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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
Post by ts9222on Oct 03, 2016 1:54am
182 Views
Post# 25300899

FARC Funding

FARC FundingFrom Wikipedia
"

Financing

FARC receives most of its funding—which has been estimated to average some $300 million per year—from taxation of the illegal drug trade and other activities, ransom kidnappings, bank robberies, and extortion of large landholders, multinational corporations, and agribusiness. From taxation of illegal drugs and other economic activity,[211] FARC has been estimated to receive approximately 60 to 100 million dollars per year."


It sounds like the FARC are getting tired of fighting a losing battle, the reason for attempting a peace treaty
https://www.unric.org/en/colombia/27013-the-guerrilla-groups-in-colombia

"Recently, the Farc, which is on US and European lists of terrorist organisations, has suffered a series of blows, including the deaths of several top commanders.

On 23 September 2010, the group's top military leader, Jorge Briceno, also known as Mono Jojoy, was killed in a raid on his jungle camp in the eastern region of Macarena.The group's founder and long-time leader, Manuel "Sureshot" Marulanda, died in 2008 of a heart attack.

The most dramatic setback was the rescue by the military of 15 high-profile hostages, including the former presidential candidate Ingrid Betancourt in 2008. The hostages had long been seen as a key element in the rebels' attempts to exchange their captives for jailed guerrillas.President Alvaro Uribe, who swept to power in 2002 vowing to defeat the rebels and was re-elected in 2006, launched an unprecedented offensive against the Farc, backed by US military aid.

Desertions from the rebel ranks suggest morale has been hit. The group had about 16,000 fighters in 2001, according to the Colombian government, but this is believed to have dropped to about 8,000."

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