Aris Mining Corp. T.ARIS

Alternate Symbol(s): CLGDF | T.ARIS.W.A | 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.

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Aris Mining Corp. > Remarks

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Comment by invest234on Aug 12, 2021 8:33am

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Post# 33690608

RE:Remarks

1) yamana is a very different company with better rating.
gcm dropped their interest cost by more than half from the gold note 16% effective interest rate. are you going to refuse 6.875% just because another company with better rating got a lower interest rate?

2) you are looking at it the wrong way. 300 mil is for the updated pea with smaller 300 mil capex using the 4km high grade.
they pay the notes using cash on hand, and by the end of the year they make back that cash from segovia cash flow.
the entire 300 mil debt is still being used for toro 300 mil capex.
serafino said ideally a project should finance itself, but there is no law preventing one from using cash on hand for a short time.

Brioche wrote: 1) Yamana got ( the same day as gcm) 500 mil usd at .....2.63 % . ( senior notes ) ( with 1 bil in debt just before )

2) 300 mil us for gcm ; less the fees .. 7% ? less the g. Notes repurchases mean 260 disponible.; A little bit short for toro . Serafino clearly said toro has to be financed by itself . So don't see how wpm should not be on board .