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 > Aris flat or eve down

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Comment by Pete1986on Oct 17, 2022 4:18pm

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Post# 35029915

RE:RE:RE:Aris flat or eve down

well, other miners are performing pretty good today. ARIS again down more than 2%. Mulit year lows reached already. The question is how low can it go. All time low is around 1 CAD, not that far away anymore.
But anyway, the more interesting question is what is the reason. Sergovia is performing pretty good, so that won't be thre reason. There is also enough cash availalbe (in total 650 mio US + all the Sergovia FCF). Is it due to Toro and or Marmato expansion? Or Soto Norte?

I wonder why there is no new release explaining the share price disaster.

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