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Aura Minerals Comments on Impacts of Hurricanes Eta and Iota at San Andres Mine
ROAD TOWN, British Virgin Islands, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA; B3: AURA33) (“Aura” or the “Company”) provides an update on t
About this update from Aura Minerals Inc.
[{"type":"text","content":" ROAD TOWN, British Virgin Islands, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA; B3: AURA33) (“Aura” or the “Company”) provides an update on the impacts of Hurricanes Eta and Iota (“Hurricanes”) at its San Andres Mine in Honduras (the “Mine”). The Honduran Permanent Commission for Contingencies (COPECO) issued a red alert state at national level on November 15 for undefined time due to constant rains, that remain to date in the national territory. Hurricane Eta reached Central America on November 3rd and Hurricane Iota on November 16th, carrying severe storms near San Andres mine causing constant power and communication disruptions. The Company prioritized the safety of its employees and service providers and, as such, reduced or interrupted operations during few occasions within current month when appropriate. In addition, the Company is working closely with local communities, providing food, water, beds, general housewares and other essentials to those affected by the Hurricanes. Donations were also made to institutions designated by the government to evaluate and provide aid to the people affected by the Hurricanes at Copan department. The Company is not aware of any injuries or casualties caused by the Hurricanes in the region where the Mine is located. In addition, no material damage was caused to properties of the Company and impact on production is estimated to be between 2,000 and 3,000 ounces against the previous disclosed guidance, therefore impacting in lower revenues and costs for November 2020. \"The safety of our employees and contractors is always our top priority, as well as supporting the communities around our operations,\" said Rodrigo Barbosa, President and Chief Executive Officer of Aura. Forward-Looking Information This press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”) which include, but are not limited to, the impact of the Hurricanes in the Company’s operations. Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, including any changes to the conditions and limitations imposed by the Government Orders and the duration of such conditions or limitations, could cause actual results to differ mat...