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Aris Mining ( (TSE:ARIS) ) has shared an announcement.
Aris Mining Corporation reported achieving its 2024 gold production guidance with a total output of 210,955 ounces, primarily from its Segovia and Marmato operations. Looking ahead, the company anticipates increased production in 2025 due to expansion projects, aiming for an output between 230,000 and 275,000 ounces. With a cash reserve of US$253 million, Aris Mining is well-positioned to fund these projects and expects significant growth in production capacity and strategic advancements in key projects.
More about Aris Mining
Aris Mining Corporation is an established company in the gold mining industry, primarily operating in Colombia. The company focuses on gold production with significant operations at Segovia and the Marmato Upper Mine.
YTD Price Performance: 2.47%
Average Trading Volume: 386,079
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$921.2M
See more insights into ARIS stock on TipRanks’ Stock Analysis page.
