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.

TSX:ARIS - Post by User

Aris Mining Corp > 2024 guidance..

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Comment by tobinator01on Oct 07, 2024 9:32pm

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Post# 36257138

RE:2024 guidance..

I didn't think they could hit 220k ounces for 2024 after H1 was 99k ounces. Remember they have 1 more quarter of production to go. Let's say they come in with 56k ounces. Then the total will be 210k ounces for 2024. That's a miss of 10k ounces, which is not a bad miss.

I look at the eye popping grades of Segovia going forward. They are getting close to a half-ounce per ton. Their guidance going forward looks more like 10 gram per ton and not 14 gram per ton in the table.

i looked at after hours quotes on ARMN. It was up US $0.17. I think Aris released this NR earlier than normal expecting a favorable response from the market. We just might see that tomorrow.

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