financetom
Business
financetom
/
Business
/
Aris Mining Up 0.9% In US Premarket As Announces "Steady Ramp-Up" at Segovia; "Remains On-track" To Achieve Its FY25 Production Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aris Mining Up 0.9% In US Premarket As Announces "Steady Ramp-Up" at Segovia; "Remains On-track" To Achieve Its FY25 Production Guidance
Sep 5, 2025 5:11 AM

07:42 AM EDT, 09/05/2025 (MT Newswires) -- Aris Mining Corporation ( ARMN ) was at last look up 0.9% in US premarket trade as it reported "strong progress" with the ramp-up at its Segovia Operations following successful commissioning of a second mill in June 2025. It said the expanded processing capacity has already delivered a substantial increase in mill throughput and gold production.

Among highlights, Aris noted the second mill was successfully commissioned in late June 2025, on time and within budget, increasing installed processing capacity by 50% from 2,000 tonnes per day (tpd) to 3,000 tpd. Aris also noted milling rates increased "sharply" in July and August, averaging 2,415 tpd, compared to 1,971 tpd over the six months ended June 30, 2025. In August, throughput also reached approximately 3,000 tpd on several days, "demonstrating strong operating performance at design capacity".

Aris cited as other highlights: processed gold grades averaged 10.02 g/t Au in July and August, "which reflects disciplined use of the additional processing capacity and production growth without compromising grade". and year to date gold production at Segovia to August 31, 2025 totalled 141,893 ounces, including 42,817 ounces produced in July and August.

In addition, Aris said the Marmato Narrow Vein zone contributed 4,936 ounces in July and August, bringing consolidated year-to-date gold production to 161,168 ounces. Aris added it "remains on-track to achieve its full-year 2025 production guidance of 230,000 to 275,000 ounces."

ARIS was down $0.23 or 1.8% in Canada yesterday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EU could aggregate demand for US gas as part of trade talks, Lithuania says
EU could aggregate demand for US gas as part of trade talks, Lithuania says
Apr 8, 2025
BRUSSELS (Reuters) - The European Union could consider aggregating its member countries' demand to buy U.S. liquefied natural gas, as part of negotiations with President Donald Trump to try to avert a trade war, Lithuania's energy minister told Reuters on Tuesday. When EU ministers met on Monday to consider the bloc's response to Trump's planned 20% tariffs on most EU...
Two US lawmakers urge White House to end UK data treaty after Apple backdoor order 
Two US lawmakers urge White House to end UK data treaty after Apple backdoor order 
Apr 8, 2025
SAN FRANCISCO, April 8 (Reuters) - Two U.S. lawmakers on Tuesday sent a letter to President Donald Trump's administration urging an end to a data agreement with the U.K. and to renegotiate a new one in the wake of reports that the U.K. ordered Apple ( AAPL ) to build a backdoor to access encrypted user data. Ohio Republican Jim...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
--TSMC May Face Fine Topping $1 Billion to Settle US Probe, Reuters Reports
--TSMC May Face Fine Topping $1 Billion to Settle US Probe, Reuters Reports
Apr 8, 2025
12:00 PM EDT, 04/08/2025 (MT Newswires) -- Price: 149.11, Change: +2.94, Percent Change: +2.01 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved