Aura Minerals (AUGO) announces that commercial production has been achieved at its Borborema gold mine effective as of September 22, 2025. The Borborema mill is operating above 80% of the design capacity, processing 4,500 tonnes per day, with recoveries consistently above 90% and ranging up to 92%. Until now Borborema has already sold more than 10,000 ounces of Gold. Rodrigo Barbosa, Aura’s President, and CEO commented, “We are proud to announce commercial production at the Borborema mine, six months after startup, after 19 months of construction, and with no Lost Time Incidents. Like our Almas project, Borborema was delivered on time and on budget, reinforcing our commitment to operational excellence. This is our fifth operating mine and is expected to be our second-largest producer. As an upside, the project reserves are 812,000 Oz of gold, with Mineral Resources in Indicated category at approximately 1.18 million Oz of gold. This provides strong potential for higher returns and increased reserves. Finally, Borborema exemplifies how Aura combines operational excellence, safety, and sustainability, using 100% treated greywater from Currais Novos, excluding rainwater, for all water needs at the mine and plant, reflecting our environmentally responsible approach.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AUGO: