Aris Mining Corporation (ARMN) Successfully Acquires Remaining 49% Stake in the Soto Norte Venture

Core Insights - Aris Mining Corporation (NYSE:ARMN) is recognized as one of the 20 Best Performing Stocks in 2025 [1] Group 1: Acquisition and Control - Aris Mining Corporation successfully acquired the remaining 49% stake in the Soto Norte joint venture in Colombia from MDC Industry Holding Company LLC (Mubadala), gaining full control of the project [2] - Following the acquisition, Mubadala no longer holds any related precious metals stream, allowing Aris Mining to manage the Soto Norte Project entirely [2] Group 2: Strategic Focus - The CEO, Neil Woodyer, indicated that the company is focusing on building a substantial gold business across Colombia and Guyana, leveraging its complete ownership of Segovia, Marmato, Toroparu, and Soto Norte [3] - The strategy emphasizes significant cash flow production from existing mines while pursuing growth through developments, research, and project development [3] Group 3: Growth and Performance - Since its establishment in 2022, Aris Mining has transitioned from a buy-and-build strategy to enhancing its owned assets, aiming to produce over one million ounces of gold annually from its existing asset base [4] - Analyst Don DeMarco from National Bank raised the price target for Aris Mining Corporation from C$22.50 to C$23, maintaining an Outperform rating for the stock [4] Group 4: Operations Overview - Aris Mining Corporation engages in the acquisition, exploration, development, and operation of gold properties in Colombia, Guyana, and Canada [5]