ARIS MINING, COLOMBIA'S MINISTRY OF ENERGY AND MINES, AND COMMUNITY PARTNERS LAUNCH FORMALIZATION STRATEGY FOR ACTIVE ASM AREAS NEAR MARMATO
Rhea-AI Summary
Aris Mining (TSX: ARIS, NYSE-A: ARMN) has signed a significant Memorandum of Understanding (MOU) with Colombia's Ministry of Mines and Energy to formalize artisanal and small-scale miners (ASMs) near its Marmato operations.
The MOU focuses on the Cerro El Burro area, located above the Marmato Narrow Vein Zone, and aims to enhance safety, environmental outcomes, and local livelihoods. Key initiatives include developing regulatory frameworks, providing technical support to ASM units, promoting environmental stewardship, and expanding social investment opportunities.
Importantly, the agreement does not impact Aris Mining's core operations, including its Narrow Vein Zone (Upper Mine) and the developing Bulk Mining Zone (Lower Mine). The company will offer technical expertise and milling capacity from its existing flotation plant to support formalized ASM operations.
Positive
- Strategic partnership with Colombian government demonstrates strong institutional support
- Potential gold production growth opportunity in the Cerro El Burro area
- Agreement enhances operational stability and community relations
- Core mining operations remain 100% owner-operated and unaffected by the initiative
Negative
- Implementation of formalization process may require significant time and resources
- Coordination with multiple ASM units could present operational challenges
News Market Reaction – ARMN
In the trading session that priced this news, ARMN declined 0.14%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Spanish version attached
Neil Woodyer, CEO, commented "This MOU demonstrates that a successful gold mining business in
We are proud to stand alongside representatives from the Ministry of Mines and Energy, the National Mining Agency (ANM), the Governor of Caldas, the Mayor of Marmato, CORPOCALDAS (the regional environmental authority), and other key community stakeholders at the official signing ceremony and celebration."
The Cerro El Burro area, located above the Marmato Narrow Vein Zone (Upper Mine) and home to highly active ASM gold mining activities since the 16th century, represents a meaningful gold production growth opportunity for Aris Mining. Formalization delivers long-term benefits to all stakeholders—enhancing safety, environmental outcomes, and livelihoods—while strengthening operational stability as the Company grows gold production at Marmato.
Under the MOU, Aris Mining and the Government will work together to:
- develop the regulatory framework and streamline permitting processes needed to accelerate the ASM units' legal operations within Aris Mining's title areas;
- provide technical support and training to ASM units to help them meet formal mining standards;
- promote environmental stewardship and safe mining methods; and
- expand opportunities for social investment and shared value creation in local communities.
Importantly, the areas covered by this MOU are entirely separate from the titles where Aris Mining operates its Narrow Vein Zone (Upper Mine) and is developing the Bulk Mining Zone (Lower Mine) at the Marmato Complex. The Bulk Mining Zone and its dedicated 5,000 tonnes per day carbon-in-pulp (CIP) plant will remain a
This MOU forms part of the broader government "Special Mining District for Peace and Life" initiative, which prioritizes Marmato for socio-environmental planning and sustainable mining initiatives. The agreement establishes a collaborative framework to facilitate the transition of ASM groups into the formal economy through use of legal mining and processing operations. It also highlights the Colombian Government's commitment to work directly with established operators such as Aris Mining.
About Aris Mining
Founded in September 2022, Aris Mining was established with a vision to build a leading
Aris Mining operates two underground gold mines in
Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification.
Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov.
Forward-Looking Information
This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the benefits to be derived from the formalization of ASM units, the commitments of the various parties under the MOU and statements included in the "About Aris Mining" section of this news release relating to the Segovia Operations, Marmato Complex, Soto Norte Project and Toroparu Project are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release.
Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 12, 2025 which is available on SEDAR+ at www.sedarplus.ca and in the Company's filings with the SEC at www.sec.gov.
Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
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SOURCE Aris Mining Corporation