For US$ 76 Million, Aura Minerals (AURA33) Acquires Mineração Serra Grande and Prepares Expansion Focused on Efficiency and Sustainability.
Aura Minerals (AURA33) acquires 100% of the Goiás-based Mineração Serra Grande for US$ 76 million in a transaction announced on the night of this Monday (2), marking a new strategic move in Brazil’s gold sector.
The deal involves the purchase of the operation located in Crixás (GO), currently controlled by AngloGold, and includes additional conditions linked to future production.
The acquisition is occurring now because the company sees potential for operational recovery and resource expansion, while reinforcing its presence in one of the country’s most important mineral belts.
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The agreement, according to the company, will be paid directly to AngloGold and also includes a deferred payment equivalent to 3% of the net returns from smelting related to future production linked to the already identified mineral resources.
Why the Acquisition is Strategic for Aura Minerals (AURA33)
Aura Minerals (AURA33) acquires 100% of the Goiás-based Mineração Serra Grande for US$ 76 million precisely because it considers the area one of Brazil’s most relevant greenstone belts.
These geological formations are known for concentrating high-value deposits, particularly gold. Since 1998, the unit has produced over 3 million ounces, reaching its peak in 2006 when it produced 193,000 ounces.
Aura Outlines Plan to Increase Production and Efficiency
For the miner, the current objective is to regain pace, improve efficiency, and expand resources. The company states it already has a plan in place to strengthen the acquired operation.
The original citation should be maintained:
“Our team already has a detailed plan currently in implementation to recover production, reduce dilution, increase efficiency, and invest in expanding Resources and Reserves, all conducted under the highest safety and sustainability standards of our Aura 360 culture,”
stated the president of Aura, Rodrigo Barbosa.
The action plan involves both technical interventions in the mines and investments in safety and sustainability, which are pillars guiding the company’s management.
How the Structure of Mineração Serra Grande Works
The operation acquired by Aura Minerals (AURA33) includes a robust complex composed of three mechanized underground mines and an open-pit mine.
In addition, there is an exclusive metallurgical plant with the capacity to process 1.5 million tons per year.
Who Participated in the Billion-Dollar Transaction in the Mineral Sector
The acquisition of Mineração Serra Grande was supported by recognized institutions in the global market.
Bofa Securities acted as the exclusive financial advisor for Aura Minerals, while Demarest Lawyers provided legal advice in Brazil.
Meanwhile, Gowling WLG (UK) LLP was responsible for legal consulting under English law.
These supports reinforce the complexity and relevance of the process, which consolidates the company’s position among the leading miners operating in Brazil.
What to Expect After the Acquisition of Mineração Serra Grande
Throughout the operation, Aura Minerals (AURA33) acquires 100% of the Goiás-based Mineração Serra Grande for US$ 76 million with the expectation of strengthening its sustainable growth strategy.

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