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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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 BuenaSuertaAtodon Mar 09, 2017 4:18pm
183 Views
Post# 25959869

RE:Article on potential lawsuit

RE:Article on potential lawsuit
Method wrote: https://thebogotapost.com/2017/03/08/gran-colombia-gold-threatens-usd700-million-lawsuit/


Article speaks of: "lack of effective action in the face of strikes and disturbances that have generated damage to their infrastructure." and "company and the Ministry of Mining have until the end of March to solve the dispute, after which the company will take its suit to an international tribunal to proceed"

Anyone know what damage they refer to and/or the track record for such suits at an international tribunal?
Bullboard Posts