IJR News — today's news from every side

IJR News — today's news from every side

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Aura Minerals Secures $200 Million Loan for Growth — 15hAura Minerals secured a US$200 million syndicated loan at the holding-company level to fund supplier payments and prepayments for production as it advances Era Dorada in Guatemala and expands output at its Almas and Borborema operations, targeting more than 600,000 gold-equivalent ounces per year in coming years. The five-year facility carries SOFR plus 2.70% with a two-year grace period, and management says the financing diversifies funding sources and reinforces a balanced, disciplined growth strategy.

Chris Dalton The grace period helps, but hitting over 600k ounces will depend on steady execution in Guatemala and Brazil.