Aura Minerals 2024 Sustainability Report Released
AURA Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) proudly announces the release of its fifth Annual Sustainability Report, reflecting its commitments to safety, responsibility, sustainability, and innovation. The company has meticulously documented its efforts in aligning with eight core environmental, social, and governance (ESG) pillars, ensuring transparent disclosure of its financial, environmental, and social performance in compliance with Global Reporting Initiative (GRI) standards.
Highlights of the 2024 Sustainability Report
Driving Digital Transformation: Aura has significantly bolstered its cybersecurity and data management systems, enabling a connected AI-driven future. The integration of Almas and Borborema mines into the Aura Analytics platform has proven effective, as evidenced by over 40,000 monthly accesses and four million records.
Empowering Communities: The company has dedicated R$6.1 million towards economic and social development projects, creating a sustainable impact in regional communities. Notable initiatives include enhancing water supply at Minosa and providing free medical assistance at Aranzazu.
Commitment to GHG Protocol: Aura reassessed the emissions from its facilities over the last four years according to the GHG Protocol guidelines, aiming to strengthen its management strategy regarding emissions.
Safety Achievements: Impressively, the company achieved zero lost time incidents during Borborema construction and recorded only one lost time incident across all operations, showcasing its strong safety culture.
ESG Leadership: The company successfully adhered to the Responsible Gold Mining Principles and the Conflict-Free Gold Standards, obtaining the Empresa Socialmente Responsable seal in both Honduras and Mexico for a second consecutive year, reinforcing its commitment to responsible mining practices.
Procurement and Economic Growth: By sourcing around 40% of its purchases from local suppliers, Aura has stimulated regional economic advancement and strengthened its supply chains.
Diversity Recognition: For the second year, Aura has been acknowledged by Conexão Salto Alto for its efforts in promoting gender equity and supporting female talent at its Apoena unit.
Great Place to Work Certification: The company conducted its inaugural organizational climate survey based on the Great Place to Work (GPTW) methodology, achieving a 78% favorability score and earning GPTW certification for all its units.
Leadership Insights
Rodrigo Barbosa, President & CEO of Aura, stated, "It is with immense pride that we reflect on the journey we've undertaken since 2018, driven by our Aura 360 culture. In 2024, our committed efforts led to an increase in gold equivalent production from 236,000 to 267,000 ounces, primarily due to our operational efficiency at Almas and Minosa, as well as strategic expansions like Borborema and the acquisition of Bluestone Resources. Our adherence to ESG principles reached a remarkable 90%, incorporating innovative practices such as grey water treatment at Borborema, all while maintaining a commendable safety record with just one incident in a two-year period. The culture at Aura, recognized through multiple Great Place to Work certifications, fosters diversity and promotes continuous training and community engagement, ensuring a positive legacy through responsible mining practices."
The Philosophy of 360° Mining
Aura operates with a holistic approach, considering the comprehensive impact of its business on all stakeholders involved. This philosophy, termed 360° Mining, emphasizes a commitment to sustainable practices that benefit not just the company but also shareholders, employees, and the communities they operate within.
Aura's Operational Footprint
Aura emphasizes developing and operating gold and base metal projects throughout the Americas. With five primary assets comprising the Minosa gold mine in Honduras, along with the Almas, Apoena, and Borborema gold mines in Brazil, and the Aranzazu copper, gold, and silver mine in Mexico. Moreover, Aura maintains additional projects including Era Dorada in Guatemala, Tolda Fria in Colombia, and three projects in Brazil, including Matupá, São Francisco, and the Carajás copper project, further expanding its operational scope.
Frequently Asked Questions
What is highlighted in the 2024 Sustainability Report?
The report emphasizes Aura's commitment to ESG principles, community engagement, safety, and operational growth through various initiatives.
How has Aura driven digital transformation?
Aura has integrated its facilities into the Aura Analytics platform, significantly enhancing data management and cybersecurity measures.
What measures did Aura take for community improvement?
Aura invested R$6.1 million into local projects aimed at economic and social development, promoting sustainability.
How does Aura ensure safety in its operations?
The company has achieved zero lost time incidents in Borborema construction and maintained a strong safety culture across its operations.
What are Aura's future plans regarding sustainability?
Aura aims to continue strengthening its ESG strategies, innovate its operational practices and support local communities further.
