Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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 > Toro: while am not a fan of fino

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Comment by invest234on May 27, 2021 10:01am

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Post# 33274889

RE:Toro: while am not a fan of fino

using your numbers
$1100 net margin x 7.5 mil oz = $8.25 billion

chop off a few billion for higher expense than expected and tax, that still makes a few billion $$$ in profits.

Brioche wrote: The toro project has to be considered :

Pea 2019 was based on 1300 $ gold . We are at 1900 now .
Aisc .. 780 . So 1100 $ net margin on each oz
7.5 million pp.
The costs will be always above the presentation . However there is enough space to make money there .
Let's hope fino will announce the construct of a plan right after the deal .