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Aura Minerals to Bring Fleet Operations In-House at Apoena, Almas and Borborema

Aura Minerals to Bring Fleet Operations In-House at Apoena, Almas and Borborema

MT newswireMT newswire2026/10/02 12:16
08:16 AM EDT, 10/02/2026 (MT Newswires) -- Aura Minerals (AUGO) agreed to acquire the mining fleet, equipment leases and dedicated workforce operated by a third-party contractor at its Apoena, Almas and Borborema gold operations in Brazil, the company said Friday. The transaction has an enterprise value of 612 million Brazilian reais ($118 million), including up to 250 million reais in cash, with the remainder in assumed lease financing and contingent payments. The company said it targets transitioning fleet operations in-house by January 2027. Aura expects the insourcing to lower all-in sustaining costs by $150 to $200 per ounce of gold sold across the three operations, starting in 2027, it added. Aura Minerals shares were up 1.3% in premarket activity.
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