Aris Mining Corp. announces an updated mineral resource estimate for the Toroparu Project in Guyana, effective February 10, 2023 . Aris Mining will file an updated technical report in support of the 2023 MRE within 45 days of this news release. Neil Woodyer, CEO of Aris Mining, commented: "Following completion of the GCM Mining and Aris Gold merger in September 2022, Aris Mining started a re-evaluation process for the [...]
Aris Mining Corp. , formerly GCM Mining Corporation , announces financial and operating results for the three and twelve months ended December 31, 2022 . All amounts are in US dollars unless otherwise indicated. Aris Mining CEO Neil Woodyer stated: "Aris Mining combines free cash flow generation from current operations with attractive large-scale development projects with long mine lives and growth potential from [...]
Aris Mining Corporation announces updated mineral resource and reserve estimates for the Segovia Operations in Colombia, effective December 31, 2022. The 2022 MRE includes full replacement of gold ounces mined during 2022. Highlights of the Segovia Operations 2022 MRE include: Proven and probable mineral reserves of 755.2 thousand ounces of gold from 2.4 million tonnes at 9.95 grams per tonne Au. This compares to 744.7 [...]
Aris Mining reports 2022 gold production of 235,379 ounces from its two operations in Colombia, the Segovia Operations and the Marmato Upper Mine. The Q4 2022 results provided in this news release are approximate figures and may differ from the final results included in the 2022 annual audited statements and MD&A, which the Company expects to release in mid-March 2023. Aris Mining CEO Neil Woodyer commented: "Our Segovia [...]
Aris Mining Corporation announces it has filed an updated Preliminary Feasibility Study technical report for its Marmato expansion project pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects . The Technical Report has an effective date of June 30, 2022, and supports the disclosure made by the Company in its November 14, 2022 news release. The Technical Report is available on Aris Mining's [...]
Aris Mining announces financial and operating results for the three and nine months ended Sept 30, 2022. All amounts are in US dollars unless otherwise indicated. Q3 2022 Highlights: Cash and cash equivalents of $326 million and access to $260 million of future project construction funding, as of September 30, 2022 Gold sales of 53,411 ounces in Q3 2022 at AISC1 per ounce sold of $1,115, with gold sales up 6% over the [...]
Aris Mining announces updated mineral resource and reserve estimates and a Preliminary Feasibility Study for the Marmato expansion project, effective June 30, 2022, which includes significant growth and refinement over the PFS completed in March 2020. Neil Woodyer, CEO of Aris Mining, commented: "We are very pleased with the results of the 2022 PFS which includes an updated Marmato Lower Mine construction capital estimate [...]
Aris Mining announces that, effective October 1, 2022, Mónica de Greiff was appointed as an independent member of the Board of Directors, and as Chair of the Sustainability Committee of the Board. Mónica de Greiff was a member of the GCM Mining board of directors from 2018 to 2020, when she left to accept the position of Colombian Ambassador to Kenya. She has held positions in both the public and private sectors [...]
GCM Mining Corp. and Aris Gold Corp. have completed the business combination previously announced on July 25, 2022. The combined entity has been renamed Aris Mining Corporation and operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also owns two advanced development projects, the Marmato Lower Mine expansion and [...]
GCM Mining Corp. announced today that its shareholders have voted in favour of the previously announced plan of arrangement with Aris Gold Corporation at today's special meeting of shareholders . At the Meeting, 30,452,708 shares were voted, representing approximately 31.19% of the issued and outstanding shares of GCM Mining, as detailed in the table below. Votes FOR Votes AGAINST # % # % 29,577,593 97.13% 875,115 2.87 [...]
GCM Mining Corp. announced today that its Segovia Operations produced 18,852 ounces of gold in August 2022, up from 17,377 ounces of gold in August last year. This brings the total gold production for the first eight months of 2022 to 139,952 ounces, up from 133,891 ounces in the first eight months last year. Segovia's trailing 12-months' total gold production at the end of August 2022 was 212,450 ounces, up about 3% over [...]
GCM Mining Corp. announced today that the Company has received positive recommendations from both Institutional Shareholder Services and Glass Lewis & Co., LLC in support of the proposed plan of arrangement of GCM Mining and Aris Gold Corporation announced on July 25, 2022. ISS and Glass Lewis are leading independent, third-party proxy advisory firms who provide proxy voting recommendations to pension funds, investment [...]