March 29, 2022

Post in News by Gabriel Catalani

ROAD TOWN, British Virgin Islands, March 29th, 2022 – Aura Minerals Inc. (TSX: ORA, B3: AURA33) (“Aura” or the “Company”) is pleased to announce its commitment to reducing greenhouse gas emissions and ensuring water sustainability in the regions in which it operates. The goals described below reinforce the Company’s commitment to sustainable development, through the consolidation of the 360° Mining culture, and were developed based on studies carried out by external partners, based on the methodologies of the Brazilian GHG Protocol Program and a plan of clear action.

The Company is committed to reducing 5% of absolute emissions from its current operating units by 2023 (from the baseline established in the 2020 greenhouse gas emissions inventory). This goal is based on the implementation of operational efficiency projects for cargo and transport operations, as well as the technological transition of light fleet electrification.

Aura published its greenhouse gas emissions inventory in June 2021, highlighting an emissions intensity of around 0.3 tonCO2eq per ounce of gold in scopes 1 and 2[1], below the market average of 1.08 tonCO2eq per ounce of gold, according to a report by the World Gold Council[2].

The Company is committed to guaranteeing the water sustainability of the basins in which it operates, considering its impact and that of the actors around it on the blue and gray footprints.

Rodrigo Barbosa, CEO of Aura, comments: “We are delighted to take another step towards enabling a solid strategy that will allow us to grow based on the highest ESG standards. Even with Aura among the least polluting mining companies, these goals are a first step that signals our commitment to consolidate action against climate change and water management, with clear actions that have an important positive impact on our stakeholders.”

 

Forward-Looking Information

This press release contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward-looking statements”) which include, without limitation, learning about the New Releases and the Press Conference. Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, may cause actual results to differ materially from those contained in the forward-looking statements if such risks, uncertainties or factors materialize.

Known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements if such risks, uncertainties or factors materialize. In addition, the results from the Study are also based on assumptions, including assumptions from the Technical Report, which may include assumptions on indicated mineral resources, measured mineral resources, probable mineral reserves and/or proven mineral reserves, which could also cause actual results to differ materially from those contained in the forward-looking statements if such assumptions prove wrong. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities and the Technical Report for a discussion of some of the factors underlying forward-looking statements, which include, without limitation the ability of the Company to achieve its longer-term outlook and the anticipated timing and results thereof, the ability to lower costs and increase production, the ability of the Company to successfully achieve business objectives, copper and gold or certain other commodity price volatility, changes in debt and equity markets, the uncertainties involved in interpreting geological data, increases in costs, environmental compliance and changes in environmental legislation and regulation, interest rate and exchange rate fluctuations, general economic conditions and other risks involved in the mineral exploration and development industry. Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward-looking statements.

 

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. Our mission is to find, mine and deliver the planet’s most important and essential minerals that enable the world and humankind to create, innovate, and prosper and our vision is to be one of the most trusted, responsible, well respected and results driven mining companies. We call this 360° Mining.

Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The Company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a -Pique gold mine in Brazil, the Aranzazu copper-gold-silver mine in Mexico. In addition, the Company has two additional gold projects in Brazil, Almas and Matupá, and one gold project in Colombia, Tolda Fria.

For further information, please visit Aura’s website at www.auraminerals.com or contact:

Rodrigo Barbosa
President & CEO

 

[1] The greenhouse gas inventory was carried out by a specialized and independent consultancy but was not audited

[2] Gold and Climate Change: an introduction. World Gold Council. June 2018