Sep 8, 2024, 11:07 PM
Sep 8, 2024, 11:07 PM

Aura Minerals announces Almas production plans for July and August 2024

Highlights
  • Aura Almas Mineração S.A. reported preliminary operational results for July and August 2024, achieving 4,723 ounces in July and 5,280 ounces in August.
  • These production figures indicate a 42% increase in average monthly production compared to Q2 2024 and a 26% increase compared to Q1 2024.
  • The results reflect a stabilization in production following the replacement of the contractor and align with previously announced guidance.
Story

Aura Almas Mineração S.A., a subsidiary of Aura Minerals Inc., released preliminary operational results for the months of July and August 2024. In July, the company produced 4,723 ounces of gold, which increased to 5,280 ounces in August. This upward trend in production is notable as it reflects a 42% increase in average monthly output compared to the second quarter of 2024 and a 26% increase compared to the first quarter of the same year. The improvement in production levels is attributed to the stabilization of operations following the replacement of the contractor, which has allowed the company to align its output with previously set guidance. This strategic move appears to have positively impacted the operational efficiency of the Almas project. The disclosed figures are preliminary and unaudited, with final results expected to be released according to the corporate events calendar. Investors and stakeholders are advised that these numbers may be subject to adjustments as the company continues to monitor its performance. Aura Minerals emphasizes the importance of transparency with its investors, particularly in light of the ongoing process of issuing its second debenture. The company remains committed to providing accurate and timely information regarding its operational results and future expectations.

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