ExpansionApr 13, 2026, 06:57 PM
Aura Minerals Approves Era Dorada Project, Raises 2026 CAPEX to $386-453M
AI Summary
Aura Minerals Inc. announced its Board of Directors approved the commencement of construction for the Era Dorada Project. This decision significantly updates the company's 2026 capital expenditure guidance. The total CAPEX for 2026 is now projected to be between US$386 million and US$453 million, an increase from the previous range of US$236 million to US$278 million, reflecting the full scope of the new gold project.
Key Highlights
- Aura Minerals' Board approved the construction of the Era Dorada Project.
- Expansion CAPEX Guidance for 2026 revised to US$262-314 million from US$111-130 million.
- Total 2026 CAPEX Guidance updated to US$386-453 million.
- Previous total 2026 CAPEX guidance was US$236-278 million.
Price Impact
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