Aura Minerals (NASDAQ: AUGO) this morning released preliminary third quarter production results, reporting 74,227 ounces of gold equivalent production. That production came from five operating mines, and represents an improvement of 16% over the second quarter.
The quarter is also said to be a record high for the company, with nine month production now reaching 198,347 ounces of equivalent production at current prices. Using 2025 guidance pricing, gold equivalent production over the last nine months now sits at 203,592 ounces, with Aura on track to achieve guidance of 266,000 to 300,000 ounces.
In terms of production mix, Aranzazu contributed 21,534 equivalent ounces of production in Q3, followed by Minosa at 18,138 ounces, Almas at 15,088 ounces, Borborema at 10,219 ounces and Apoena at 9,348 ounces.
“We are pleased to announce a record high quarter of strong performance across our operations, achieving 74,227 gold equivalent ounces (GEO) in Q3, contributing to 265,000 GEO over the last twelve months. [..] A key milestone was the start of commercial production at Borborema, which delivered over 10,000 ounces with a recovery rate above 92%, setting the stage for a steady ramp-up,” commented Rodrigo Barbosa, CEO of Aura Minerals.
A date for the release of full financial results was not provided.
Aura Minerals last traded at $36.24 on the Nasdaq.
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