Aris Water Solutions(ARIS)

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ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
Prnewswire· 2024-10-21 12:07
VANCOUVER, BC, Oct. 21, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announced today that it has commenced an offering of US$400 million aggregate principal amount of Senior Notes due 2029 (the "Notes"). Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 (the "2026 Notes") and for working capital and general corporate purposes. Pursuant to the terms of the ind ...
Aris Water Solutions: One Of The Few Oases In The Desert Of The Oil Industry
Seeking Alpha· 2024-10-09 09:02
Welcome to Growth Arcane, where we specialize in uncovering opportunities with compelling fundamental characteristics and robust long-term catalysts. With a primary focus on the US market, we delve into various industries, regardless of their market capitalization. Explore with us, and don't hesitate to reach out if you have any questions.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the n ...
ARIS MINING REPORTS Q3 2024 GOLD PRODUCTION, UPDATES SEGOVIA RESERVE AND RESOURCE ESTIMATES AND EXPANSION MILESTONES
Prnewswire· 2024-10-07 22:40
Core Viewpoint - Aris Mining Corporation reported a gold production of 53,608 ounces in Q3 2024, marking a 9% increase from Q2 2024, with significant progress on expansion projects at Segovia and Marmato [1][2][3] Production Results - Total gold production for Q3 2024 was 53,608 ounces, with 47,493 ounces from Segovia and 6,115 ounces from the Marmato Upper Mine [1] - This production represents a 9% increase compared to Q2 2024 [1] Expansion Projects - The Segovia expansion's Phase 1 is complete, enhancing mill feed capacity and operational efficiencies, while Phase 2 is underway and expected to be completed in Q1 2025 [3] - The Segovia expansion aims for gold production of 185,000 to 195,000 ounces in 2024, 250,000 ounces in 2025, and over 300,000 ounces in 2026 [3] - The Marmato Lower Mine expansion is progressing on schedule, with an expected annual production of 162,000 ounces over a 20-year mine life once operational [5] Mineral Resource and Reserve Estimates - Updated mineral resource estimates as of July 31, 2024, show growth in mineral resources and full replacement of mineral reserves, supporting ongoing expansion projects [4] - The 2024 mineral resource estimate includes 3,396,000 ounces of gold in measured and indicated categories [8] - The 2024 mineral reserve estimate includes 1,343,000 ounces of gold in proven and probable categories [12] Financial Milestones - As of September 30, 2024, the project reached the "25% spend" milestone, triggering a US$40 million payment under the precious metals purchase agreement with Wheaton Precious Metals [6]
3 Waste Removal Services Stocks to Watch Amid Industry Challenges
ZACKS· 2024-09-27 14:05
Industry Overview - The Waste Management industry is experiencing positive trends due to government regulations, advanced technologies, and increased environmental awareness [1] - The global waste management sector reached $1.3 trillion in 2022 and is projected to grow to $2 trillion by 2030, driven by improved waste collection methods and rising waste volumes in emerging markets [1] - The industry is categorized into segments such as industrial, commercial, domestic, and agricultural waste, with industrial waste gaining significance due to ongoing industrial expansion [2] Technological Advancements - Technology plays a crucial role in waste management, with innovations like artificial intelligence improving waste sorting and recycling processes [4] - Waste-to-Energy (WTE) technologies, including thermal and biological solutions, are expected to grow from $38.4 billion in 2024 to $65.3 billion by 2029, at a CAGR of 11.2% [5] Financial Performance - The Zacks Waste Removal Services industry has outperformed the broader sector with a gain of 32.3% compared to 29.4% for the sector, but lags behind the S&P 500's 34.7% growth over the past year [9] - The industry is currently trading at an EV-to-EBITDA ratio of 12.25X, lower than the S&P 500's 19.21X and the sector's 28.81X [10] Company Highlights - **Republic Services, Inc. (RSG)**: The company benefits from high customer loyalty, digital capabilities, and sustainability efforts, with a customer retention rate above 94% and a 5.5% share price increase in the past six months [13][14] - **Clean Harbors, Inc. (CLH)**: Revenue growth is driven by record volumes of containerized waste and improved pricing, with shares rising 20.8% in the past six months [16][17] - **Aris Water Solutions, Inc. (ARIS)**: The company has shown significant performance improvement, with a 16.1% share price increase in the past six months, supported by resilient volumes from long-term contracts [19][21]
Aris Water Solutions (ARIS) Surges 6.4%: Is This an Indication of Further Gains?
ZACKS· 2024-09-25 14:41
Aris Water Solutions, Inc. (ARIS) shares ended the last trading session 6.4% higher at $18.83. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.4% gain over the past four weeks.The stock is benefiting from consistent revenues growth, improved margins, and efficient capital investment which has allowed the company to generate excess cash and further improve its ability to increase returns to shareholders.This compa ...
Aris Water: A Lot Of Reasons To Get On Board
Seeking Alpha· 2024-09-11 13:15
dimitris_k/iStock via Getty Images Introduction Aris Water Solutions, Inc. (NYSE:ARIS), a small-cap play on the North American environmental infrastructure and solutions market has experienced a very rewarding 2024; when small-caps in general have not really gone anywhere (the go-to small-cap ETF- IJR, has only generated returns of 2% on a YTD basis), ARIS, which helps beef up the sustainability quotient of energy companies in the Permian Basin, has seen its share price flourish this year and expand by 82%. ...
ARIS MINING PUBLISHES ITS 2023 SUSTAINABILITY REPORT
Prnewswire· 2024-08-22 23:17
Core Viewpoint - Aris Mining Corporation has made significant strides in its Environmental, Social, and Governance (ESG) initiatives as outlined in its 2023 Sustainability Report, emphasizing the importance of partnerships with Contract Mining Partners (CMPs) in addressing the challenges of informal and illegal mining in Colombia [1][2]. Group 1: Sustainability Initiatives - The company established a Management Sustainability Committee that reports directly to the CEO, enhancing transparency in decision-making regarding sustainability initiatives [3]. - Aris Mining became a member of the United Nations Global Compact and endorsed the United Nations Women's Empowerment Principles, increasing the inclusion rate of women in its workforce [3]. - An $11 million trust fund has been created for environmental rehabilitation at the Marmato Mine, which includes a water treatment plant for industrial wastewater [3]. - The company invested $10.2 million in social and environmental projects, focusing on education, socioeconomic development, infrastructure, environmental conservation, and gender equity [3]. Group 2: Production and Growth Plans - In 2023, Aris Mining produced 226,000 ounces of gold and aims to reach a production rate of approximately 500,000 ounces per year by the second half of 2026 [5]. - The Segovia mill expansion is scheduled for completion in Q1 2025, and the Marmato Lower Mine is expected to have its first gold pour in late 2025 [5]. - The company is also advancing the Toroparu gold/copper project in Guyana and is exploring acquisitions and growth opportunities to enhance value through scale and diversification [5][6]. Group 3: Safety and Community Engagement - Following the implementation of the Vision Zer000 safety program, the company achieved a 75% reduction in Lost Time Injuries [3]. - Aris Mining awarded 875 Colibri scholarships at a bilingual school in Segovia, celebrating the first graduation class of over 50 students [3].
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
Prnewswire· 2024-08-13 21:01
Core Insights - Aris Mining Corporation reported its financial and operational results for Q2 2024 and H1 2024, indicating a total gold production of 99,983 ounces and reaffirming its guidance for 2024 production between 220,000 to 240,000 ounces [1][2][3] Financial Performance - In Q2 2024, gold production was 49,216 ounces, a slight decrease from 50,768 ounces in Q1 2024 [2] - EBITDA for H1 2024 was $53.2 million, with adjusted EBITDA reaching $64.5 million [2] - Net earnings for Q2 2024 were $5.7 million or $0.04 per share, compared to a loss of $0.7 million or $(0.01) per share in Q1 2024 [2] - Adjusted earnings for H1 2024 were $18.1 million or $0.12 per share [2] Operational Highlights - The Segovia Operations processed lower-grade material averaging 9.3 g/t Au in H1 2024, with a seven-day unplanned maintenance shutdown in April [3] - The Segovia plant is operating at its design capacity of 2,000 tonnes per day and is on track for an expansion to 3,000 tpd by early 2025 [3][14] - The Segovia Operations generated an AISC margin of $60.6 million for H1 2024 [4] Cost Guidance - The company updated its cash cost per ounce guidance to a range of $1,125 to $1,225 and AISC guidance to $1,400 to $1,500 due to rising gold prices [4][13] Project Developments - Construction of the Marmato Lower Mine is progressing on schedule, with an estimated completion cost of $246 million, of which $122 million will be funded by stream financing [5][15] - The company is targeting an annual production rate of approximately 500,000 ounces of gold by the second half of 2026 following the completion of expansion projects [5][23] Future Growth Initiatives - Aris Mining acquired an additional 31% interest in the Soto Norte Project, increasing its ownership to 51% [17] - Feasibility studies for the Soto Norte Project are underway, with results expected in early 2025 [17] - The Toroparu project is also advancing, with environmental license renewal documentation submitted [18]
ARIS MINING ANNOUNCES HIGH GRADE DRILL RESULTS FROM ONGOING SEGOVIA OPERATIONS EXPLORATION PROGRAM
Prnewswire· 2024-08-12 21:00
VANCOUVER, BC, Aug. 12, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces the results received to date from its ongoing 2024 exploration drilling program at its Segovia Operations in Colombia, which is now 70% complete.Figure 1. Location plan of drillhole and channel sample intersections (CNW Group/Aris Mining Corporation)Neil Woodyer, CEO of Aris Mining, commented "Our drilling program continues to deliver high grade intersections, confirming the ...
Aris Water Solutions(ARIS) - 2024 Q2 - Quarterly Report
2024-08-07 14:28
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-40955 Aris Water Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 87-1022110 ...