Aura Minerals Reports Record Q3 2026 Production and Significant Revenue Growth
Aura Minerals reported a record-breaking third quarter for 2026, achieving production of 96,000 gold equivalent ounces, a 27% increase over the previous quarter. Net revenues rose 15% to $386 million, driven by higher metal prices and increased output across several key mines, including MSG and Borborema. The company's adjusted EBITDA reached $237 million for the quarter, bringing its nine-month total to $677 million, which already exceeds its full-year 2025 performance. Operational improvements are central to the company's strategy, with management highlighting a successful turnaround at the MSG mine and plant debottlenecking at Borborema. Despite higher All-In Sustaining Costs (AISC) due to ongoing transitions, excluding the MSG mine, the company sits in the first quartile of the industry cost curve. Financial stability remains strong with a cash balance of $418 million and a low leverage ratio of 0.2x net debt to EBITDA.
Topics: Cash Flow Dividends EBITDA Gold Production Revenue Growth
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