Aris Mining Corporation (NYSE:ARIS) was featured on Mad Money as Jim Cramer shared his take on the stock amid a sliding macro environment. A caller asked for Cramer’s take on the company, and he commented:’ Oh man, a Vancouver miner is always going to be way too speculative. You’re never going to see me recommend a Vancouver miner. They’re just too hard, and I’ve lost too much money in them over the course of multiple years. Aris Mining Corporation (NYSE:ARIS) focuses on the acquisition, exploration, a ...

Financial Data and Key Metrics Changes - Gold production increased by 22% year-over-year, with gold prices rising by 48%, resulting in gold revenue of $909 million, up 82% from $499 million in 2024 [3][6] - Adjusted EBITDA reached $464 million, a 185% increase from $163 million in 2024, demonstrating significant leverage to higher gold prices [6][3] - Adjusted net earnings were $241 million or $1.28 per share, up from $56 million or $0.35 per share in 2024, reflecting a 265% increase [3][6] - The company generated $127 million in free cash flow, transitioning to generating free cash flow while funding growth initiatives [8][9] Business Line Data and Key Metrics Changes - Segovia produced 228,000 ounces of gold, a 21% increase from 188,000 ounces in 2024, driven by a 17% increase in milling rates [10][11] - Marmato exceeded guidance with steady performance, and the development of the bulk mining zone is ahead of schedule [4][16] - Segovia's all-in sustaining cost (AISC) was $1,534 per ounce, up just 3% year-over-year, while total AISC was $1,705 per ounce, up 13% from 2024 [13][14] Market Data and Key Metrics Changes - The company expects production guidance for 2026 to be between 300,000 and 350,000 ounces, representing over 25% growth year-over-year [4][3] - At $4,400 gold, Segovia is projected to generate $650 million in all-in sustaining margin this year [5] Company Strategy and Development Direction - The company aims to grow production to 500,000 ounces in the near term, with plans to advance Toroparu and Soto Norte to create a pathway to one million ounces per year [24] - The uplisting to the main board of the New York Stock Exchange is expected to enhance visibility among institutional investors and improve trading liquidity [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving production milestones and highlighted the strong operational performance and financial results [24][44] - The company remains well-positioned to generate robust cash flows to fund growth initiatives organically, supported by a strong balance sheet and liquidity [23][9] Other Important Information - The company completed the Segovia processing plant expansion on time and on budget, and reached an amicable arbitration settlement with the Colombian government [24] - The construction of the CIP plant at Marmato is progressing well, with the first gold pour expected in Q4 2026 [19][18] Q&A Session Summary Question: Update on Segovia ramp-up and throughput expectations - Management indicated that the ramp-up is going well, with expectations to reach a steady-state of 3,000 tons per day by Q4 2026 [27][28] Question: Guidance for Q1 production - The company is running around 2,600 tons per day, consistent with the end of Q4 [29] Question: Growth capital expectations for Marmato and other projects - The total cost for Marmato is projected to be around $400 million, with a current budget of $220 million for 2026 [33][42] Question: Optimism about ramp-up of the CIP plant - Management believes the milestones for ramp-up are realistic and achievable [44]

An Established Gold Producer in South America Well-positioned portfolio with peer-leading organic growth Q4 and FY 2025 Earnings Results March 12, 2026 TSX & NYSE: ARIS TSX & NYSE: ARIS Disclaimer This presentation contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including without limitation, statements relating to the impact of the Company's expansion projec ...

Financial Performance - Aris Mining reported a cash balance of $392 million as of December 31, 2025, up from $253 million in 2024, reflecting strong operational cash flow and strategic investments [1][2] - The company generated $322 million in cash flow from operations after sustaining capital and income taxes in 2025, resulting in a net cash flow of $127 million after growth capital investments [1][2] - Total revenue for Q4 2025 was $308.6 million, with a net income of $51.1 million or $0.25 per share, compared to $20.5 million or $0.13 per share in Q4 2024 [3][4] Operational Performance - Gold production in 2025 reached 256,503 ounces, a 21% increase from 2024, with Segovia achieving production of 227,762 ounces [1][2] - The average realized gold price for Q4 2025 was $4,237 per ounce, significantly higher than $2,378 in Q4 2024 [1][2] - The all-in sustaining cost (AISC) for Segovia was $1,705 per ounce in 2025, up from $1,507 in 2024, while the AISC margin increased to $420.8 million, a 158% rise from the previous year [1][2] Project Development - The Marmato project is on track for first gold production from the new carbon-in-pulp (CIP) processing facility in Q4 2026, with expected production of 35,000 to 50,000 ounces in 2026 [2][3] - The Soto Norte Prefeasibility Study (PFS) was completed in September 2025, indicating robust economics with an after-tax NPV of $2.7 billion and an IRR of 35% at a gold price of $2,600 per ounce [2][3] - The Toroparu Preliminary Economic Assessment (PEA) completed in October 2025 showed an after-tax NPV of $1.8 billion and an IRR of 25% at a gold price of $3,000 per ounce [2][3] Future Guidance - For 2026, Aris Mining expects consolidated gold production to range between 300,000 and 350,000 ounces, with Segovia projected to produce 265,000 to 300,000 ounces [2][3] - The company anticipates cash costs for owner mining at Segovia to be between $1,150 and $1,250 per ounce, with AISC expected to be between $1,700 and $1,800 per ounce [2][3] - The construction of the Marmato CIP plant is progressing, with plans to reach a throughput capacity of 5,000 tonnes per day by the end of 2027 [2][3]

Core Viewpoint - Aris Mining Corporation is set to release its fourth quarter and full year 2025 financial results on March 11, 2026, with a conference call scheduled for March 12, 2026, to discuss these results [1]. Company Overview - Aris Mining was founded in September 2022, focusing on building a gold mining company in South America, combining current production with growth through asset expansions and exploration [1]. - The company operates two underground gold mines in Colombia, Segovia and Marmato, which produced approximately 257,000 ounces of gold in 2025 [1]. - Aris Mining aims to increase its annual production rate to 500,000 ounces of gold, supported by the commissioning of a second mill at Segovia and the construction of a CIP plant at Marmato, with first gold expected in Q4 2026 [1]. Development Pipeline - The company has a development pipeline that supports a long-term growth outlook to achieve annual production of approximately 1.0 million ounces of gold [1]. - Aris Mining owns the Toroparu gold project in Guyana, with a Preliminary Economic Assessment completed in October 2025 and a Prefeasibility Study in progress [1]. - In Colombia, the company also owns the high-grade Soto Norte gold project, where a Prefeasibility Study was completed in September 2025, and environmental studies are on schedule for submission in Q2 2026 [1].

Core Viewpoint - Aris Mining Corporation has commenced trading on the New York Stock Exchange (NYSE) under the symbol "ARIS," following its uplisting from the NYSE American, while continuing to trade on the Toronto Stock Exchange under the same symbol [1]. Company Overview - Aris Mining was founded in September 2022 with a focus on building a gold mining company in South America, aiming for current production and cash flow generation alongside transformational growth through asset expansions and development projects [1]. - The company operates two underground gold mines in Colombia, Segovia and Marmato, which produced approximately 257,000 ounces of gold in 2025 [1]. - Aris Mining is targeting an annual production rate of 500,000 ounces of gold, supported by the commissioning of a second mill at Segovia and the construction of a CIP plant at Marmato, with first gold expected in Q4 2026 [1]. Growth Strategy - The company has a development pipeline aimed at achieving an annual production of approximately 1.0 million ounces of gold, including the Toroparu gold project in Guyana and the high-grade Soto Norte gold project in Colombia [1]. - A Preliminary Economic Assessment for the Toroparu project was completed in October 2025, and a Prefeasibility Study is currently in progress [1]. - The Soto Norte project has completed a Prefeasibility Study in September 2025, focusing on balancing scale and strong economics with environmental and social design features, with environmental studies set for submission in Q2 2026 [1].

Core Insights - AI unicorn Anthropic has raised $30 billion in fresh funding, resulting in a post-money valuation of $380 billion [1] Group 1: Company Developments - Anthropic's recent funding round significantly increased its valuation, highlighting the growing investor interest in AI technologies [1] - The funding round occurred just a week prior to the announcement, indicating a rapid influx of capital into the AI sector [1] Group 2: Market Context - The overall equities market showed little change, although technology shares contributed to boosting major indices on February 18, 2026 [1] - The NYSE provided a pre-market update, reflecting ongoing market activities and investor sentiments [1]

Core Viewpoint - Aris Mining Corporation has received approval to uplist its common shares from the NYSE American to the New York Stock Exchange (NYSE), changing its U.S. trading symbol from "ARMN" to "ARIS" to align with its Canadian trading symbol [1][2][3]. Company Overview - Aris Mining was founded in September 2022 with a focus on building a gold mining company in South America, combining current production with growth through expansions and development projects [5]. - The company operates two underground gold mines in Colombia, Segovia and Marmato, which produced approximately 257,000 ounces of gold in 2025, with plans to increase annual production to 500,000 ounces [6]. Production and Development Plans - Aris Mining aims to achieve an annual production of approximately 1.0 million ounces of gold, supported by its development pipeline, including the Toroparu gold project in Guyana and the Soto Norte project in Colombia [7]. - The company has completed a Preliminary Economic Assessment for the Toroparu project and is progressing with a Prefeasibility Study, while the Soto Norte project has also completed a Prefeasibility Study balancing scale and strong economics [7]. Management Insights - Neil Woodyer, Chair and CEO of Aris Mining, stated that the uplisting to the NYSE will enhance visibility among U.S. and global institutional investors and reflect the growing scale and quality of the company's portfolio [4].

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].

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].