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 > Relax Folks

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Comment by tobinator01on Nov 03, 2022 8:43pm

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Post# 35071663

RE:RE:Relax Folks

I just looked at the H1 2022 report. Cash costs were $847 and AISC was $1207 for GCM with $37 added per ounce due to the litigation against Colombia. Increased energy cost will increase the figure and the plunging Colombia Peso will bring it down some for Q3. It's not as good as I quoted but not the disaster of Equinox. Up the road (~50 km north), Soma Gold is guiding $875 AISC by the end of this year via increased gold production. They expect 50% increase in gold production for 2023 over 2022 so costs will continue to decline per ounce.

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