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Aris Mining Corp T.ARIS

Alternate Symbol(s):  T.ARIS.WT.A | CLGDF | 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

Comment by kkkrrron Aug 16, 2021 8:02pm
210 Views
Post# 33714845

RE:RE:RE:RE:RE:surplus cash

RE:RE:RE:RE:RE:surplus cashi disagree at one point.. capex at segovia will not come to en and.. there will be underground developement und other spending ..but the Segovia-investments will come down ...

the 2000tpd -expansion will nor lead to higher cashflow.. they need it becouse the grades will come down in future years.. they have to move more ore for the same amount of gold ...  so exploration is the key here ;) ...   they will convert a lot of inferred resources to indicated so the minelife will be extended ...    at all it looks good here..i hope no more transactions and deals..  Segovia and Toroparu is enough for now...   they should buy back stock again with the money they don't need
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