Aura Minerals Inc. (NASDAQ: AUGO)

Aura Minerals Inc. is an Americas focused gold and copper production company with mining operations in Brazil Mexico and Honduras The company explores develops operates and closes mining projects across multiple jurisdictions It produces gold as its primary product along with copper gold concentrate and molybdenum as by products from its Aranzazu mine in Mexico

Revenue is generated through the sale of gold in the form of doré bars and concentrate and the sale of copper concentrate from underground mining operations The company sells its production to international brokers trading firms and refineries under both spot and contractual agreements Its main customers include precious metal refiners and trading companies that purchase gold and copper products for further processing or resale

The company operates through the following segments: Aranzazu Mine Apoena Mine Almas Mine Borborema Mine Minosa Mine and MSG Mine

• Aranzazu Mine is an underground copper operation in Mexico that produces gold silver and molybdenum as by products It accesses the mine from Zacatecas or Saltillo and processes ore through a dedicated metallurgical plant.

• Apoena Mine is a mining complex in southwest Mato Grosso Brazil consisting of multiple open pit gold deposits including Lavrinha Ernesto Japonês and Nosde along with several exploration prospects.

• Almas Mine is an open pit gold operation in Tocantins Brazil comprising three main deposits (Paiol Vira Saia and Cata Funda) and various exploration targets across a large mineral rights holding.

• Borborema Mine is an open pit gold mine in Currais Novos Rio Grande do Norte Brazil that achieved commercial production in September 2025 following a ramp up phase that began in March 2025.

• Minosa Mine is an open pit heap leach gold mine in western Honduras near La Union in the Copan Department approximately 150 km southwest of San Pedro Sula.

• MSG Mine is a mining complex in northwest Goiás Brazil near Crixás containing three mechanized underground mines and an open pit with a dedicated metallurgical plant of 1.5 Mt annual capacity.

Aura Minerals Inc. holds a mid tier position in the gold and copper mining sector competing with both junior and senior producers The company differentiates itself through a decentralized operational model a disciplined capital allocation strategy and a focus on high returning projects Its competitive advantages include a track record of on time and on budget mine development a strong ESG performance recognized through multiple certifications and access to diverse geological regions in politically stable jurisdictions

The customer base consists primarily of international gold refiners copper traders and concentrate buyers Specific customers named in the filing include Asahi Refining Inc. Trafigura México S. A. de C. V. Auramet International Inc. and Metalor Technologies SA These companies purchase gold doré bars and copper concentrate from Aura's mines under both spot and long term offtake agreements