Fundz

Aura Minerals to acquire Mineração Serra Grande mine

PUBLIC · AUGOJun 02, 2025

Acquiring Company

Aura Minerals

Acquired Company

Mineração Serra Grande S.A

MiamiGoiásMiningPrecious MetalsMineralMining TechnologyMiningPrecious MetalsMineralMining Technology

Description

Aura Minerals Inc. has announced the acquisition of Mineração Serra Grande S.A. from AngloGold Ashanti plc, including all outstanding securities of the company. The transaction involves an upfront cash payment of US$76 million along with deferred payments based on net smelter returns. Aura aims to enhance the mine's production and reduce costs through strategic management and operational expertise.

Quick answer

Aura Minerals is acquiring Mineração Serra Grande S.A, announced June 2, 2025. Aura Minerals is based in Miami, Florida, United States.

How much did Aura Minerals pay for Mineração Serra Grande S.A?
The deal value was not disclosed.
What does Aura Minerals do?
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..
Where are Aura Minerals and Mineração Serra Grande S.A based?
Aura Minerals is based in Miami, Florida, United States. Mineração Serra Grande S.A is based in Goiás, Brazil.

Source: Fundz verified event record.

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Company Information

Company

Aura Minerals

Location

Sw 7Th St

Miami, Florida, United States

About

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. 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 and 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:

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Frequently asked

Who acquired Mineração Serra Grande S.A?

Mineração Serra Grande S.A was acquired by Aura Minerals, based in Miami. The deal was reported on June 2, 2025. Aura Minerals is publicly traded (AUGO) and operates in Mining.

When did Aura Minerals acquire Mineração Serra Grande S.A?

Aura Minerals's acquisition of Mineração Serra Grande S.A was reported on June 2, 2025. Aura Minerals Inc. has announced the acquisition of Mineração Serra Grande S.A. from AngloGold Ashanti plc, including all outstanding securities of the company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mineração Serra Grande S.A do?

Mineração Serra Grande S.A. operates multiple gold mining sites in the Goiás state of Brazil. It includes mechanized underground mines and an open pit with a metallurgical plant. It is privately held, operating in Mining, and is based in Goiás.

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