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Stock impact report

ARIS MINING REPORTS Q3 2024 RESULTS WITH HIGHER GOLD PRODUCTION, INCREASED MARGIN GENERATION AT SEGOVIA AND PRO FORMA $266 MILLION CASH BALANCE [Globe and Mail, The (Toronto, Canada)]

Aris Mining Corporation Common Shares (ARMN) 
VANCOUVER, BC Nov. 12, 2024 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces its full financial and operating results for the three and nine months ended September 30, 2024 (Q3 2024 and YTD 2024, respectively). Q3 2024 Q2 2024 YTD 2024 Gold production (ounces) (Segovia & Marmato) Segovia All-in Sustaining Cost per Ounce Sold (AISC/oz) EBITDA[1] $27.8M $30.8M $80.9M Adjusted EBITDA $43.0M $36.1M $107.5M Net earnings (loss) $(2.2)M or ($0.01)/share $5.7M or $0.04/share $2.7M or $0.02/share Adjusted earnings $12.9M or $0.08/share $12.7M or $0.08/share $31.0M or $0.20/share Neil Woodyer , CEO of Aris Mining, commented: "In the third quarter of this year we achieved a 9% increase in total gold production over the prior quarter and demonstrated effective cost management at Segovia, as illustrated in Figure 1, with an AISC of per ounce sold. The combination of higher gold prices, increased productio Show less Read more
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