Aura Minerals Announces Second Quarter 2010 Financial and Operating Results

Aura Minerals Inc. (TSX:ORA) announced financial and operating results for the second quarter 2010.

The press release is quoted as saying:

Gold production of 35,304 ounces and 54,603 ounces for the three and six months ended June 30, 2010, with on-site average cash costs(1) of gold produced of $851 per ounce and $724 per ounce, respectively. Gold sales of 32,024 ounces for the quarter and 50,058 ounces year-to-date for net sales of $38,576,000 and $58,367,000. Mine operating profit of $9,835,000 for the quarter and $18,568,000 for the six months ended June 30, 2010. Net loss for the quarter of $13,328,000 or $0.07 per share and $14,598,000 or $0.08 per share for the six months ended June 30, 2010. Ended the quarter with $85.2 million in cash and cash equivalents.

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