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Aris Mining Corp T.ARIS.WT.A


Primary Symbol: T.ARIS Alternate Symbol(s):  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 canuckman1on Nov 18, 2024 11:50am
84 Views
Post# 36318076

RE:RE:RE:RE:RE:New here

RE:RE:RE:RE:RE:New here

Hi Tobinator,
 

The one thing I was concerned about for the company was the rising AISC for the company.

I would like to know the formula for paying the ASM contractors as gold prices increase and I believe this program has lead to some of the increase in costs.

I am sure margins will always be healthy as the gold price rises but I feel that the company needs to shed more light on the ASM program and it's impact on costs as the gold price increases.  The ASM program is definitely great for increasing gold production.

I will also look into the AISC for Marmato once they get the lower mind into production. Is the $1100 still valid at the time of production?

Keep up your insightful posts!

/Canuckman

 

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