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Aris Mining Corporation (TSX: ARIS) (OTCQX: TPRFF) has filed a National Instrument 43-101 compliant technical report supporting the updated mineral resource estimate for the Toroparu Project in Guyana. This report, effective February 10, 2023, aligns with the disclosures made on March 14, 2023. The comprehensive details can be reviewed on SEDAR and the company’s website. Aris Mining is focused on creating value through its gold and copper projects while promoting responsible mining practices, and it has significant operations in Colombia as well, having produced 235,000 ounces of gold in 2022.
Aris Mining Corporation (TSX: ARIS; OTCQX: TPRFF) announced its financial results for Q4 2022 and FY2022, reporting $51 million in free cash flow. The company produced 215,373 ounces of gold and sold 220,098 ounces at an average price of $1,784 per ounce. Total income from mining operations was $160 million with a net income of $0.6 million. Notably, Aris Mining plans to produce between 230,000 and 270,000 ounces of gold in 2023 at an AISC of $1,050 to $1,150 per ounce. Key projects include the Marmato Lower Mine expansion and the Soto Norte project. The company ended 2022 with $299.5 million in cash and cash equivalents.
Aris Mining Corporation (OTCQX: TPRFF) announced updated mineral resource and reserve estimates for its Segovia Operations in Colombia, effective December 31, 2022. Key highlights include:
- Proven and probable mineral reserves increased to 755.2 thousand ounces of gold from 744.7 koz in 2021.
- Measured and indicated mineral resources stand at 1.7 million ounces, while inferred resources amount to 1.6 million ounces.
- The company plans an exploration drilling program of 84,500 metres for 2023 to enhance reserves and extend mine life.
CEO Neil Woodyer emphasized Segovia's long-standing high-grade gold production and its positive growth trajectory.