Serrote

Key Facts
  • Asset TypeProject
  • LocationBrazil

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Latest Information
  • News Release-English
    Aura Minerals Inc. Filed the Technical Report for Serrote Project,Brazil.
    On 2012-10-22
  • Serrote DA Laje Property Feasibility Results
    Aura Minerals Inc. Announced the Feasibility Study Results for Serrote Project,Brazil.
    On 2012-09-04
  • Arapiraca PEA Study Completed
    Aura Minerals Announced the Completion of the Preliminary Economic Assessment Study(the “Study”)on the Advanced-Stage Serrote DA Laje Deposit at the Arapiraca Copper-Gold-Iron Ore Project in Alagoas State,Brazil. the Study Supports an Open PIT and Concentrator Processing 41,000TPD of Ore Feed Producing a Copper/Gold Concentrate and an Iron Rich (67 % FE)Magnetite Concentrate. Average Annual Copper Production is Expected to be137Million Pounds With the Average in the First Three Years Being155Million Pounds. Average Annual Magnetite Production is Expected to be Approximately1.3Million Tonnes of Concentrate. the Average Life of Mine Cash Cost for Copper is Estimated at $0. 82PER Pound Including by-Product Credits for Iron and Gold Sales. the Expected After Tax NET Present Value(“Npv”)is$325 Million at a 10% Discount Rate and the After Tax Internal Rate of Return(“Irr”)is25 .4%. the Expected Payback Period is2.8Years.
    On 2009-09-30
  • Serrote DA Laje Deposit Resource Estimate Released
    Serrote DA Laje Deposit Resource Estimate Released
    On 2009-03-02
  • Serrote DA Laje Deposit Drilling Results Released
    Serrote DA Laje Deposit Drilling Results Released
    On 2008-11-04