Aris Mining: Gold Production Growth from 226k to 500k oz by 2026

view original post

At The Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Oliver Dachsel, SVP of Capital Markets at Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN), offered insights into the company’s operations and ambitious growth strategy.

Aris Mining, a Canadian company with a substantial market capitalization exceeding $700 million USD, currently operates two gold mines in Colombia. Dachsel highlighted the company’s impressive production of 226,000 ounces of gold in the previous year, with plans to more than double this output to 500,000 ounces annually by 2026 through strategic brownfield expansions.

The company boasts a significant resource base, with Dachsel noting 20.1 million ounces in measured and indicated resources, complemented by an additional 9.1 million ounces in the inferred category. This substantial endowment underpins Aris Mining’s growth potential.

Dachsel detailed expansion plans for their key assets, the Segovia and Marmato mines. He specifically mentioned a $280 million project at Marmato, partially financed through a stream agreement with Wheaton Precious Metals, demonstrating the company’s ability to secure funding for major developments.

Beyond their Colombian operations, Dachsel touched on Aris Mining’s involvement in the Soto Norte project in Peru, describing it as one of Latin America’s most promising undeveloped underground gold projects. This diversification into Peru showcases the company’s regional growth strategy.

[embedded content]

Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.