Portuguese 
English 
Spanish 
3 min of reading 
2 comments 
With an Investment of US$ 188 Million in Rio Grande do Norte, Canadian Aura Minerals Launches a Low-Cost Operation that Already Has a Plan to Double in Size and Transform the Region’s Economy and Develop the Brazilian Gold Mine.
In the heart of the semi-arid region of Rio Grande do Norte, a mining project is redefining the economic and social landscape of the area. The Borborema Project, developed by Canadian miner Aura Minerals, is the newest Brazilian gold mine to begin operations, resulting from a robust investment and remarkably efficient execution.
After the completion of its construction in 2025, the mine not only positions itself as a strategic asset for Aura’s growth but also as a potential engine for development in the northeastern backcountry, with the promise of generating jobs and an ambitious plan to nearly double its reserves in the future.
What Is the Borborema Project? The Bet of US$ 188 Million on the Brazilian Gold Mine in RN
The Borborema Project is located in the municipality of Currais Novos, in the Seridó region (RN). After a positive feasibility study, Aura Minerals approved the construction of the mine in September 2023, with a total investment of US$ 188 million.
-
Corpus Christi 2026 will be on a Thursday (June 4) with the possibility of a long weekend; see the cities
-
Successful in the 90s and early 2000s, the video store will donate its entire collection on May 30 and 31. Approximately 10,000 DVDs will be distributed through the initiative of businessman Fabio Moschetta.
-
11,000-year-old indigenous civilization discovered in Canada, with permanent fire pits, stone tools, and bison remains, could change theories about the history of North America.
-
Grey seal pups were appearing with terrifying marks on Sable Island, and after decades of speculation about sharks and boat propellers, scientists discovered that the danger came from where it was least expected: adult males of their own species during the breeding season.
The execution was an example of efficiency. The construction was completed in just 19 months, within budget and on schedule. By the end of March 2025, the mine will begin its commissioning phase (ramp-up), with expectations that full commercial production will be achieved in the third quarter of the same year.
Gold on Paper and in Practice: Reserves and Production Projection
The new Brazilian gold mine begins its story with a solid foundation. The current mine plan is based on proven reserves of 748,000 ounces of gold, ensuring an initial life of 11.3 years.
Production will be gradual. For the year 2025, the projection is for 33,000 to 40,000 ounces. Once at full capacity, the average production in the first three years will be 83,000 ounces annually. The project stands out for its low cost, which guarantees high profit margins even in scenarios of falling gold prices.
The Deviation of Highway BR-226 That Could Double the Size of the Mine
The true potential of Borborema, however, is “hidden” beneath the asphalt. Geological studies have shown that a significant part of the gold deposit extends below a stretch of the federal highway BR-226.
Aura Minerals is already negotiating with DNIT to finance the construction of a detour on the road, with an estimated cost between US$ 6 and 8 million. If approved, this detour will allow the company to explore an area that could add more than 1.2 million ounces to the reserves, virtually doubling the size and life of the mine and transforming its value.
Mining 360°: The Social and Environmental Impact of the Project
Aura Minerals positions the Borborema Project as a model of sustainability. The impact on the local economy is already significant, generating 2,184 direct and indirect jobs. Additionally, the company created a mining operator school in Currais Novos, in partnership with Funcern, to train the local workforce.
In an innovative solution for water management in the semi-arid region, the project will use reused water, sourced from treated sewage from the municipality, for its industrial operations, preserving the region’s freshwater resources.
What Does the Brazilian Gold Mine Borborema Represent for Aura Minerals?
Borborema is Aura’s fifth mine to begin operations and a pillar for the company’s growth strategy, aiming to reach a production of 450,000 ounces of gold per year.
The success in completing the project on time and within budget also strengthens Aura’s reputation as a reliable executor. This track record is an important asset as the company prepares for a planned listing of its shares on the U.S. stock exchange, seeking to attract new investors and further expand its capital.
E esse ouro para onde vai??????
Pra China meu carro aqui só faz de conta q é democracia, na verdade aqui ainda continua sendo mera colônia, com pessoas corruptas e vendidas em todas as esferas do governo….