Aris Mining Corporation (ARMN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing e ...

Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Comp ...

Financial Data and Key Metrics Changes - In Q4 2024, the company achieved a net income of $22 million and EBITDA of $67 million, marking a strong quarter with the highest production of 57,364 ounces for the year [5][10] - Gold revenue for Q4 was $148 million, a 13% increase compared to Q3, driven by a higher realized gold price of $2,642 per ounce and increased sales volumes [14] - For the full year 2024, adjusted EBITDA totaled $163.1 million and adjusted earnings were $55.9 million, or $0.35 per share [15][19] Business Line Data and Key Metrics Changes - Segovia produced 188,000 ounces of gold, while the Marmato Upper Mine contributed 23,000 ounces, totaling 211,000 ounces for the year [10] - In Q4, Segovia's production increased by 8% to 51,477 ounces, with a 7% rise in average gold grade processed [11] - The all-in sustaining costs (AISC) at Segovia reduced by 4% to $1,485 per ounce in Q4, despite an 8% increase in realized gold costs [11] Market Data and Key Metrics Changes - The company expects annual production from Segovia to reach between 210,000 to 250,000 ounces in 2025, with a target of 300,000 ounces from 2026 onwards [6][32] - The AISC margin at Segovia reached a three-year high of $58 million in Q4, a 32% increase from the previous quarter [17][40] Company Strategy and Development Direction - The company is focused on expanding its processing facilities at Segovia and Marmato to increase production capacity, targeting over 500,000 ounces of gold annually once expansions are fully operational [8][30] - The Segovia processing plant expansion is expected to ramp up to 300 tonnes per day by the end of 2025, with a total cost of $15 million for the project [23][28] - The Marmato Lower Mine construction is progressing, with plans to expand processing capacity from 4,000 tonnes per day to 5,000 tonnes per day, aiming for an annual production of 200,000 ounces [25][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong financial position, with a year-end cash balance of $253 million, positioning it well for growth [8][40] - The company remains focused on operational efficiencies and cost control, despite the strong gold price environment [17][34] Other Important Information - The company generated a cash inflow of $164 million in Q4, including $136 million from refinancing bonds and $40 million from a precious metals stream [20] - The total estimated cost to complete the Marmato Lower Mine construction is $365 million, with a net construction cost to the company of $208 million after considering remaining stream funding [28][29] Q&A Session Summary Question: How long has the company been considering the expansion and why now? - Management indicated that the expansion has been under consideration for over a year, with the decision to reshape plans based on insights gained from the Upper Mine [45][46] Question: What is the expected capital expenditure for this year versus next year for the expansion? - The company forecasts approximately $260 million in capital expenditure for this year, with an additional $50 million possible depending on spending [48]

Core Insights - The Colombian Ministry of Environment has completed a public consultation process regarding a Temporary Reserve Area (TRA) in the Santurbán region, impacting the Soto Norte Project, allowing for a two-year suspension of environmental license issuance [1][2] - Aris Mining is advancing a smaller-scale version of the Soto Norte Project, with completion expected by mid-2025, focusing on environmental protection and local community support [2][4] - The company operates two underground gold mines in Colombia, targeting an annual production rate of over 450,000 ounces of gold by 2026 [4][5] Company Overview - Aris Mining was founded in September 2022, aiming to become a leading gold mining company in Latin America, combining current production with growth through expansions and development projects [3] - The company produced 210,955 ounces of gold in 2024 and is expanding its Segovia and Marmato mines to increase production capacity [4] - Aris Mining is actively pursuing partnerships with small-scale miners in Colombia to promote safe and environmentally responsible mining practices [5]

Core Viewpoint - Aris Mining Corporation is set to release its full-year 2024 financial results on March 12, 2025, and will host a conference call on March 13, 2025, to discuss these results [1][2]. Company Overview - Aris Mining was founded in September 2022 with a focus on becoming a leading gold mining company in Latin America, combining current production with growth through asset expansions and exploration [4]. - The company operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Upper Mine, which produced a total of 210,955 ounces of gold in 2024 [5]. - Aris Mining is targeting an annual production rate exceeding 450,000 ounces of gold, with the Segovia mill expansion expected to ramp up in the second half of 2025 and the Marmato Lower Mine projected to begin production in 2026 [5]. Strategic Initiatives - The company is pursuing partnerships with Colombia's small-scale mining sector to promote safe, legal, and environmentally responsible operations that benefit local communities [6]. - Aris Mining is also exploring acquisitions and growth opportunities to enhance value through scale and diversification [6]. Additional Information - The company is listed on the TSX (ARIS) and NYSE-A (ARMN) and is led by a team with a strong track record in the gold mining industry [4]. - Further details about Aris Mining can be accessed through their official website and regulatory filings [7].

Group 1 - The article presents a "Top 5 Mining Stocks to Watch" list for 2025, highlighting the success of five companies in 2024 that generated significant returns [1] - The focus is primarily on precious and industrial metals royalty and streaming companies, while also including broader mining investment ideas [1] Group 2 - Peter Arendas, an associate professor with over 15 years of investing experience, specializes in small and mid-cap companies in the resource sector, particularly in the precious and industrial metals royalty and streaming industry [2]

ARIS MINING A gold producer in the Americas, expanding for tomorrow Q3 2024 Earnings Results – November 13, 2024 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: expectation to meet 2024 production guidance, estimated production and cost guidance in 2024, targeted production in ...

Financial Data and Key Metrics Changes - In Q3 2024, the company produced 53,600 ounces of gold, a 9% increase over Q2 2024, with all-in sustaining margins at Segovia rising 37% to $44 million compared to $32 million in Q2 [5][19] - Adjusted EBITDA for the 12 months ending September 30, 2024, was $147 million, with adjusted net income of $43 million [5][35] - Gold revenue increased by 15% quarter-over-quarter to $131.6 million, driven by a higher realized gold price of $2,447 per ounce and gold sales of approximately 54,000 ounces, up 9% [19][20] Business Line Data and Key Metrics Changes - Segovia produced 136,106 ounces of gold in the first nine months of 2024, with a projected full-year production between 185,000 and 195,000 ounces [10] - Marmato Upper Mines contributed 17,485 ounces of gold, with construction of the Lower Mine on track and reaching a 25% spend level milestone by the end of September [7][15] Market Data and Key Metrics Changes - The realized gold price increased by 6% in Q3 to $2,457 per ounce, while all-in sustaining costs declined by 2% to $1,540 per ounce, resulting in an all-in sustaining cost margin of $918 per ounce [11][12] Company Strategy and Development Direction - The company is targeting an annual gold production rate of approximately 500,000 ounces by the second half of 2026, with ongoing expansions at Segovia and Marmato [8][35] - The expansion at Segovia is progressing, with Phase 1 completed and Phase 2 scheduled for completion in Q1 2025, aiming to increase processing capacity from 2,000 tons per day to 3,000 tons [6][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth strategy, highlighting a strong cash position of $266 million post-Q3, which supports ongoing expansion projects [28][33] - The company is actively engaging with local communities and stakeholders regarding the Soto Norte project, aiming to secure a social license for development [42] Other Important Information - The company refinanced $300 million notes with a new five-year $450 million note at 8%, extending debt maturity to October 2029 [8][29] - A net cash outflow of $41.4 million in Q3 resulted in a cash balance of $80.3 million at quarter-end, which has since increased to $266 million due to recent financing activities [26][28] Q&A Session Summary Question: Update on mill expansion at Segovia - Management confirmed readiness to receive extra tonnage from both Aris site and CMP mining, with 46 contracts in place and 41 awaiting approval [37][40] Question: Planned tonnage from CMP once reaching 3,000 tons - The plan is to pull in 1,800 tons from Aris and the remainder from CMP, indicating an increase of 400 tons per day from CMP [38][39] Question: Update on Soto Norte project discussions - The Country Manager reported ongoing engagement with local communities and stakeholders, with positive alignment on the company's vision for Soto Norte [42]

Condensed Consolidated Interim Financial Statements For the three and nine months ended September 30, 2024 and 2023 (expressed in thousands of United States dollars) (Unaudited) Condensed Consolidated Interim Statements of Financial Position (Unaudited; Expressed in thousands of US dollars) Commitments and contingencies Note 11d,15c Subsequent Events Note 13c,e, 23 Approved by the Board of Directors and authorized for issue on November 12, 2024: "Neil Woodyer" (signed) Director "David Garofalo" (signed) Dir ...

Company Overview - Aris Mining (NYSE: ARMN) is an intermediate gold producer primarily operating in Colombia, formed in September 2022 through the merger of GCM Mining and Aris Gold [1] Company Characteristics - The company is relatively young, which may contribute to its under-the-radar status in the market [1] Investment Perspective - The article highlights the importance of continuous learning and adaptability in investment, referencing a quote from Charlie Munger about the value of becoming wiser over time [1]