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Aura Minerals Outlines $485 Million NPV For Recently Acquired Gold Project
Aura Minerals (TSX: ORA) has completed a preliminary economic assessment for the Guatemala-based Era Dorado project. The project, acquired by Aura in January as part of their purchase of Bluestone Resources, is said to have an after-tax net present value of US$485 million and an IRR of 24%. That figure is based on an underground gold operation that would have a mine life of 17 years, with total production over that period of 1.4 million ounces o…
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