<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Kapitalo Investimentos Ltda -->
          <cik>0001798686</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>common shares, no par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001468642</issuerCik>
        <issuerName>Aura Minerals Inc.</issuerName>
        <issuerCusip>G06973112</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>Craigmuir Chambers</com:street1>
          <com:street2>Box 71</com:street2>
          <com:city>Road Town Tortola</com:city>
          <com:stateOrCountry>D8</com:stateOrCountry>
          <com:zipCode>000000</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Kapitalo Investimentos Ltda</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D5</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4701125.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4701125.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>4701125.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.7</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Kapitalo Ciclo Gestora de Recursos Financeiros Ltda.</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D5</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4757822.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4757822.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>4757822.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.8</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Carlos Leonhard da Rocha Woelz</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D5</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5792535.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5792535.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5792535.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.0</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Bruno Sousa Mauad</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D5</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5792535.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5792535.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5792535.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.0</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Hegler Jose Horta Barbosa Filho</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D5</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5792535.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5792535.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5792535.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.0</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Bruno Carvalho Cordeiro</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D5</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4757822.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4757822.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>4757822.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.8</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Aura Minerals Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>c/o Aura Technical Services Inc., 3390 Mary St, Suite 116, Coconut Grove, Florida, 33133, United States</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Carlos Leonhard da Rocha Woelz
Bruno Sousa Mauad
Hegler Jose Horta Barbosa Filho
Bruno Carvalho Cordeiro
Kapitalo Investimentos Ltda.
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Kapitalo Investimentos Ltda.
Avenida Brigadeiro Faria Lima
3144, 11th Floor
Sao Paulo, Brazil, 01451-000

Kapitalo Ciclo Gestora de Recursos Financeiros Ltda.
Avenida Ataulfo de Paiva, n  1.120, sala 509
Rio de Janeiro, RJ
CEP 22.440-035
Brazil


Carlos Leonhard da Rocha Woelz
Avenida Brigadeiro Faria Lima
3144, 11th Floor
Sao Paulo, Brazil, 01451-000

Bruno Sousa Mauad
Avenida Brigadeiro Faria Lima
3144, 11th Floor
Sao Paulo, Brazil, 01451-000

Hegler Jose Horta Barbosa Filho
Avenida Brigadeiro Faria Lima
3144, 11th Floor
Sao Paulo, Brazil, 01451-000

Bruno Carvalho Cordeiro
Avenida Brigadeiro Faria Lima
3144, 11th Floor
Sao Paulo, Brazil, 01451-000</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Kapitalo Investimentos Ltda. - Brazil
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - Brazil
Carlos Leonhard da Rocha Woelz - Brazil
Bruno Sousa Mauad - Brazil
Hegler Jose Horta Barbosa Filho - Brazil
Bruno Carvalho Cordeiro - Brazil</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>Kapitalo Investimentos Ltda. - 4,701,125
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - 4,757,822
Carlos Leonhard da Rocha Woelz - 5,792,535
Bruno Sousa Mauad - 5,792,535
Hegler Jose Horta Barbosa Filho - 5,792,535
Bruno Carvalho Cordeiro - 4,757,822</amountBeneficiallyOwned>
        <classPercent>Kapitalo Investimentos Ltda. - 5.7%
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - 5.8%
Carlos Leonhard da Rocha Woelz - 7.0%
Bruno Sousa Mauad - 7.0%
Hegler Jose Horta Barbosa Filho - 7.0%
Bruno Carvalho Cordeiro - 5.8%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Kapitalo Investimentos Ltda. - 4,701,125
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - 4,757,822
Carlos Leonhard da Rocha Woelz - 5,792,535
Bruno Sousa Mauad - 5,792,535
Hegler Jose Horta Barbosa Filho - 5,792,535
Bruno Carvalho Cordeiro - 4,757,822</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Kapitalo Investimentos Ltda. - 4,701,125
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - 4,757,822
Carlos Leonhard da Rocha Woelz - 5,792,535
Bruno Sousa Mauad - 5,792,535
Hegler Jose Horta Barbosa Filho - 5,792,535
Bruno Carvalho Cordeiro - 4,757,822</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Kapitalo Investimentos Ltda. - 0
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - 0
Carlos Leonhard da Rocha Woelz - 0
Bruno Sousa Mauad - 0
Hegler Jose Horta Barbosa Filho - 0
Bruno Carvalho Cordeiro - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Kapitalo Investimentos Ltda. - 4,701,125
Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. - 4,757,822
Carlos Leonhard da Rocha Woelz - 5,792,535
Bruno Sousa Mauad - 5,792,535
Hegler Jose Horta Barbosa Filho - 5,792,535
Bruno Carvalho Cordeiro - 4,757,822</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>All of the securities reported in this Schedule 13G are directly owned by advisory clients of Kapitalo Investimentos Ltda. and Kapitalo Ciclo Gestora de Recursos Financeiros Ltda. None of those advisory clients may be deemed to beneficially own more than 5% of the common shares, no par value.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>Please see Exhibit B attached hereto.</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit A - Joint Filing Agreement

Exhibit B - Control Person Identification</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Kapitalo Investimentos Ltda</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Rodrigo Muniz Ferreira Cavenaghi</signature>
        <title>Rodrigo Muniz Ferreira Cavenaghi / Managing Officer</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Kapitalo Ciclo Gestora de Recursos Financeiros Ltda.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Rodrigo Muniz Ferreira Cavenaghi</signature>
        <title>Rodrigo Muniz Ferreira Cavenaghi / Attorney-in-Fact</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Carlos Leonhard da Rocha Woelz</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Carlos Leonhard da Rocha Woelz</signature>
        <title>Carlos Leonhard da Rocha Woelz</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Bruno Sousa Mauad</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Bruno Sousa Mauad</signature>
        <title>Bruno Sousa Mauad</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Hegler Jose Horta Barbosa Filho</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Hegler Jose Horta Barbosa Filho</signature>
        <title>Hegler Jose Horta Barbosa Filho</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Bruno Carvalho Cordeiro</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Bruno Carvalho Cordeiro</signature>
        <title>Bruno Carvalho Cordeiro</title>
        <date>11/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>* Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.</signatureComments>
  </formData>

</edgarSubmission>
