AUGO News & Events

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.

Aura Minerals announced Q1 preliminary production results from the company's six operating mines: Aranzazu, Apoena, Minosa, Almas, Borborema and MSG. Total production in Q1, at current prices, reached 82,137 gold equivalent ounces, another high record quarter production, above the previous quarter and also 37% higher when compared to Q1 2025. At constant prices, Aura's quarterly production increased by 1% compared to Q4 2025 and 41% above Q1 2025. During the quarter, Aura sold 81,364 GEO, a slight increase compared to the previous quarter. Rodrigo Barbosa, CEO and president commented: "We delivered another record production quarter in Q1 2026, reaching 82.1 thousand GEO. Despite dedicating efforts to essential underground infrastructure upgrades at MSG and lower production in Apoena and Borborema due to mine sequencing. For the second semester, we expect higher production at Aranzazu, Apoena, MSG and Borborema, while Almas and Minosa remain stable - very much in line with our annual guidance. Looking to the coming years, we continue advancing the Borborema expansion, the Almas underground development, the updated Feasibility Study for Matupa with its recently published additional ounces, and early works at Era Dorada - all supporting our next phase of growth toward over 600,000 GEO annually."

Reports Q4 adjusted net income $73.28M vs. $24.64M last year. CEO Rodrigo Barbora commented: "We are delighted to report that higher production, higher metal prices and stable costs have once again driven Aura to another set of record results. We closed 2025 with record full-year Adjusted EBITDA of $547M at an average realized gold price of $3,446/oz, including a standout Q4 performance of US$207 million at realized gold prices of $4,090/oz...Looking ahead to 2026, we project production to grow to 360,000-390,000 GEO while we still prepare MSG and Apoena for higher output, pursue opportunities to increase capacity at Borborema, advance underground development and expand capacity at Almas, continue exploration and studies to grow Matupa's Resources & Reserves, and progress our drill campaign in Carajas. Yet, we are just in the beginning. Throughout 2025 and recent months, Aura has taken decisive steps toward our forecast of exceeding 600,000 GEO per year, while we continue to identify and pursue opportunities to go even further."