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Aura Announces Preliminary Q3 2025 and 9M 2025 Production Results, Reaching Record Highs

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Aura Announces Preliminary Q3 2025 and 9M 2025 Production Results, Reaching Record Highs

 

 

 

 

 

Aura Minerals Inc. (NASDAQ: AUGO) (B3: AURA33) is pleased to announce Q3 2025 preliminary production results from the Company’s operating mines: Aranzazu, Apoena, Minosa, Almas and Borborema. Total production in Q3 2025, at current prices reached 74,227 gold equivalent ounces 1,2, 16% higher than Q2 2025 and also 9% higher when compared to Q3 2024. At constant prices, Aura’s quarterly production was a record high, increasing by 17% compared to Q2 2025 and 15% above the Q3 2024. In the 9M 2025, the total production reached 198,347 GEO at current prices. At 2025 Production Guidance Prices3, the 9M 2025 production was 203,592 GEO, 3% above 9M 2024, and on track to achieve the 2025 guidance.

 

Rodrigo Barbosa, CEO and President commented: “We are pleased to announce a record high quarter of strong performance across our operations, achieving 74,227 gold equivalent ounces (GEO) in Q3, contributing to 265,000 GEO over the last twelve months. For the first nine months of 2025, our production of 203,592 GEO at guidance prices positions us firmly within our 2025 guidance of 266,000–300,000 GEO. A key milestone was the start of commercial production at Borborema, which delivered over 10,000 ounces with a recovery rate above 92%, setting the stage for a steady ramp-up. Delivered on time and on budget, Borborema, as the model of Almas, embodies our Aura 360 commitment to disciplined execution, operational excellence, and sustainable value creation for all stakeholders.”

 

Q3 2025 | 9M 2025 Highlights:

  • At Aranzazu, production reached 21,534 GEO, representing a 3% decrease compared to the previous quarter, resulting mainly from metal prices since higher gold prices negatively impact the conversion to GEO. When compared to Q3 2024, production decreased by 12% due to the sharp increase in gold prices between the periods which also impacted GEO conversion. At constant prices4, Aranzazu production was in line when compared to Q2 2025 and 4% higher when compared to the Q3 2024, also due to higher grades of copper and silver. In the 9M 2025, total production decreased by 16% compared to the previous quarter, reaching 64,271, in line with the negative impact of the metals price conversion. At constant prices, Aranzazu produced 62,046 GEO, 4% higher than the same period of the previous year, mainly due to higher grades and commercial molybdenum production.
  • At Minosa, production totaled 18,138 GEO, another stable quarter and in line when compared to the previous quarter, resulting from higher grades processed during the quarter and higher recovery rate, which achieved 68%. When compared to the same quarter last year, production decreased by 13%, due to lower stacking in Q3 2025 compared to Q3 2024 due to higher rainfall in Q3 2025. In the 9M 2025, production decreased 9% mainly due to lower ore feed to the plant, reflecting mine sequencing and weather-related constraints, and was consistent with Aura’s expectations.
  • At Almas, production reached 15,088 GEO, 17% higher than Q2 2025 (12,917 GEO), driven by higher ore processed volumes and improved mine performance, reflecting the results of the plant expansion. Production was in line when compared to Q3 2024, although the higher ore processed, due to the grades decrease due to mine sequencing. In the 9M 2025, production increased 10%, driven by a higher volume of ore processed, supported by the implementation of larger equipment, which expanded the mine’s operational capacity and enhanced process efficiency.
  • At Apoena, production was 9,248 GEO, 13% higher than Q2 2025, driven by higher recovery rates of 95%. Compared with Q3 2024, production increased 15%, primarily because of higher recovery rates and higher processed tonnage feed. In the 9M 2025, production decreased 12% when compared to the same period of the last year, attributable to higher grades in 9M 2024, especially Q1 2024, due to the higher grade of Ernesto pit. So far, 2025’s performance has been above Company expectations.
  • At Borborema, production totaled 10,219 GEO, reflecting progress along the ramp-up curve, reaching commercial production in September as planned by the Company.

 

Production Results

 

Preliminary GEO56 production volume for the three months ended September 30, 2025, when compared to the previous quarter and the same period of the previous year is presented below by operating mine:

 

    Q3 2025 Q3 2024 Q2 2025 % change
vs. Q3
2024
% change
vs. Q2
2025
9M 2025 9M 2024 % change
vs.9M
2024
 
  Ounces produced (GEO)                  
     Aranzazu 21,534 24,486 22,281 -12 % -3 % 64,271 74,179 -13 %  
     Minosa 18,138 20,750 18,039 -13 % 1 % 53,831 59,078 -9 %  
     Almas 15,088 14,975 12,917 1 % 17 % 41,107 37,450 10 %  
     Apoena 9,248 8,035 8,219 15 % 13 % 26,343 30,052 -12 %  
     Borborema 10,219 2,577 n.a. 297 % 12,796 0 n.a.  
  Total GEO produced – Current Prices 74,227 68,246 64,033 9 % 16 % 198,347 200,758 -1 %  
                     
  Total GEO produced – Constant Prices 74,227 64,408 63,557 15 % 17 % 196,122 185,979 5 %  
                     
  Total GEO produced – Guidance Prices 74,227 68,256 67,572 9 % 10 % 203,592 197,119 3 %  
                     

 

The table below shows production by each type of metal at Aranzazu.

 

                     
    Q3 2025 Q3 2024 Q2 2025 % change vs. Q3 2024 % change vs. Q2 2025 9M 2025 9M 2024 % change vs.9M 2024  
                     
  Gold Production (oz) 6,707 6,898 7,461 -3 % -10 % 20,543 19,592 5 %  
  Silver Production (oz) 141,117 137,414 143,318 3 % -2 % 415,335 393,346 6 %  
  Copper Production (klbs) 9,726 9,511 9,922 2 % -2 % 28,109 27,575 2 %  
  Molybdenum Production (Klbs) 105 0 58 n.a. 81 % 163 0 n.a.  
  Total GEO produced – Current Prices 21,534 24,486 22,281 -12 % -3 % 64,271 74,179 -13 %  
                     
  Total GEO produced – Constant Prices 21,534 20,648 21,805 4 % -1 % 62,046 59,399 4 %  
           

 

The chart below displays the consolidated quarterly GEO production measured at current and constant prices since Q1 2023, as well as the last twelve months at the end of each reporting period:

 

 

Qualified Person

 

The scientific and technical information contained in this press release has been reviewed and approved by Farshid Ghazanfari, P.Geo., Geology and Mineral Resources Manager, an employee of Aura and a “qualified person” within the meaning of NI 43-101 and SK-1300.

 

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 company focused on the development and operation of gold and base metal projects in the Americas. The Company’s five operating assets include the Minosa gold mine in Honduras; the Almas, Apoena, and Borborema gold mines in Brazil; and the Aranzazu copper, gold, and silver mine in Mexico. Additionally, the Company owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and three projects in Brazil: Matupá, which is under development; São Francisco, which is in care and maintenance; and the Carajás copper project in the Carajás region, in the exploration phase.

 

The information contained in this press release is preliminary in nature and is provided for informational purposes only. It is based on current estimates, assumptions, and expectations, which remain subject to ongoing review, verification, and possible revision. Final Q3 2025 Production Results may differ from those set forth herein, and no assurance is given as to the accuracy or completeness of the information at this stage. Readers are cautioned not to place undue reliance on this preliminary results.

 

Posted October 10, 2025

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