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Aura Minerals Announces 2024 and Q4 2024 Financial and Operational Results and Releases its 2025 Guidance
ROAD TOWN, British Virgin Islands, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announc
About this update from Aura Minerals Inc.
[{"type":"text","content":" ROAD TOWN, British Virgin Islands, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its audited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended December 31, 2024. The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR+ at www.sedarplus.ca. All amounts are in thousands of U.S. dollars unless stated otherwise. Rodrigo Barbosa, President, and CEO of Aura, commented: “In 2024, we doubled our EBITDA to US$267 million, with average gold prices of nearly US$2,400 / Oz—well below current levels—while keeping costs firmly under control with our all-in sustaining costs (AISC) at US$1,320/Oz, below the industry average. Almas operation overcame a challenging first half to deliver an outstanding full-year performance, producing 54,129 Oz at an AISC of US$1,139/Oz. This success sets a strong foundation for Borborema, which remains on track and on budget for its 2025 startup, promising higher average production and costs below our average AISC. Additionally, we bolstered our portfolio with the acquisition of a world-class deposit and achieved significant exploration progress. In all, 2024 marked another year of production growth, up 18% at constant metal prices, and advancement of new projects with US$159 million invested in growth for future years, all while delivering returns to shareholders through dividends and ongoing share buybacks, yielding 9.2% in the LTM. Remarkably, while expanding operations, ramping up new mines, and building another mine, our safety record remains among the best in the industry, with only one non-severe lost-time incident (LTI) in two years” Q4 2024 and 2024 Financial and Operational Highlights:(US$ thousand): For the threemonths endedDecember 31,2024 For the threemonths endedDecember 31,2023 For the twelvemonths endedDecember 31,2024 For the twelvemonths endedDecember 31,2023 Total Production1 (GEO) 66,473 69,194 267,232 235,856 Sales2 (GEO) 69,341 68,571 269,833 233,923 Net Revenue 171,517 124,322 594,163 416,894 Adjusted EBITDA 79,319 40,893 ...