Aura Minerals (TSE:ORA) has released an update.
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Aura Minerals Inc. reports a strong second quarter in 2024 with a 33% increase in gold equivalent output compared to the previous year, achieving a notable 111% rise in EBITDA to US$109 million. The company has confidently distributed US$25 million in dividends and invested US$4 million in share buybacks, and is on track to meet its annual production guidance. Additionally, the ongoing development of the Borborema project is expected to further boost production in 2025.
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