AUGO News & Events

Aura Minerals has approved the repurchase programs pursuant to which the company is authorized to repurchase its common shares and Brazilian Depositary Receipts. Under the programs, Aura may repurchase up to an aggregate $200M of its outstanding common shares and Brazilian Depositary Receipts in the open market or in privately negotiated transactions over a period beginning on June 18,2026, continuing until the earlier of the completion of the repurchase or June 18, 2027, depending upon market conditions. Aura's board of directors will review the repurchase programs periodically and may authorize adjustments to its terms and size or suspend or discontinue the repurchase programs. Ara expects to utilize its existing cash to fund repurchases.

Aura Minerals is pleased to announce that its Board of Directors has approved the development of the Era Dorada Project, marking another significant milestone in the Project's advancement. In addition to the core project approval, Aura has secured budget authorization for an advanced water treatment system, with plans to pursue all necessary government permits and approvals. This will enable the delivery of purified, potable water to the local community, further demonstrating Aura's steadfast dedication to environmental stewardship, sustainable social impact, and responsible mining practices. Total capital expenditures for the Era Dorada Project are estimated at $382M and the project is expected to commence operations in the first half of 2028. Average annual gold production estimated at 111,000 ounces during the first four years of the Project, with an estimated life of mine of 17 years, based on mineral reserves estimated in accordance with S-K 1300.