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Aris Mining (NYSE: ARMN) lifts 2025 gold production 22% and guides higher for 2026

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6-K

Rhea-AI Filing Summary

Aris Mining reported 2025 gold production of 256,503 ounces, up 22% from 210,995 ounces in 2024, driven mainly by the expanded Segovia mill and strong performance at Marmato. Fourth quarter 2025 output was 69,852 ounces, with Segovia contributing 63,137 ounces and Marmato 6,715 ounces, and total 2025 gold sales reaching 260,023 ounces.

For 2026, the company guides consolidated production to 300,000–350,000 ounces, including 265,000–300,000 ounces from Segovia and 35,000–50,000 ounces from Marmato. Segovia’s 2026 cash costs are forecast at $1,150–$1,250 per ounce and all-in sustaining costs at $1,700–$1,800 per ounce, based on a gold price of $4,400 per ounce and a 3,800 Colombian peso exchange rate.

The company highlights growth projects at Segovia and Marmato targeting a 500,000-ounce annual production rate and a longer-term goal of approximately 1.0 million ounces per year, which depends on advancing the Toroparu and Soto Norte projects, completing technical studies, obtaining permits and realizing preliminary economic assessments that currently include inferred resources without demonstrated economic viability.

Positive

  • 2025 gold production rose 22% year over year to 256,503 ounces from 210,995 ounces in 2024, indicating strong operational growth.
  • 2026 guidance targets higher output of 300,000–350,000 ounces, above 2025 production, suggesting continued volume growth if achieved.

Negative

  • None.

Insights

Production rose 22% in 2025 and 2026 guidance signals further growth.

Aris Mining delivered 2025 gold production of 256,503 ounces, a 22% increase from 210,995 ounces in 2024, driven by the expanded Segovia mill and steady Marmato output. Q4 2025 production of 69,852 ounces shows the assets operating at a higher run-rate than early in the year, supported by strong recoveries around 96.1% at Segovia and 90.6% at Marmato.

For 2026, the company guides consolidated production to 300,000–350,000 ounces, with Segovia at 265,000–300,000 ounces and Marmato at 35,000–50,000 ounces. Segovia’s cash cost guidance of $1,150–$1,250 per ounce and AISC of $1,700–$1,800 per ounce are based on a gold price of $4,400 per ounce and a 3,800 exchange rate, framing expected unit economics under those assumptions.

The narrative also outlines a path toward a 500,000-ounce annual rate from expansions at Segovia and Marmato and a longer-term target of about 1.0 million ounces per year including Toroparu and Soto Norte. These larger growth figures rely on preliminary economic assessments, inferred resources and future permitting, so actual outcomes depend on successful studies, regulatory approvals and project execution over time.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number: 001-41794

Aris Mining Corporation
(Translation of registrant's name into English)

Suite 2400 - 1021 West Hastings St., Vancouver, BC, Canada V6E 0C3

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.


Form 20-F [   ]      Form 40-F [ X ]

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  ARIS MINING CORPORATION
   
Date: January 21, 2026 By: (s) Ashley Baker
    Ashley Baker
    General Counsel and Corporate Secretary

 

EXHIBIT INDEX 

Exhibit Number   Description
     
99.1   Press Release dated January 21, 2026

 

 

Exhibit 99.1

 

ARIS MINING DELIVERS STRONG 2025 GOLD PRODUCTION ABOVE GUIDANCE
MID-POINT AND OUTLINES ACCELERATING GROWTH INTO 2026

2026 production expected to rise to 300,000–350,000 ounces, driven by
Segovia ramp-up and Marmato expansion

Vancouver, Canada, January 21, 2026 – Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE-A: ARMN) reports gold production of 256,503 ounces (oz) for the full year ended December 31, 2025, representing a 22% increase over 2024 production of 210,995 oz, driven by the expanded Segovia mill and above-guidance performance at Marmato. Fourth quarter production of 69,852 oz capped off a year of strong operational execution.

2025 Gold Production Highlights:

·2025 production of 256,503 oz, exceeding the guidance midpoint (230,000-275,000 oz).
·H2 2025 production of 143,088 oz, up 26% over H1 2025, reflecting the installation of Segovia’s second ball mill in June 2025.
·Cash balance of over US$390 million1 at December 31, 2025, net of the US$60 million cash used for the Q4 2025 acquisition of the remaining 49% interest in Soto Norte.

Neil Woodyer, CEO of Aris Mining, commented “2025 was a pivotal year for Aris Mining. The successful expansion and on-going ramp-up at Segovia drove 26% production growth in the second half of the year, while Marmato delivered steady, above-guidance results as underground development progressed and construction of the new CIP plant and related infrastructure advanced on schedule. Q4 2025 production at Segovia was modestly lower than Q3 due to unscheduled maintenance in November, and normal operations resumed in December. We exited 2025 with strong momentum and a clear growth pipeline as we build a diversified, multi-asset gold producer with the potential to reach one million ounces of annual production, including Toroparu and Soto Norte2.

Looking ahead to 2026, we expect consolidated production of 300,000 to 350,000 oz, supported by continued ramp-up at Segovia and increasing production from Marmato from Q4 2026 onwards, where active mining in the wider porphyry areas is already underway, materially de-risking the project.”

Table 1: Consolidated Group in 2025

Gold Production & Sales Q4 20253 Q3 2025 Q2 2025 Q1 2025 2025
Segovia (ounces) 63,137 65,549 51,527 47,549 227,762
Marmato (ounces) 6,715 7,687 7,125 7,214 28,741
Total production (ounces) 69,852 73,236 58,652 54,763 256,503
Total sales (ounces) 71,717 73,001 61,024 54,281 260,023

 

 

1 Preliminary, unaudited cash balance as of December 31, 2025.

2 Includes potential production estimates from Toroparu, which is based on a preliminary economic assessment and is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. There can be no assurance that the projected production will be achieved. Such production also remains subject to obtaining all necessary permits for both Soto Norte and Toroparu

3 Preliminary, unaudited Q4 2025 production and sales numbers.

 

  - 1 - 

 

 

Table 2: Segovia – Quarterly Production Data

Operating Information Q4 20253 Q3 2025 Q2 2025 Q1 2025 2025
Tonnes processed (kt) 201 220 168 167 756
Tonnes per day (tpd) 2,338 2,553 1,976 1,966 2,210
Average gold grade processed (g/t) 10.10 9.87 9.85 9.37 9.82
Recoveries (%) 96.1% 96.1% 96.1% 96.1% 96.1%
Gold produced (ounces) 63,137 65,549 51,527 47,549 227,762
Gold sold (ounces) 64,456 65,580 53,751 47,390 231,177

Table 3: Marmato – Quarterly Production Data

Operating Information Q4 20253 Q3 2025 Q2 2025 Q1 2025 2025
Tonnes processed (kt) 75 75 73 74 297
Average gold grade processed (g/t) 3.12 3.56 3.35 3.32 3.34
Recoveries (%) 90.8% 89.8% 90.2% 91.7% 90.6%
Gold produced (ounces) 6,715 7,687 7,125 7,214 28,741
Gold sold (ounces) 7,261 7,421 7,273 6,891 28,846

 

2026 Gold Production and Cost Guidance:

Consolidated Production

·Aris Mining expects consolidated gold production in 2026 to range between 300,000 and 350,000 oz, with production weighted toward the second half of the year, reflecting higher production at Segovia and the start of production from the new Marmato carbon in pulp (CIP) plant.

Segovia

·At Segovia, gold production is expected to increase to between 265,000 and 300,000 ounces, up from the 227,762 ounces produced in 2025 and supported by higher output from both owner-operated mining and contract mining partner (CMP) sourced material.

Marmato

·At Marmato, gold production is expected to increase to between 35,000 and 50,000 ounces, up from the 28,741 ounces produced in 2025 and reflecting a back-end-weighted production profile driven by the commissioning of the CIP plant, with first gold from the CIP plant expected in Q4 2026.
·Approximately 5,000 ounces are expected to be contributed by CMPs operating in the Narrow Vein Zone. The balance of production will be generated by owner mining, primarily from ore development and stopes in the Bulk Mining Zone initiated in 2025 through existing decline access to the Bulk Mining Zone, materially reducing execution risk. The remaining work is focused on completion and commissioning of the new CIP plant.

 

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·During most of 2026, owner mining rates are expected to average approximately 900 tpd, reflecting the throughput capacity of the existing flotation plant.
·Development of the new underground decline to the Bulk Mining Zone is currently 45% complete (770 metres advanced) and is scheduled for completion in Q3 2026 ahead of CIP plant commissioning. The new decline will significantly improve access and haulage efficiency, enabling substantially higher mining rates and lower costs as processing capacity expands. An underground crosscut connecting to the new decline is expected to be complete in Q2 2026 providing additional access to the Bulk Mining Zone and positioning the mine for a smooth production profile increase.
·The new CIP plant is expected to be commissioned in Q4 2026 and will initially process all mined material. Aris Mining plans to exit 2026 operating the 5,000 tpd design capacity CIP plant at approximately 3,000 tpd. Production is expected to increase through 2027, with throughput increasing to approximately 4,000 tpd by mid-2027 and reaching the full 5,000 tpd design capacity by the end of 2027 when the paste backfill plant is fully commissioned.
·The Company expects to resume providing cash cost and AISC guidance for Marmato once the CIP plant reaches commercial production.

Table 4: 2026 Production and Cost Guidance4

Operation Segovia Marmato Consolidated
Gold production (koz) 265 - 300 35 - 50 300 - 350
Cash cost5 (US$/oz) – Owner mining6 $1,150 to $1,250 To be provided
following CIP plant commercial
production
 
AISC5 (US$/oz) – Owner mining6 $1,700 to $1,800  
AISC sales margin – CMPs7 35% - 40%    

 

 

 

 

 

 

4 2026 cash cost and All in sustaining cost (AISC) forecasts are based on a gold price of US$4,400/oz and USD to Colombian peso exchange rate of 3,800.

5 AISC and cash cost are non-IFRS financial measures and do not have any standardized meaning prescribed under IFRS. Therefore, they may not be comparable to similar measures reported by other issuers. Please refer to the Non-IFRS Measures section of the Company's most recently filed MD&A for the three and nine months ended September 30, 2025, available on SEDAR+ at www.sedarplus.ca and in its filings with the U.S. Securities and Exchange Commission at www.sec.gov for full details and reconciliations. The Non-IFRS Measures section of the MD&A is incorporated by reference into this news release.

6 Cash cost and AISC guidance applies to Segovia owner-mined ounces only.

7 CMPs refers to contract mining partners operating under a mined material purchase agreement at Segovia and Marmato.

 

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About Aris Mining

Founded in September 2022, Aris Mining was established with a vision to build a leading South America-focused gold mining company. The Company’s strategy combines current production and cashflow generation with transformational growth driven by expansions of its operating assets, exploration, and development projects. Aris Mining intends to unlock value through scale, diversification and execution. The Company is listed on the TSX (ARIS) and the NYSE-American (ARMN) and is led by an experienced team with a strong 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: Segovia and Marmato, which together produced 256,503 ounces of gold in 2025. With expansions underway, the Company is targeting an annual production rate of 500,000 ounces of gold, driven by the commissioning of a second mill at Segovia, completed in June 2025 and ramping up since, and the construction of the CIP plant at Marmato, with first gold expected in Q4 2026.

Beyond its operating assets, Aris Mining has a development pipeline that supports its longer-term growth outlook to achieve annual production of approximately 1.0 million ounces of gold8. In Guyana, Aris Mining owns the Toroparu gold project, where a Preliminary Economic Assessment was completed in October 2025 and a Prefeasibility Study is in progress, positioning the project to advance toward construction. In Colombia, Aris Mining also owns the high-grade Soto Norte gold project, where a Prefeasibility Study was completed in September 2025 that balances scale and strong economics with industry leading environmental and social design features. Environmental studies are being finalized and on schedule for submission in Q2 2026 to initiate the Soto Norte licensing process.

Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov.

Aris Mining Contact

Oliver Dachsel

Lillian Chow

Senior Vice President, Capital Markets

Director, Investor Relations & Communications

+1.917.847.0063 info@aris-mining.com

 

Cautionary Language

Qualified Person

Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by NI 43-101, and has reviewed and approved the technical information contained in this news release.

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 expected gold production and final cash holdings for Q4 2025, Q4 2025 production data for Segovia and Marmato, 2026 guidance, timing and operations related to the new CIP plant, the timing for resuming guidance for Marmato, 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.

 

 

8 Includes potential production estimates from Toroparu, which is based on a preliminary economic assessment and is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. There can be no assurance that the projected production will be achieved. Such production also remains subject to obtaining all necessary permits for both Soto Norte and Toroparu.

  - 4 - 

 

 

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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FAQ

How much gold did Aris Mining (ARMN) produce in 2025?

Aris Mining produced 256,503 ounces of gold in 2025, up from 210,995 ounces in 2024, with Segovia contributing 227,762 ounces and Marmato 28,741 ounces.

What is Aris Minings 2026 gold production guidance?

For 2026, Aris Mining forecasts consolidated gold production of 300,000350,000 ounces, including 265,000300,000 ounces from Segovia and 35,00050,000 ounces from Marmato.

What cost guidance did Aris Mining provide for 2026?

For Segovia owner-mined ounces in 2026, Aris Mining guides cash costs of $1,150,250 per ounce and all-in sustaining costs of $1,700,800 per ounce, based on a gold price of $4,400 per ounce and a 3,800 exchange rate.

How did Segovia and Marmato perform operationally in 2025 for Aris Mining?

In 2025, Segovia processed 756 kt at an average grade of 9.82 g/t with 96.1% recoveries, producing 227,762 ounces. Marmato processed 297 kt at 3.34 g/t with 90.6% recoveries, producing 28,741 ounces.

What long-term production targets does Aris Mining (ARMN) discuss?

Aris Mining outlines a target of 500,000 ounces of annual gold production from expansions at Segovia and Marmato, and a longer-term goal of approximately 1.0 million ounces per year including the Toroparu and Soto Norte projects, which remain subject to studies and permitting.

Which development projects support Aris Minings future growth?

Future growth is supported by the Toroparu gold project in Guyana, where a Preliminary Economic Assessment was completed in October 2025, and the Soto Norte project in Colombia, with a Prefeasibility Study completed in September 2025 and environmental studies scheduled for submission in Q2 2026.
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