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Aris Mining Corporation - $ARMN STOCK NEWS

Welcome to our dedicated page for Aris Mining Corporation news (Ticker: $ARMN), a resource for investors and traders seeking the latest updates and insights on Aris Mining Corporation stock.

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Rhea-AI Summary
Aris Mining reports Q1 2024 operating results, with 50,768 ounces of gold produced. The company is on track to meet its full-year 2024 production guidance of 220,000 to 240,000 ounces. Expansion projects at Segovia and Marmato mines are progressing well, aiming for 500,000 ounces of production in 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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Rhea-AI Summary
Aris Mining appoints Richard Orazietti as CFO and Oliver Dachsel as Senior VP, Capital Markets. The CEO, Neil Woodyer, welcomes them as key additions to the management team, focusing on enhancing the company's financial planning and business development strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
management
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Rhea-AI Summary
Aris Mining Corporation reports strong financial and operating results for Q4 2023 and FY 2023, showcasing increased gold production, EBITDA, and adjusted earnings. The company's CEO highlights operational improvements and growth initiatives, including capacity expansion at Segovia Operations and progress at Marmato Lower Mine project. Aris Mining generated significant free cash flow and ended the year with a healthy cash position, setting the stage for future growth and production milestones.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
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Rhea-AI Summary
Aris Mining Corporation (ARMN) to release full-year 2023 financial results on March 6, 2024, followed by a conference call on March 7, 2024. Investors can join the call via webcast or telephone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
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Rhea-AI Summary
Aris Mining Corporation appoints Gonzalo Hernández Jiménez and Germán Arce Zapata as independent directors following the passing of Mr. Hernan Martinez. The new directors bring valuable expertise in the Colombian business and political landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
management
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Rhea-AI Summary
Aris Mining Corporation reported 2023 gold production of 226,151 ounces, meeting its guidance range of 220,000 to 240,000 ounces. The company expects to produce between 220,000 and 240,000 ounces of gold in 2024, with expansion projects in progress. Segovia Operations achieved all-in-sustaining cost per ounce (AISC/oz) sold of $1,139 for the nine months ended September 30, 2023. Aris Mining received permits to start construction of the Marmato Lower Mine in July 2023, and commenced trading on the NYSE-American as 'ARMN' in September 2023. The company plans to invest $21 million in exploration programs in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.87%
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none
Rhea-AI Summary
Aris Mining Corporation (Aris Mining) (TSX: ARIS) (NYSE-A: ARMN) has filed a National Instrument 43-101 compliant technical report for the Segovia Operations in Colombia, supporting updated mineral resource and reserve estimates. The report is available for review on SEDAR, the Company's website, and the U.S. Securities and Exchange Commission's filings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.15%
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none
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Rhea-AI Summary
Aris Mining Corporation (Aris Mining) (TSX: ARIS) (NYSE-A: ARMN) announces updated mineral reserve estimates for its Segovia Operations in Colombia effective September 30, 2023. The high-grade mineral reserves at the Segovia Operations have increased by 75% to 1.3 million ounces of gold at 11.63 grams per tonne, extending the reserve-only mine life to nearly seven years. The company is increasing the capacity of the Maria Dama processing plant within the Segovia Operations from 2,000 to 3,000 tonnes per day, with an expected completion by early 2025 at an estimated cost of $11.0 million. This increase in mineral resource and reserve estimates will also lead to a potential gradual increase in annual gold production from 200,000 to 300,000 ounces.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
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Rhea-AI Summary
Aris Mining Corporation announces updated mineral resource estimates for its Segovia Operations in Colombia. The 2023 MRE shows a significant increase in gold resources compared to previous estimates. The measured and indicated resources have increased by 36% and 28% respectively. The mineral resource estimate used a gold price of $1,850 per ounce and a cut-off grade of between 2.80 g/t and 3.12 g/t. The company plans to complete the updated mineral reserve estimates by the end of November.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.41%
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none
Rhea-AI Summary
Aris Mining releases its annual sustainability report
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
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Aris Mining Corporation

NYSE:ARMN

ARMN Rankings

ARMN Stock Data

578.33M
117.28M
5.81%
35.19%
0.33%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto