# EDGAR Filing Document

**Accession Number:** 0001468642
**File Stem:** 0000000000-25-005840
**Filing Date:** 2025-6
**Character Count:** 7906
**Document Hash:** 92d3e1af44236967b62cf26350a54471
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-005840.hdr.sgml**: 20250909

**ACCESSION NUMBER**: 0000000000-25-005840

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250603

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aura Minerals Inc.
- **CENTRAL INDEX KEY:** 0001468642
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL MINING [1000]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-07894

**BUSINESS ADDRESS:**
- **STREET 1:** CRAIGMUIR CHAMBERS
- **STREET 2:** BOX 71
- **CITY:** ROAD TOWN TORTOLA
- **STATE:** D8
- **ZIP:** 000000
- **BUSINESS PHONE:** 866-881-9982

**MAIL ADDRESS:**
- **STREET 1:** CRAIGMUIR CHAMBERS
- **STREET 2:** BOX 71
- **CITY:** ROAD TOWN TORTOLA
- **STATE:** D8
- **ZIP:** 000000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AURA MINERALS INC
- **DATE OF NAME CHANGE:** 20090717
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950103-25-004862

## Text-Extract

```

                                                            June 3, 2025

Rodrigo Barbosa
Chief Executive Officer
Aura Minerals Inc.
c/o Aura Technical Services Inc.
3390 Mary St, Suite 116
Coconut Grove, FL 33133

       Re: Aura Minerals Inc.
           Amendment No. 3 to Draft Registration Statement on Form F-1
           Submitted May 21, 2025
           CIK No. 0001468642
Dear Rodrigo Barbosa:

     We have reviewed your amended draft registration statement and have the
following
comments.

       Please respond to this letter by providing the requested information and
either
submitting an amended draft registration statement or publicly filing your
registration
statement on EDGAR. If you do not believe a comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

      After reviewing the information you provide in response to this letter
and your
amended draft registration statement or filed registration statement, we may
have additional
comments. Unless we note otherwise, any references to prior comments are to
comments in
our May 12, 2025 letter.

Amendment No. 3 to Draft Registration Statement on Form F-1
Prospectus Summary
Overview, page 2

1.     We note your revised illustrative tables at page 2 appear to be missing
certain labeling
       within the "by Country" and "by Mine" graphics. Please revise to
identify the missing
       country and mines in these graphics. In addition, please provide
disclosure that
       identifies the basis for the percentages and the related period.
 June 3, 2025
Page 2
Capital allocation focused on return on capital, page 7

2.     We note the revisions to footnote on page 7 in response to prior comment
1. Tell us
       why the internal rates of return disclosed for the selected mine
projects are
       inconsistent with the most recent technical reports filed as Exhibits.
Ability and commitment to deliver cash generation and high return on capital,
page 8

3.     In footnote (1) to the table, you refer to the median of the financial
measures of the
       top 5 largest gold companies by produced gold in 2024. Tell us why you
believe the
       median as opposed to the mean or average of these measures is preferable
and
       provides a meaningful comparison with your results.
4.     In footnote (2), which applies to Operating Income CAGR and Adjusted
EBITDA
       CAGR, you state these measures are "as reported by each company." In
footnote (5),
       you state: "We calculated the Adjusted EBITDA, All in sustaining cash
costs per gold
       equivalent ounce sold (AISC) and Cash Conversion of the Top 5 Gold
Mining
       Companies based on publicly available information." For each of the
measures of the
       Top 5 Companies presented in this figure, clearly explain how you
calculated the
       amounts with details sufficient to understand the underlying calculation
formulas, the
       specific inputs used and where the inputs were sourced. Your response
should clarify
       whether you have calculated the individual non-IFRS measures of the top
5 mining
       companies based on the same methods and formulas used to calculate your
reported
       non-IFRS measures using publicly available information as inputs to
these
       calculations or whether the calculations are limited to the median
amounts based on
       the non-IFRS measures publicly reported by each company. Please revise
the footnote
       labels and descriptions applied to the measures included in the
presentation, as
       necessary.
5.     Your figure for Dividend Yield is marked with footnote (5) however the
related
       narrative description does not mention dividend yield. Please expand
footnote (5) to
       address Dividend Yield, as appropriate.
Use of Proceeds, page 61

6.     We note your response prior comment 7 and that your revised disclosure
includes
       bullet points disclosing your intended uses of the net proceeds. Please
revise your
       disclosure to provide estimated amounts you intend to allocate to each
identified
       purpose. Refer to Item 4(a) of Form F-1 and Item 3.C.1 of Form 20-F.
Management's Discussion and Analysis of Financial Condition and Results of
Operations
Indebtedness, page 87

7.     Please expand your disclosure to describe the material financial
covenants in your
       financing agreements. In that regard, we note your disclosure on pages
F-79 and F-80.
Industry, page 91

8.     We note your response to prior comment 11 and reissue it. Please revise
your
       disclosure to clearly identify the source of each statement, statistic,
chart and graph
       regarding your market and industry by disclosing the title and date of
the publication
       as well as the author. For example, we note the charts included on pages
93 and 96
 June 3, 2025
Page 3

       include information from 2014 and 2018, respectively. In addition,
please ensure you
       explain the basis for your statements, including your statement that
global central
       bank reserves are responsible for more than 40% of annual demand for
gold.
Customer Base, page 120

9.     Please expand your disclosure to discuss all material terms of the
Trafigura Copper
       Concentrate Offtake Agreement. For example, we note the agreement has a
minimum
       delivery requirement.
Business, page 128

10.    Please revise your resource and reserve tables on pages 128, 130, and
132 to assign
       the footnotes to the respective property.
Item 8. Exhibits and Financial Statement Schedules
96.3, page II-2

11.    We note your response to comments 26 and 27. You have identified several
factors in
       Exhibit A that have impacted the changes in resources and reserves,
including
       exploration, mining, depletion, larger pit shell, and an adjusted gold
price. Please
       provide additional detail that includes the increase or decrease
resulting from each
       factor included in your response with respect to each deposit.
        Please contact Shannon Buskirk at 202-551-3717 or Craig Arakawa at
202-551-
3650 if you have questions regarding comments on the financial statements and
related
matters. You may contact John Coleman at 202-551-3610 with questions regarding
engineering comments. Please contact Cheryl Brown at 202-551-3905 or Karina
Dorin at
202-551-3763 with any other questions.

                                                           Sincerely,

                                                           Division of
Corporation Finance
                                                           Office of Energy &
Transportation
cc:   Manuel Garciadiaz

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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