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.

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Aris Mining Corp

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Post by ChupacabraBuenoon Mar 13, 2020 2:05pm

134 Views

Post# 30805014

What should the EBITDA be for 2019?

2018 EBITDA was $102.4 million, up 36% over 2017.

"For 2019, the Company continues to expect that its total cash costs and AISC averages for the full year will remain below $720 per ounce and $950 per ounce, respectively" (2018 YE report) - up about 5% from 2018.

If their realized price for gold in 2019 averaged about $1,450 and production was 240,000 ounces, the EBITDA would be $500 x 240,000 = $120 million.

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