Aura Minerals signs Borborema road relocation deal to lift gold reserves to 1.5 Moz

Reuters07:03

Aura Minerals signs Borborema road relocation deal to lift gold reserves to 1.5 Moz

Aura Minerals Inc. signed a cooperation agreement with Brazil’s DNIT to relocate a federal road that crosses part of its Borborema gold mine in Rio Grande do Norte, clearing a key constraint on pit expansion. The company said the move enables conversion of additional indicated resources into reserves, increasing Borborema’s probable mineral reserves by about 82% to roughly 1.5 million ounces of gold and extending the open-pit mine plan to about 20.5 years, alongside an updated feasibility study with improved project economics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aura Minerals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602261803PRIMZONEFULLFEED9662361) on February 26, 2026, and is solely responsible for the information contained therein.

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