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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 Briocheon Mar 23, 2022 4:00am
230 Views
Post# 34536672

RE:RE:Strong news for aris

RE:RE:Strong news for aris I think this is a smart move from gcm . Interest yes and : 

the Debenture may be converted, in whole or in part, at GCM Mining’s sole discretion into common shares of Aris Gold at a price to be determined in the context of the market" 

However the project needs to be revisited . 1.2 bil capex (or 0.6 for aris ) is way to heavy .. 24% irr after tax at 1925 gold is not terrific. ( may be the aris mngmt can improve ) 

Gcm is the place to be in the serafino galaxy .





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