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Aris Mining Corp T.ARIS

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

Industrial Metals & Minerals
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

Aris Mining Corp
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(6)
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Comment by kkkrrron Nov 17, 2019 4:41am
98 Views
Post# 30361311

RE:10 years ago...

RE:10 years ago...what a nonsense ...management protects the company against future risks ..thes why they spin-off marmato .. protect the balance sheet...  they learned from the past...

Segovia will do well in 2020 and coming years..the huge cashflow will bring them in a position to be able self-fund a big part of the Capex (Marmato/Trroparu) or get good financing terms for external financing (because they have cash in th back)  ...   5 years from now this could be a billion$ company....  
Bullboard Posts
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