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Aris Mining Corp T.ARIS

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

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 ts9222on Oct 03, 2016 12:35am
105 Views
Post# 25300830

RE:RE:RE:Basket Full of Eggs

RE:RE:RE:Basket Full of EggsWhere does your article say most of FARC funding is from illegal gold mining??
The article you posted says this:
"The Revolutionary Armed Forces of Colombia, or FARC, receives as much as one-fifth of its funding from illegal mining, the gold study says."

One fifth is not most is it?

All illegal artisan miners are not necessarily working for FARC.

And GCM production is from legal mining not illegal mining.


baystock1 wrote: Apparently they get most of their money from illegal gold mining: 

https://www.thestar.com/news/world/2016/04/14/in-latin-americas-drug-hotbeds-illegal-gold-is-more-valuable-than-cocaine-report-says.html


https://www.mining.com/about-80-of-colombias-gold-output-comes-from-illegal-miners-govt/

 

They get most of their money from drug trafficking.



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