Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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.

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Aris Mining Corp

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Comment by kkkrrron Sep 01, 2020 1:00am

266 Views

Post# 31484792

RE:Learning from mistakes

Marmato was spun out because management don't wanted the debt for the expansion at GCM's balance sheet... ... afte a successful expansion of the mine and solid cashflow it would make sense buying it back ... GCM could eliminate the Marmato-notes for cheap shares (via PP) of Caldas (with Segovia's cash) and get back 80% of caldas wich would be debt free after the notes are paid down ;) .... later combine the both companies and we have a 400000 oz p.a. producer + Juby ... wonderful

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