Almas Mine
Mine of Aura Minerals Inc. (ORA)
- StageProducing
- LocationTocantins, Brazil
- CommoditiesGold, Copper
- Operating permitInstallation license (granted), 2021-12-08
- News releases9
- Reported2020-07-21 – 2026-04-01
- Also calledAlmas, Almas Gold, Almas Gold Project, Almas Project
Almas Mine as reported in Aura Minerals Inc.’s news releases, read by Mining News Terminal. Each row links to its release.
Resource estimates
| Date | Category | Estimate | Type |
|---|
| 2026-04-01 | Proven | 4.34 Mt @ 0.55 g/t Au for 77 koz Au | Update |
| 2026-04-01 | Proven & Probable | 4.34 Mt @ 0.55 g/t Au for 77 koz Au | Update |
| 2021-03-10 | Probable | 10.78 Mt @ 0.88 g/t Au for 304 koz Au | Update |
| 2021-03-10 | Proven | 5.36 Mt @ 0.89 g/t Au for 153 koz Au | Update |
| 2021-03-10 | Probable | 439 kt @ 1.89 g/t Au for 27 koz Au | Update |
| 2021-03-10 | Proven | 250 kt @ 1.79 g/t Au for 14 koz Au | Update |
| 2021-03-10 | Probable | 3.13 Mt @ 0.91 g/t Au for 92 koz Au | Update |
| 2021-03-10 | Proven | 646 kt @ 0.88 g/t Au for 18 koz Au | Update |
Economic studies
| Date | Study | After-tax NPV | IRR |
|---|
| 2021-12-08 | FS, consensus US$1,558 per ounce | USD $183.0M | — |
| 2021-12-08 | FS, upside scenario US$1,800 per ounce | USD $260.0M | 57% |
| 2021-03-10 | FS, consensus US$1,558 per ounce | USD $183.0M (5%) | — |
| 2021-03-10 | FS, upside scenario US$1,800 per ounce | USD $260.0M (5%) | 7% |
| 2020-07-21 | FS, base case | (5%) | — |
Exploration programs
| Date | Program | Size | Method and metal |
|---|
| 2023-07-18 | drilling, planned | — | copper |
Mine development
Permits
| Date | Permit | Status | Authority |
|---|
| 2021-12-08 | Installation license | granted | — |
| 2021-03-10 | Environmental licenses | applied | State of Tocantins |
NI 43-101 technical reports
News timeline
| Date | Headline |
|---|
| 2026-04-01 | Aura Reports Updated Mineral Reserves and Mineral Resources For The Year- Ended 2025, Highlighting year of Significant Growth in Mineral Reserve and Resource Portfolio |
| 2023-09-05 | Aura Declares Commercial Production at Almas |
| 2023-08-11 | Aura Announces First Gold Pour at Almas |
| 2023-07-18 | Aura Provides Exploration Update and Plans for 2023 |
| 2023-05-04 | Aura Announces Q1 2023 Financial and Operational Results |
| 2023-04-24 | Aura Minerals Announces Commencement of Operations and Ramp-up Phase at Almas |
| 2021-12-08 | Aura Announces Start of Construction of the Almas Project |
| 2021-03-10 | Aura Minerals Releases Updated Feasibility Study Technical Report (NI 43-101) for the Almas Gold Project |
| 2020-07-21 | Aura Minerals Provides Updates on Status of the Almas Gold Project |
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