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]
ARIS MINING ANNOUNCES COLOMBIAN MINISTRY OF ENVIRONMENT RESOLUTION RELATED TO THE SANTURBÁN REGION