Top 5 Mining Stocks To Watch In 2025: No.2 - Aris Mining
Aris Mining is an emerging gold producer in Colombia with experienced management aiming to replicate Endeavour Mining's success in Latin America. The company plans to double production to 500,000 ounces by 2026 through expansions at Marmato and Segovia mines, with further growth from Soto Norte and Toroparu projects. Despite rising costs linked to gold prices, Aris trades at a low valuation, offering a margin of safety and significant upside potential if management delivers.
Aris Mining aims to boost annual gold production to 500,000 ounces by 2026, despite rising operational costs and potential project delays. Strong 2024 performance with 153,000 ounces produced YTD, targeting 220,000-240,000 ounces for the year, driven by Segovia and Marmato mines. High gold prices and strategic expansions in Colombia and Guyana position the Company for long-term growth, despite operational and cost challenges.
Banco BBVA has now made two tests of this key technical level in nearly three weeks.
With gold prices rallying, investors should watch closely stocks such as Aris Mining (ARMN), Equinox Gold (EQX), Idaho Strategic Resources (IDR) and Triple Flag Precious Metals (TFPM).
Aris Mining is a mid-tier gold producer with main operations in Colombia and an aggressive growth strategy. Construction of the Marmato Lower Mine and expansion of the Segovia processing plant are expected to more than double production, to 500koz per year. Development of the world-class Soto Norte project could provide further growth opportunities.
Aris Mining Corporation (NYSE:ARMN ) Q4 2023 Earnings Conference Call March 7, 2024 11:00 AM ET Company Participants Neil Woodyer - Chief Executive Officer Richard Thomas - Chief Operating Officer Douglas Bowlby - Executive Vice President & Chief Financial Officer Conference Call Participants Kerry Smith - Haywood Securities Don DeMarco - National Bank Financial Taylor Combaluzier - Red Cloud Securities Operator Good morning, everyone and welcome to Aris Mining's Year-End 2023 Operational and Financial Results Conference Call. We will begin with an overview from management followed by a question-and-answer period.
(Kitco News) - Aris Mining (TSX: ARIS) (NYSE-A: ARMN) today reported Q3 2023 gold production of 60,193 ounces (Q3 2022: 54,630 ounces), with 53,826 ounces from the Segovia operations and 6,367 ounces from the Marmato Upper mine.