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ARIS MINING APPROVED FOR NYSE UPLISTING
Prnewswire· 2026-02-05 13:00
U.S. Trading Symbol to Change to "ARIS" from "ARMN"Senior Management to Participate in NYSE Closing Bell Ceremony on February 19, 2026 VANCOUVER, BC, Feb. 5, 2026 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces that it has received approval to uplist its common shares from the NYSE American to the New York Stock Exchange (NYSE). The Company's common shares will continue to trade on the Toronto Stock Exchange under the symbol "ARIS". Upon uplisting, ...
ARIS MINING ANNOUNCES BOARD AND MANAGEMENT UPDATES
Prnewswire· 2026-01-22 22:00
Core Viewpoint - Aris Mining Corporation is undergoing a significant leadership transition with the retirement of Ian Telfer as Chair, and Neil Woodyer has been appointed as Chair and Chief Executive Officer, aiming to enhance execution and growth strategies [1][2][3]. Board Leadership Changes - Ian Telfer has retired from the Board of Directors after serving since February 2021, but will continue in an advisory role [2]. - The Board has approved a streamlined governance structure, combining the roles of Chair and CEO, supported by a strong Lead Independent Director [4][6]. Management Leadership Changes - Doug Bowlby has been promoted to President, supporting the CEO in corporate strategy and initiatives, while the Chief Operating Officer role has been eliminated [5]. - Neil Woodyer will lead operational and project execution directly, with Dustin VanDoorselaere and Cornelius Lourens reporting to him [6][8]. Operational and Growth Strategy - Aris Mining operates two underground gold mines in Colombia, targeting an annual production of approximately 1.0 million ounces of gold, with current production at 256,503 ounces in 2025 [10]. - The company has a development pipeline including the Toroparu gold project in Guyana and the Soto Norte project in Colombia, with studies underway to advance these projects [10].
ARIS MINING DELIVERS STRONG 2025 GOLD PRODUCTION ABOVE GUIDANCE MID-POINT AND OUTLINES ACCELERATING GROWTH INTO 2026
Prnewswire· 2026-01-21 22:00
Core Viewpoint - Aris Mining Corporation reported a significant increase in gold production for 2025, achieving 256,503 ounces, a 22% rise from 2024, and anticipates further growth in 2026 with production expected to reach between 300,000 and 350,000 ounces driven by expansions at Segovia and Marmato [1][3][9]. Production Highlights - In 2025, Aris Mining produced 256,503 ounces of gold, exceeding the guidance midpoint of 230,000 to 275,000 ounces [7]. - The second half of 2025 saw a 26% production growth, attributed to the expansion at Segovia and consistent performance at Marmato [3]. - Fourth quarter production totaled 69,852 ounces, with Segovia contributing 63,137 ounces and Marmato 6,715 ounces [4][6]. Future Production Guidance - For 2026, consolidated gold production is projected to be between 300,000 and 350,000 ounces, with a significant portion expected in the second half of the year [9][10]. - Segovia's production is anticipated to increase to between 265,000 and 300,000 ounces, while Marmato is expected to contribute between 35,000 and 50,000 ounces [10][13]. - The new carbon in pulp (CIP) plant at Marmato is expected to commence production in Q4 2026, enhancing overall output [13]. Operational Insights - The Segovia mill expansion, completed in June 2025, has been a key driver for increased production [15]. - The company plans to operate the new CIP plant at a design capacity of 5,000 tonnes per day by the end of 2027, with initial processing expected to start at approximately 3,000 tonnes per day [13]. - Development of the new underground decline to the Bulk Mining Zone at Marmato is 45% complete and is scheduled for completion in Q3 2026 [13]. Financial Position - As of December 31, 2025, Aris Mining reported a cash balance of over US$390 million, net of US$60 million used for the acquisition of the remaining 49% interest in Soto Norte [7].
ARIS MINING EXPANDS HIGH-GRADE SEGOVIA RESERVE AND RESOURCE ESTIMATES
Prnewswire· 2026-01-08 22:18
Core Viewpoint - Aris Mining Corporation has updated its Segovia mineral reserve and resource estimates, showing significant increases in both measured and indicated resources as well as proven and probable reserves, indicating strong asset performance and long-term value creation potential for the company [2][7]. Mineral Resource Estimates - Measured and indicated resources increased by 7% to 3.6 million ounces (Moz) from 3.4 Moz in the 2024 estimate [7]. - Inferred resources grew by 12% to 2.9 Moz, reflecting ongoing exploration success [7]. - The average grade of measured and indicated resources is 15.3 grams per tonne (g/t) of gold [7]. Mineral Reserve Estimates - Proven and probable reserves increased by 12% to 1.5 Moz, up from 1.3 Moz in the 2024 estimate [7]. - The average grade of proven and probable reserves is 10.7 g/t of gold [7]. - The company utilized a gold price of $2,800 per ounce for the 2025 mineral reserve estimate, compared to $1,915 per ounce for the 2024 estimate [11]. Sensitivity Analysis - A sensitivity analysis was conducted across a range of gold prices from $2,100 to $3,200 per ounce, demonstrating that the Segovia mineral resource is largely insensitive to gold price assumptions [3]. - The analysis shows that measured and indicated contained gold ranges from 3.4 Moz to 3.6 Moz, highlighting the high-grade nature of the deposit [3]. Operational Context - Aris Mining operates two underground gold mines in Colombia, with a target annual production rate of over 500,000 ounces of gold following recent expansions [17]. - The company is also advancing other projects, including the Toroparu gold project in Guyana and the Soto Norte project, which are expected to contribute to future growth [18][19].
Hot stocks: Canada’s top performers in Q4 2025
MoneySense· 2026-01-05 06:48
Core Insights - Sigma Lithium Corp. experienced significant growth, nearly doubling in value over three months, driven by a 69% increase in net revenues quarter-over-quarter and a 36% increase year-over-year, reflecting strong execution and renewed investor interest in lithium [1] Group 1: Company Performance - Sigma Lithium Corp. ranked first with a 98.8% gain, closing at $18.05 from $8.80 [3] - Aris Mining Corp. achieved a 61.9% return, closing at $22.26 from $13.64, and consolidated its stake in the Soto Norte property [2][3] - Discovery Silver Corp. saw a 58.7% increase, closing at $8.38 from $5.16, and acquired the Porcupine Complex, enhancing its asset portfolio [2][3] - Other notable performers included Snowline Gold Corp. (56.9%), Sprott Physical Silver Trust (54.3%), and Almonty Industries Inc. (49.1%) [3] Group 2: Market Comparison - The S&P/TSX Composite index rose 5.6% during the same period, with a total return of 6.25%, outperforming the S&P 500, which returned 2.35% [3] - Seven of the top ten stocks for Q4 2025 were also among the top performers for the entire year, indicating strong momentum in the mining sector [3] Group 3: Annual Performance Highlights - Discovery Silver Corp. led the annual performance with a staggering 1100% gain, closing at $8.38 from $0.79 [4] - Almonty Industries Inc. followed with an 859.1% increase, closing at $12.07 from $1.52 [4] - Americas Gold and Silver Corp. achieved a 450.4% return, closing at $7.04 from $1.40 [4]
ARIS MINING CLOSES ACQUISITION OF REMAINING 49% OF SOTO NORTE
Prnewswire· 2025-12-12 13:27
Core Viewpoint - Aris Mining Corporation has completed the acquisition of the remaining 49% interest in the Soto Norte joint venture, resulting in 100% ownership of the Soto Norte Project and the termination of the associated precious metals stream previously granted to Mubadala [1][2]. Company Overview - Aris Mining was founded in September 2022 with a vision to become a leading gold mining company focused on South America, combining current production with growth through expansions and development projects [3]. - The company operates two underground gold mines in Colombia: Segovia Operations and Marmato Complex, which produced a total of 210,955 ounces of gold in 2024 [4]. Strategic Focus - The company aims to build a diversified gold business across Colombia and Guyana, focusing on strong cash flow generation from operating mines while pursuing growth through expansions and exploration [2]. - Aris Mining is targeting an annual production rate of over 500,000 ounces of gold, driven by the commissioning of a second mill at Segovia and the construction of the Bulk Mining Zone at the Marmato Complex, with first gold expected in H2 2026 [4]. Project Development - In Guyana, Aris Mining owns the Toroparu gold project, where a new Preliminary Economic Assessment has been completed, and a Prefeasibility Study is currently in progress [5]. - The Soto Norte gold project has completed a Prefeasibility Study confirming it as a high-grade, long-life project with strong economics, and environmental studies are being finalized for licensing submission in the first half of 2026 [6].
ARIS MINING TO ACQUIRE REMAINING 49% OF SOTO NORTE, SECURING 100% OWNERSHIP AND ADVANCING A CLEAR PATH TO 1 Moz/year
Prnewswire· 2025-11-20 12:58
Core Viewpoint - Aris Mining Corporation has entered into a binding term sheet to acquire the remaining 49% interest in the Soto Norte joint venture in Colombia for a total consideration of US$80 million, which includes US$60 million in cash and newly issued shares [1][2]. Transaction Details - The acquisition will terminate the associated precious metals stream previously granted to Mubadala [1]. - The transaction is expected to close by early December 2025, pending final documentation and customary closing conditions [1]. Strategic Rationale - Post-transaction, Aris Mining will have 100% ownership of Soto Norte, increasing total mineral reserves from 6.9 million ounces (Moz) to 9.1 Moz, a 32.8% increase [3]. - The total mineral resources will rise from 18.3 Moz to 21.7 Moz, an 18.8% increase [3]. - The Net Present Value (NPV) of the Soto Norte project at a gold price of $2,600 per ounce will increase from $1.4 billion to $2.7 billion, an increase of $1.3 billion [3]. Project Overview - Aris Mining first acquired a 20% interest in Soto Norte in April 2022 and increased it to 51% in June 2024 [4]. - The project is confirmed as a high-grade, long-life underground gold project with a positive Prefeasibility Study completed in September 2025 [4]. - Environmental studies are being finalized for licensing submissions planned for the first half of 2026 [4]. Financial Metrics - The transaction is expected to enhance the company's total attributable gold mineral reserves and resources on a per-share basis, leading to NAV accretion [7]. - The Soto Norte project is projected to have an initial capital expenditure of $625 million, with an after-tax NPV of $2.7 billion and an internal rate of return (IRR) of 35.4% [8]. Production and Economic Outlook - The project is designed to support an average annual gold production of 263,000 ounces in years 2 to 10 and 203,000 ounces over the life of the mine [8]. - Life-of-mine cash costs are projected to be low at $345 per ounce, with all-in sustaining costs (AISC) of $534 per ounce [8]. - The project is expected to generate significant by-product credits from copper and silver, with life-of-mine income tax and royalty contributions estimated at $2.6 billion and $393 million, respectively [8].
ARIS MINING AND THE GOVERNMENT OF COLOMBIA REACH LONG-TERM AGREEMENT FOCUSED ON SECURITY AND SUSTAINABILITY TO END ICSID ARBITRATION
Prnewswire· 2025-11-19 22:00
Core Viewpoint - Aris Mining Corporation has successfully reached a Settlement and Termination Agreement with the Republic of Colombia, concluding an arbitration process initiated under the Canada-Colombia Free Trade Agreement, marking a significant collaborative achievement in resolving investor-state disputes [1][2][3]. Summary by Relevant Sections Settlement Agreement - The Settlement Agreement will be effective for a ten-year term and will be monitored by a Joint Representatives Committee from both Aris Mining and the National Agency for Legal Defense of the State (ANDJE) to ensure proper implementation [4]. - The arbitration has been terminated without any cash payments, focusing instead on performance obligations through three "Pillar Agreements" [6]. Pillar Agreements - The three Pillar Agreements include: 1. Agreement for Mining Formalization and Sustainable Territorial Development in the Marmato area with the Ministry of Mines and Energy and the National Mining Agency 2. Collaboration and Cooperation Agreement with the National Police 3. Collaboration Agreement with the Ministry of Defense [6]. Operational Overview - Aris Mining operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Complex, which produced 210,955 ounces of gold in 2024. The company aims to increase annual production to over 500,000 ounces through ongoing expansions [7]. - In Guyana, Aris Mining owns the Toroparu gold project, with a new Preliminary Economic Assessment completed and a Prefeasibility Study in progress [8]. - The company also holds a 51% interest in the Soto Norte joint venture, which has completed a Prefeasibility Study confirming its potential as a high-grade, long-life project [9].
ARIS MINING REPORTS Q3 2025 RESULTS
Prnewswire· 2025-10-29 21:30
Core Insights - The production ramp-up at Segovia is driving record financial results for Aris Mining, with a cash balance of $418 million and significant growth in revenue, cash flow, and adjusted earnings [2][3][6] Financial Performance - Q3 2025 revenue reached $253.5 million, a 27% increase from Q2 2025 and a 93% increase from Q3 2024, attributed to higher gold prices and increased sales volumes [3][6] - Adjusted EBITDA for Q3 2025 was $131.1 million, up 33% from Q2 2025 and triple that of Q3 2024, with a trailing 12-month adjusted EBITDA of $352.0 million [3][6] - Adjusted net earnings were $71.8 million or $0.36 per share, an increase from $0.27 per share in Q2 2025 and $0.08 per share in Q3 2024 [3][6] - Cash balance increased to $417.9 million as of September 30, 2025, up from $310.2 million at June 30, 2025, primarily due to cash flow after sustaining capital and income taxes [3][6] Operational Performance - Total gold production in Q3 2025 was 73,236 ounces, a 25% increase from Q2 2025, with Segovia operations producing 65,549 ounces [7][8] - The average realized gold price was $3,494 per ounce sold, compared to $3,303 in Q2 2025 and $2,457 in Q3 2024 [5][7] - The all-in sustaining cost (AISC) margin increased to $121.5 million, up 39% from Q2 2025, with an AISC of $1,641 per ounce sold [7][8] Project Development Highlights - The Marmato Bulk Mining Zone construction is on schedule for first gold in the second half of 2026, with significant progress in development and construction activities [6][8] - The Soto Norte Prefeasibility Study completed in September 2025 shows robust economics with an after-tax NPV of $2.7 billion and an IRR of 35% [8][19] - The Toroparu Project's Preliminary Economic Assessment completed in October 2025 indicates an after-tax NPV of $1.8 billion and an IRR of 25.2% [8][19] Cash Flow and Capital Expenditures - Operations generated $90.8 million in cash flow after sustaining capital and income taxes in Q3 2025, fully funding growth initiatives [6][8] - Total expansion and growth capital expenditures in Q3 2025 were $48.1 million, with significant investments in the Marmato Bulk Mining Zone and Segovia Operations [6][8]
ARIS MINING ANNOUNCES POSITIVE PEA RESULTS FOR THE TOROPARU GOLD PROJECT
Prnewswire· 2025-10-28 21:30
Core Insights - Aris Mining Corporation announced positive results from the Preliminary Economic Assessment (PEA) of its Toroparu Gold Project in Guyana, confirming it as a large-scale, long-life open pit gold project with a 21.3-year mine life and an after-tax NPV5% of $1.8 billion at a gold price of $3,000/oz [1][2][16]. Project Overview - The Toroparu Gold Project has measured and indicated mineral resources of 126.9 million tonnes at an average grade of 1.30 g/t Au, containing 5.3 million ounces of gold, and inferred resources of 22.9 million tonnes at 1.6 g/t Au, containing 1.2 million ounces of gold [5][23]. - The project is designed as a conventional truck-and-shovel open pit operation with a strip ratio of 4.7 to 1 and a mill capacity of 7.0 million tonnes per annum [5][6]. Economic Metrics - The PEA indicates an average annual gold production of 235,000 ounces, with life-of-mine cash costs of $826/oz and all-in sustaining costs (AISC) of $1,289/oz [5][21]. - The project is expected to generate total payable gold sales of $14.7 billion over its life, with an initial construction capital requirement of $820 million [5][16]. Financial Projections - The after-tax IRR is projected at 25.2%, with a payback period of 3.0 years from the start of operations [16][22]. - At a gold price of $3,600/oz, the NPV5% increases to $2.7 billion, with an IRR of 32.6% [16][22]. Development Strategy - Aris Mining has initiated a Prefeasibility Study (PFS) for Toroparu, targeted for completion in 2026, to advance the project toward construction [2][16]. - The project benefits from a large pre-production stockpile of approximately 6.1 million tonnes, which will support a smooth start-up and consistent throughput [10]. Industry Context - Guyana's mining sector is rapidly advancing, with the Toroparu project positioned as a significant development alongside the Oko West project, highlighting the country's potential as a new frontier for large-scale gold mining [13][14].