Aris Mining Corp. T.ARIS

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

Metals & Mining Gold

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.

TSX:ARIS - Post by User

Aris Mining Corp. > Creature from Jekyll Island, Animal Farm

<< Previous

Bullboard Posts

Next >>

Comment by Thales42on Jul 29, 2021 7:18pm

138 Views

Post# 33629968

RE:RE:RE:RE:RE:RE:Creature from Jekyll Island, Animal Farm

If I remember correctly Wheaton's portion of Toroparu was around US $100 million and It leaves around USD 278 million that GCM has to raise one way or another.

+++

Toroparu Project: Most of the benchmark bond proceeds will be used to fund an estimated USD378 million of pre-production capex for the Toroparu gold project in Guyana. This project is expected to bring Gran Colombia's output to 380,000 oz of gold equivalent in 2025 from the current 200,000 oz of gold equivalent it mines from Segovia. The expected 24 years of life of this open pit mine will also strengthen Gran Colombia's profile. Toroparu's development is also being financed by gold and silver streaming deals with Wheaton.

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects