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Posted by
Two Blokes Jul 22 -
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ROAD TOWN, British Virgin Islands, July 21, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (Nasdaq: AUGO) (TSX: ORA) (B3: AURA33) (“Aura” or the “Company”) today announced that S&P Global Ratings has upgraded its outlook on the Company's global and national scale credit ratings outlook to positive from stable, while affirming its B+ global scale long-term issuer credit rating and 'brAA' Brazilian national scale rating. According to S&P, the upgraded outlook reflects several key factors: (i) the U.S. listing should allow accelerated growth for Aura without any increase in leverage; (ii) Aura track record of constructing small to medium projects and successfully turning around older assets; and (iii) record high gold prices that are propelling free operating cash flow amid the company's significant expansion capital expenditure (capex) program.
