
Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) reports gold production of 113,415 ounces for the first half of 2025, a 13% increase over H1 2024. With the successful commissioning of the expanded Segovia mill in June 2025 and its ramp-up to 3,000 tonnes per day now underway, the Company remains on track to deliver its full-year production guidance of 230,000 to 275,000 oz. Gold production for 2025 is expected to be weighted to the second half of the year, reflecting increased milling capacity at Segovia.
Highlights:
Neil Woodyer, CEO of Aris Mining, commented “The commissioning of our second mill at Segovia marked a major milestone in our growth strategy. I’m particularly pleased that our team delivered the Segovia mill expansion on time and within budget while also maintaining strong operational performance. With increased production capacity, a strong gold price environment, and operational momentum, we are well positioned to deliver a successful 2025.”
Table 1: Consolidated Group
Gold production & sales | Q2 2025* | Q1 2025 | Q2 2025 vs Q1 2025 |
H1 2025 | H1 2024 | H1 2025 vs H1 2024 |
Segovia Operations | 51,527 | 47,549 | +8 % | 99,076 | 88,613 | +12 % |
Marmato Narrow Vein Zone | 7,125 | 7,214 | -1 % | 14,339 | 11,370 | +26 % |
Total production (ounces) | 58,652 | 54,763 | +7 % | 113,415 | 99,983 | +13 % |
Total sales (ounces) | 61,024 | 54,281 | +12 % | 115,305 | 100,513 | +15 % |
Table 2: Segovia Operations – Quarterly Production Data
Operating Information | Q2 2025* | Q1 2025 | H1 2025 |
Tonnes processed (kt) | 168 | 167 | 335 |
Tonnes per day (tpd) | 1,976 | 1,966 | 1,971 |
Average gold grade processed (g/t) | 9.85 | 9.37 | 9.61 |
Recoveries (%) | 96.1 % | 96.1 % | 96.1 % |
Gold produced (ounces) | 51,527 | 47,549 | 99,076 |
Gold sold (ounces) | 53,751 | 47,390 | 101,141 |
Table 3: Marmato Narrow Vein Zone – Quarterly Production Data
Operating Information | Q2 2025* | Q1 2025 | H1 2025 |
Tonnes processed (kt) | 73 | 74 | 147 |
Average gold grade processed (g/t) | 3.35 | 3.32 | 3.33 |
Recoveries (%) | 90.2 % | 91.7 % | 90.9 % |
Gold produced (ounces) | 7,125 | 7,214 | 14,339 |
Gold sold (ounces) | 7,273 | 6,891 | 14,164 |
*Preliminary Q2 2025 results, subject to reconciliation to the final results in the Company’s 2025 interim financial statements and MD&A in early August 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 Complex, which together produced 210,955 ounces of gold in 2024. Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold, following the Segovia mill expansion, completed in June and ramping up during H2 2025, and the construction of the Bulk Mining Zone at the Marmato Complex, expected to start ramping up production in H2 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 Q3 2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) has been commissioned and its results are also expected in Q3 2025.
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.
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