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Aura Minerals Inc (4)
Symbol ORA
Shares Issued 4,353,866
Close 2020-02-14 C$ 58.90
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Aura Minerals appoints Luvizotto COO, Cardoso CFO

2020-02-15 02:18 ET - News Release

Mr. Rodrigo Barbosa reports


Over the last three years, Aura Minerals Inc. has been focused on transforming itself into a stronger, more flexible growth company. This has been accomplished through changes to its portfolio, a strengthened balance sheet, and the development of talent and management processes. With the completion of the ramp-up of the Aranzazu project last year, the integration of the Rio Novo acquisition and the recent announcement of a binding term sheet for an acquisition in the United States, Aura now operates three mining projects in the Americas and has three gold development projects in the Americas.

To move forward with Aura's growth strategy, combined with the company's focus on developing the management team and excellence in performance, the company is very pleased to announce the following key management changes.

Glauber Luvizotto, the current general manager (GM) of the company's Aranzazu operation, assumes the role of chief operating officer (COO) of Aura, responsible for mine operations, technical services and project development. Mr. Luvizotto will continue as the interim GM in Aranzazu while the company finds the right candidate to assume the role of GM of the Aranzazu operation.

Kleber Cardoso, Aura's current vice-president of finance, assumes the role of chief financial officer (CFO) of Aura, responsible for financing, accounting, cash flows and investors relations.

Sergio Castanho, the company's current vice-president of people and management process, assumes the role of chief transformational officer (CTO) of Aura, responsible for people and management, innovation, business development, and corporate strategy.

Rodrigo Barbosa, president and chief executive officer, commented: "This is a top-tier management team with impressive complementary skills that I trust will take Aura with me to the next level. We have an ambitious growth plan, and I am fully confident that this team, together with all our employees, will be able to achieve our vision: to be one of the most respected, results-driven mining companies."

About Aura Minerals Inc.

Aura is focused on mining in complete terms: thinking holistically about how its business impacts and benefits every one of its stakeholders: the company, its shareholders, its employees, and the countries and communities the company serves.

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 Matupa, and one gold project in Colombia, Tolda Fria.

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