Aura Minerals quits Canada for Nasdaq

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Serra Grande is in central Brazil, state of Goiás, about 5km from the city of Crixás. Credit: AngloGold Ashanti

South America-focused gold and copper miner Aura Minerals (TSX: ORA; NASDAQ: AUGO) says it’s done with investors in Canada just as the company books record results.

April-to-June adjusted earnings before interest, taxes, depreciation and amortization reached a fourth consecutive quarterly record high of $106 million as gold output grew 7% over the first quarter, Aura said this week. The release followed Aura raising $196 million on its new Nasdaq listing in July.

“In the last four to five years [on the TSX], most of the investors are more interested in junior mining, but we are not a junior miner anymore and the investors prefer junior miners or very large companies,” CEO Rodrigo Barbosa told MINING.COM‘s sister publication The Northern Miner in an interview on Thursday. “We are in…

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