MINING REFINING

Aris Mining Reports Q1 2025 Gold Production of 54,763 Ounces, Anticipates Further Growth

Tue April 15 2025

Aris Mining Corporation (TSX: ARIS; NYSE-A: ARMN) has announced its gold production for the first quarter of 2025 (Q1 2025), totaling 54,763 ounces. This figure includes 47,549 ounces from the Segovia operations and 7,214 ounces from the Marmato Upper Mine in Colombia.

The company reported an 8% increase in total gold production compared to the 50,767 ounces produced in Q1 2024. Aris Mining stated that this production reflects operational momentum as it enters 2025. The commissioning of the expanded Segovia processing facility remains on track for the second quarter of 2025, with the company anticipating additional production growth in subsequent quarters.

Aris Mining has set its full-year 2025 production guidance between 230,000 and 275,000 ounces of gold. This guidance includes an expected production range of 210,000 to 250,000 ounces from Segovia and 20,000 to 25,000 ounces from the Marmato Upper Mine. The company noted that the Q1 2025 production figures provided in the release are approximate and may differ from the final results to be included in its 2025 interim financial statements and Management’s Discussion and Analysis (MD&A), which are expected to be released in early May 2025 and filed on SEDAR+ in Canada and with the US Securities and Exchange Commission (SEC) via EDGAR.

Neil Woodyer, CEO of Aris Mining, commented on the company’s performance, stating, “Q1 production came in slightly ahead of our budget target, reflecting a solid operational start to the year. With the expanded Segovia processing facility set to be commissioned this quarter, we are well on track to deliver on our full-year production guidance of 230,000 to 275,000 oz.”

Segovia Operations – Q1 2025 Operating Information:

Marmato Upper Mine – Q1 2025 Operating Information:

Founded in September 2022, Aris Mining is a gold mining company focused on Latin America. The company’s strategy involves current gold production and cash flow generation, coupled with growth through expansions of its operating assets and exploration and development projects. Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024.

The company is currently undertaking expansions at its Segovia mill, which is expected to ramp up production in the second half of 2025, and the new Marmato Lower Mine, which is anticipated to ramp up production in the second half of 2026. These expansions aim to increase Aris Mining’s annual production rate to over 500,000 ounces of gold.

Additionally, Aris Mining holds a 51% interest in the Soto Norte joint venture in Colombia. Studies are underway for a smaller-scale development plan, with results expected in mid-2025. In Guyana, the company owns the Toroparu gold/copper project, diversifying its asset portfolio.

Aris Mining also stated its intent to pursue partnerships within Colombia’s small-scale mining sector and to consider acquisitions and other growth opportunities.

Source: https://www.financecolombia.com/