Bullboard - Stock Discussion Forum Aris Mining Corp T.ARIS

Alternate Symbol(s): CLGDF | T.ARIS.WT.A | N.AMNG.NT.U | ARMN

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... see more

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TSX:ARIS - Post Discussion

Aris Mining Corp > New Press Release - ARIS MINING REPORTS H1 2024 NET EARNINGS OF $5.0M, ADJUSTED EARNINGS OF $18.1M ($0.12/SHARE) AND EBITDA OF $53.2M WHILE SEGOVIA EXPANSION AND CONSTRUCTION OF MARMATO LOWER MINE REMAIN ON TRACK

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Post by PressRelease on Aug 13, 2024 5:01pm

New Press Release - ARIS MINING REPORTS H1 2024 NET EARNINGS OF $5.0M, ADJUSTED EARNINGS OF $18.1M ($0.12/SHARE) AND EBITDA OF $53.2M WHILE SEGOVIA EXPANSION AND CONSTRUCTION OF MARMATO LOWER MINE REMAIN ON TRACK

All amounts are expressed in US dollars unless otherwise indicated.VANCOUVER, BC, Aug. 13, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces its full financial and operating results for the three and six months ended June 30, 2024 (Q2...read article.

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Comment by tobinator01 on Aug 13, 2024 5:52pm

Not a bad report. They are reaffirming guidance on the low end of guidance. This means the average of the two remaining quarters will be 60,000 ounces. That's another $25 million in revenue for each quarter. The cash balance dropped to $120 million, which is expected when you're doing a cash intensive development on a mine. They did say Q3 will have a combined ...more

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