
Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) reports gold production of 54,763 ounces for the first quarter of 2025 (Q1 2025), with 47,549 oz from Segovia and 7,214 oz from the Marmato Upper Mine.
Q1 2025 Gold Production Highlights:
*The Q1 2025 results provided in this news release are approximate and may differ from the final results to be included in the Company’s 2025 interim financial statements and MD&A, which the Company expects to release in early May 2025. |
Neil Woodyer, CEO of Aris Mining, commented “We kicked off 2025 with strong momentum, highlighting our ability to effectively execute while advancing major growth initiatives. Q1 production came in slightly ahead of our budget target reflecting a solid operational start to the year. With the expanded Segovia processing facility set to be commissioned this quarter, we are well on track to deliver on our full-year production guidance of 230,000 to 275,000 oz.”
Chart 2: Segovia Operations – Quarterly Production Data
Operating Information | Q1 2025 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 |
Tonnes processed (kt) | 167 | 154 | 156 | 167 | 168 | 645 |
Tonnes per day (tpd) | 1,966 | 1,817 | 1,834 | 1,940 | 1,949 | 1,885 |
Average gold grade processed (g/t) | 9.37 | 9.42 | 9.14 | 9.23 | 9.84 | 9.41 |
Recoveries (%) | 96.1 % | 95.6 % | 96.0 % | 95.9 % | 96.6 % | 96.0 % |
Gold produced (ounces) | 47,549 | 44,908 | 43,705 | 47,493 | 51,477 | 187,583 |
Gold sold (ounces) | 47,390 | 45,288 | 43,366 | 48,059 | 50,409 | 187,122 |
Chart 3: Marmato Upper Mine – Quarterly Production Data
Operating Information | Q1 2025 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 |
Tonnes processed (kt) | 74 | 62 | 61 | 70 | 60 | 254 |
Average gold grade processed (g/t) | 3.32 | 3.27 | 3.18 | 3.06 | 3.61 | 3.28 |
Recoveries (%) | 91.7 % | 90.2 % | 89.2 % | 89.4 % | 90.7 % | 89.9 % |
Gold produced (ounces) | 7,214 | 5,859 | 5,511 | 6,115 | 5,887 | 23,372 |
Gold sold (ounces) | 6,891 | 5,756 | 6,103 | 5,710 | 5,925 | 23,494 |
*The Q1 2025 results provided in this news release are approximate and may differ from the final results to be included in the Company’s 2025 interim financial statements and MD&A, which the Company expects to release in early May 2025. |
About Aris Mining
Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry.
Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold following the ramp-up of the Segovia mill expansion, expected during the second half of 2025, and the new Marmato Lower Mine, which is expected to start ramping up production in the second half of 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where studies are underway on a new, smaller scale development plan, with results expected in mid-2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, further diversifying its asset portfolio.
Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country’s dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry.
Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification.
Chart 1: Q1 2025 Gold Production (oz) Year-over-Year (CNW Group/Aris Mining Corporation)
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