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An update from Aura Minerals ( (TSE:ORA) ) is now available.
Aura Minerals has reported updated Mineral Reserves and Resources for 2024, highlighting significant exploration activities and a strong growth trajectory. The company drilled over 100,000 meters, investing $21.8 million in exploration, and maintained its Proven and Probable Reserves at 3.4 million GEO despite natural depletion. Notable reserve growth at the Apoena mine extended its life-of-mine, while Measured and Indicated Resources grew by 1% and Inferred Resources by 4%. The updates reflect new data, revised geological interpretations, and changes in mining methods, positioning Aura for long-term growth and enhancing its industry standing.
More about Aura Minerals
Aura Minerals Inc. is a company operating in the mining industry, focusing on the exploration and production of mineral resources. Its primary products include gold, copper, and silver, and it operates several mines and development projects across various locations.
YTD Price Performance: 59.24%
Average Trading Volume: 48,310
Technical Sentiment Signal: Sell
Current Market Cap: C$2.03B
For detailed information about ORA stock, go to TipRanks’ Stock Analysis page.