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Aris Mining Corp N.AMNG.NT.U


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

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

Post by drunk@noonon Mar 31, 2024 8:56pm
268 Views
Post# 35962043

tobinator. You're right about the wad of cash, plus they

tobinator. You're right about the wad of cash, plus they120 million coming to them in stages as they advance mamato. But EBIDTA doesn't mean much when you don't take debt expense on the 400 mill and of course Taxes into account. i.e 200mill Ebitda might translate into 100 million free cashflow to be applied towards expansion. Just hope they don't jump the gun and start spedning too much on advancing the other properties. If I didn't think this was a good deal I wouldn't be a shareholder. 
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