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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Comment by kkkrrron May 16, 2020 5:55am

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Post# 31037320

RE:RE:RE:$100 million cash

"G&A expenses in the first quarter of 2020 amounted to $4.9 million, up from $3.3 million last year. The increased level of G&A expenses in the first quarter of 2020 largely reflects an increased level of ongoing costs related to the Company’s request for institution of arbitration proceedings with the International Centre for Settlement of Investment Disputes in respect of the Company’s claim against the Republic of Colombia (the “FTA Claim”) and the separate arbitration related to the termination of the previous long-term refinery contract at the beginning of 2019."

..OK, peanuts and with possible success this could pay off....

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