Aura Minerals Releases Its First Quarter 2020 Financial and Operational Results
May 22 2020 - 8:11PM
Aura Minerals, Inc. (“
Aura Minerals” or the
“
Company”) announces that the Company has filed
today its interim financial statements for the first quarter of
2020, its associated management’s discussion and analysis and
related certification filings for the first quarter of 2020
(collectively, the “
First Quarter Results”).
Rodrigo Barbosa, CEO of Aura, comments: “As a
result of the COVID-19 pandemic setting in during the first
quarter, we prioritized our attention towards supporting our
employees, the communities around which we operate and our
stakeholders generally. The global effect of the pandemic is
unprecedented and we remain committed to the health and safety of
our employees, contractors and surrounding communities through this
difficult time. With respect to the first quarter financial results
of the year, while we were impacted by lower production and
non-cash losses due to the devaluation of the Brazilian Real and
Mexican Peso, our positive cash flow from operations and strong
balance sheet allowed us to maintain our investments in our
operations and complete the Gold Road acquisition.
About Aura 360° Mining
Aura is focused on mining in complete terms –
thinking holistically about how its business impacts and benefits
every one of our stakeholders: our company, our shareholders, our
employees, and the countries and communities we serve. We call this
360° Mining.
Aura is a mid-tier gold and copper production
company focused on the development and operation of gold and base
metal projects in the Americas. The Company’s producing assets
include the San Andres gold mine in Honduras, the
Ernesto/Pau-a-Pique gold mine in Brazil, the Aranzazu
copper-gold-silver mine in Mexico and one pre-operational gold mine
in the United States, Gold Road. In addition, the Company has two
additional gold projects in Brazil, Almas and Matupá, and one gold
project in Colombia, Tolda Fria.
For further information, please visit Aura’s website at
www.auraminerals.com or contact:
Rodrigo Barbosa
President &
CEO
305-239-9332
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