borborema Mine underway, with commercial production expected by Q3 2025
- The mine is set to be one of Aura’s top two operations in terms of annual gold production
- Borborema’s economic fundamentals show promising potential with an after-tax IRR of 41.8%
Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) has announced the commencement of production ramp-up at its Borborema gold mine, located in the municipality of Currais Novos in northeast Brazil. The mine and its plant are currently in operation, with commercial production expected to be achieved by Q3 2025. Once fully operational, Borborema is anticipated to be one of the company’s top producers, ranking second in annual gold output among Aura's five currently operational mines.
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