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Stock impact report

ARIS MINING REPORTS Q3 2024 GOLD PRODUCTION, UPDATES SEGOVIA RESERVE AND RESOURCE ESTIMATES AND EXPANSION MILESTONES [Yahoo! Finance]

Aris Mining Corporation Common Shares (ARMN) 
Company Research Source: Yahoo! Finance
the Company) (TSX: ARIS) (NYSE-A: ARMN) announces gold production results of 53,608 ounces (oz) for Q3 2024, with 47,493 oz from Segovia and 6,115 oz from the Marmato Upper Mine. This represents a 9% increase over total gold production in Q2 2024. Additionally, the Company has made significant progress on expansion projects at Segovia and has updated mineral resource and mineral reserve estimates with an effective date of July 31 , 2024. At the Marmato Lower Mine, construction is advancing on schedule and has crossed the 25% spend threshold. Neil Woodyer , CEO of Aris Mining, commented "We are pleased to share the continued progress of our Segovia and Marmato expansion projects, which position Aris Mining to achieve an annual gold production rate of approximately 500,000 oz in the second half of 2026. The first phase of the Segovia Expansion, which includes an expanded receiving area for mill feed from our mining partners, has been successfully commissioned. Phase 2 of the Segovia E Show less Read more
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