Aura Minerals Acquires Brazilian Gold Mine for $72.8 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2025
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Source: Newsfilter
- Acquisition Transaction: Aura has completed the acquisition of Mineração Serra Grande gold mine from AngloGold Ashanti for an upfront cash payment of $72.8 million, reflecting a total transaction value of $76 million, which underscores Aura's commitment to expanding its footprint in the gold mining sector.
- Production Potential: The Mineração Serra Grande has produced over 3 million ounces of gold since 1998, peaking at 193,000 ounces in 2006, and Aura plans to unlock this potential through a detailed production recovery plan, thereby enhancing overall company output.
- Resource Expansion: According to AngloGold's report, MSG has a mineral resource of 10.75 million tons at an average grade of 3.14 g/t, and Aura aims to increase resources and reserves under the highest safety and sustainability standards, which will bolster future profitability.
- Strategic Positioning: This acquisition aligns with Aura's 360° Mining philosophy, aiming to enhance the company's market position in the Americas by holistically considering stakeholder needs and capturing long-term growth opportunities.
Analyst Views on AUGO
Wall Street analysts forecast AUGO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AUGO is 50.40 USD with a low forecast of 48.00 USD and a high forecast of 52.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 68.300
Low
48.00
Averages
50.40
High
52.80
Current: 68.300
Low
48.00
Averages
50.40
High
52.80
About AUGO
Aura Minerals Inc. is a mid-tier gold and copper production company. It is focused on the development and operation of gold and base metal projects in the Americas. Its five operating assets include the Minosa gold mine in Honduras; the Almas, Apoena, and Borborema gold mines in Brazil; and the Aranzazu copper, gold, and silver mine in Mexico. It also owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and three projects in Brazil: Matupa, which is under development; Sao Francisco, which is in care and maintenance; and the Carajas copper project in the Carajas region, in the exploration phase. The Aranzazu Mine is an underground copper mine that is located within the Municipality of Concepcion Del Oro in the State of Zacatecas, Mexico. Almas is an open-pit mining operation with ore processing through the CIL system, located in the Almas Greenstone Belt. It also owns Mineracao Serra Grande gold mine located in Crixas, in the state of Goias, Brazil.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
