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Aris Mining Corp. T.ARIS

Alternate Symbol(s):  CLGDF | N.AMNG.NT.U | T.ARIS.WT.A | ARMN

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.


TSX:ARIS - Post by User

Bullboard Posts
Comment by Schillon Jul 26, 2012 4:07pm
140 Views
Post# 20156463

RE: RE: RE: RE: RE: RE: RE: News

RE: RE: RE: RE: RE: RE: RE: News

But you did notice, what is happening in Venezuela, Argentina, Peru, etc. to resource companies, didn't you?

Colombia not only has a mining-friendly jurisdiction, but the country is going the oposite way of other south-american countries: instead of nationalization of mining companies, free trade agreements with the USA and Canada were signed. Recently in june new free trade agreements were signed with the EU and south Korea.

Therefore I think shorting Colombian mining stocks like GCM, is a very dangerous game...

Bullboard Posts