Acquiring Company
Aura Minerals
Acquired Company
Mineração Serra Grande S.A
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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- Aura Minerals acquires Bluestone Resources Inc. (June 10, 2025)
- Blackstone Minerals acquires IDM for Mankayan project (June 27, 2025)
- BHP attempts to acquire Anglo American for $49bn, $49B (June 6, 2025)
- WTMA and Evolution Metals complete business merger (June 27, 2025)
Who to call at Aura Minerals, and when
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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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