(Kitco News) – Aura Minerals (TSX: ORA) (B3: AURA33) reported that it has reached quarterly manufacturing of 66,782 gold equal ounces (“GEO”) in Q1 2021, which is 68% extra in comparison with consolidated manufacturing of 39,735 GEO in Q1 2020.
The corporate stated that Q1 2021 outcomes signify the second highest consolidated manufacturing (measured in GEO) within the firm’s historical past for a single quarter, simply behind the 68,964 GEO reported in This autumn 2020, the place momentary entry to excessive grades from the Ernesto mine on the Firm’s EPP undertaking contributed to report outcomes.
President and CEO Rodrigo Barbosa famous, “Underneath our consolidated operational plan, we anticipated the primary two quarters of 2021 to have the bottom grades and manufacturing. Regardless of this, we achieved the corporate’s second highest quarterly consolidated manufacturing, simply behind This autumn 2020. Aranzazu reached manufacturing of 100,000 tons on the mine in March and is shifting in the direction of full capability of 100,000 tons on the plant. Furthermore, the corporate expects to succeed in increased grades on the Ernesto mine at EPP throughout Q3 2021, with continued entry to increased grades anticipated in This autumn 2021.”
Aura is a mid-tier gold and copper manufacturing firm centered on the event and operation of gold and base metallic tasks within the Americas. The corporate’s producing property embody 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 the Gold Highway gold mine in the USA.
Disclaimer: The views expressed on this article are these of the creator and will not replicate these of Kitco Metals Inc. The creator has made each effort to make sure accuracy of knowledge offered; nonetheless, neither Kitco Metals Inc. nor the creator can assure such accuracy. This text is strictly for informational functions solely. It’s not a solicitation to make any trade in commodities, securities or different monetary devices. Kitco Metals Inc. and the creator of this text don’t settle for culpability for losses and/ or damages arising from the usage of this publication.