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ARIS MINING CONFIRMS INCIDENT AT AN EXTERNAL MINE PARTNER OPERATION AT SEGOVIA

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Aris Mining (NYSE-A: ARMN) reported a mine shaft collapse incident at La Reliquia Mine, a third-party operation within their Segovia title in Colombia. The incident occurred on September 22, 2025, with 23 workers trapped underground, including 5 Aris Mining employees.

All workers are reported in good health with maintained communication, and are receiving food, water, and ventilation. Rescue operations are progressing well through coordinated efforts between Aris Mining's Brigade and La Reliquia's workforce, with workers expected to reach the surface within 24 hours.

La Reliquia Mine, a partner since 2014 with approximately 60 employees, contributes a small portion to Segovia Operations' overall gold production.

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Positive

  • All trapped workers are in good health with maintained communication
  • Rescue operations are well-coordinated and progressing
  • Essential supplies (food, water, ventilation) are being delivered safely

Negative

  • Mine shaft collapse affecting 23 workers, including 5 Aris Mining employees
  • Temporary disruption to operations at La Reliquia Mine
  • Potential safety concerns at partner operations

News Market Reaction 40 Alerts

-5.71% News Effect
-$117M Valuation Impact
$1.92B Market Cap
0.8x Rel. Volume

On the day this news was published, ARMN declined 5.71%, reflecting a notable negative market reaction. Our momentum scanner triggered 40 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $117M from the company's valuation, bringing the market cap to $1.92B at that time.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, Sept. 23, 2025 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) confirms an incident that occurred on September 22 at the La Reliquia Mine, a formalized third-party operation located within Aris Mining's Segovia title, but outside of Aris Mining's infrastructure.

A collapse occurred in La Reliquia's main shaft access, with 23 workers underground at the time, including five Aris Mining employees carrying out monthly review functions. All workers are in good health, regular telephone communication has been maintained, and food, water, and ventilation are being delivered safely while rescue work progresses.

Rescue operations are well advanced and being carried out through the coordinated efforts of Aris Mining's Brigade of Prevention and Emergency Control and La Reliquia's workforce. Aris Mining's technical staff and contractors are supporting rescue efforts. The families of our employees have been informed directly and are being kept up to date throughout the process. Based on current progress, we expect the workers to be brought safely to surface within the next 24 hours.

The La Reliquia Mine has been a partner of the Segovia Operations since 2014 with about 60 employees and provides a small portion of mill feed that supports overall gold production.

Neil Woodyer, CEO, commented "The safety of our people is always our highest priority. We commend the Aris Mining rescue team for their professionalism and swift, precise response. We will provide updates as the situation is fully resolved."

About Aris Mining

Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining intends to unlock value through scale and diversification. The Company is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry.

Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Complex, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold, following the commissioning of the second mill at Segovia, completed in June and ramping up during H2 2025, and the construction of the Bulk Mining Zone at the Marmato Complex, expected to start ramping up production in H2 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where a PFS study is complete on a new, smaller scale development plan which confirms Soto Norte as a high-quality, long-life project with robust economics and industry-leading environmental and social design features. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) is underway.

Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry.

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 related to the timeline of rescue 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 included as part of the Company's Annual report on Form 40-F, filed 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aris-mining-confirms-incident-at-an-external-mine-partner-operation-at-segovia-302564798.html

SOURCE Aris Mining Corporation

FAQ

What happened at Aris Mining's Segovia operations on September 22, 2025?

A collapse occurred in the main shaft access of La Reliquia Mine, a third-party operation within Aris Mining's Segovia title, trapping 23 workers underground, including 5 Aris Mining employees.

How many Aris Mining (ARMN) employees were affected by the La Reliquia Mine incident?

5 Aris Mining employees were affected, who were performing monthly review functions at the time of the incident.

What is the current status of the trapped miners at La Reliquia Mine?

All workers are in good health with regular telephone communication maintained. They are receiving food, water, and ventilation while rescue work progresses.

When are the trapped workers expected to be rescued from La Reliquia Mine?

Based on the rescue progress reported, workers are expected to be brought safely to the surface within 24 hours of the announcement.

What is La Reliquia Mine's relationship with Aris Mining's Segovia Operations?

La Reliquia Mine has been a partner of the Segovia Operations since 2014, employing about 60 people and providing a small portion of mill feed for overall gold production.
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