Canadian miner downgrades Latin American projects

CANADIAN mid-tier gold and copper producer Aura Minerals has announced write-downs totalling $US56.2 million on its assets in Brazil and Honduras.

Canadian miner downgrades Latin American projects Canadian miner downgrades Latin American projects Canadian miner downgrades Latin American projects Canadian miner downgrades Latin American projects Canadian miner downgrades Latin American projects

Despite record gold production, the write-downs resulted in losses in the second quarter of $50.2 million, according to the company’s latest financial statement.

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