#Canada #Vancouver #Gold Production #Aris Mining #Segovia

Aris Mining Corporation Reports Impressive Q2 2025 Results

Aris Mining Corporation (TSX: ARIS; NYSE-A: ARMN), based in Vancouver, has announced notable financial and operational results for the second quarter (Q2) of 2025, which ended on June 30. Highlighting a significant leap in both revenue and adjusted EBITDA, the company has positioned itself favorably amid a dynamic gold market.

Financial Highlights

For Q2 2025, Aris Mining recorded a remarkable revenue of $200.2 million, marking a sharp 30% increase from the previous quarter and a 75% jump year-over-year from Q2 2024. This robust growth was primarily fueled by elevated gold prices alongside heightened sales volumes. The company also reported a healthy cash balance of $310 million, an increase from $240 million in Q1 2025 and strengthened by active cash flow generation from its operations. Furthermore, the exercise of warrants has significantly supplemented the company’s financial positioning, yielding an additional $60.5 million in funds after June 30, illustrating a strong investor confidence.

Aris Mining's Adjusted EBITDA for the quarter soared to $98.7 million, up 48% from Q1 2025 and nearly tripling the performance of Q2 2024. This substantial increase underscores the company's operational efficiency and resilience in cash flow management, with a trailing 12-month Adjusted EBITDA totaling $264 million.

The record adjusted net earnings stood at $47.8 million or $0.27 per share, further establishing it as the highest performance level since Aris Mining's inception in September 2022. Comparatively, this marks a notable rise from $0.16 per share in Q1 2025 and $0.08 per share in Q2 2024.

Operational Performance

In terms of gold production, Aris Mining achieved a total of 58,652 ounces, reflecting a 7% increase from quarterly production of 54,763 ounces in Q1 2025 and a commendable rise from 49,216 ounces in Q2 2024. The Segovia operations were instrumental in this production surge, yielding 51,527 ounces with impressive gold grades of 9.9 g/t and recovery rates of 96.1%.

The All-In Sustaining Cost (AISC) associated with owner-operated mining is estimated at $1,520 per ounce, slightly up from $1,482 in the previous quarter yet tracking within the lowered end of the full-year 2025 guidance range of $1,450 to $1,600. Furthermore, the company saw an AISC margin surge to $87.2 million, which is a notable 43% growth from the last quarter of Q1 2025.

Strategic Initiatives and Future Outlook

Looking ahead, Aris Mining is set for robust growth with ongoing capital investments amounting to $36.7 million directed towards expansion projects, particularly within the Marmato Bulk Mining Zone and Segovia. The commissioning of the second mill at Segovia in June 2025 is expected to further bolster gold production in the second half of 2025, with targeted annual outputs slated to range between 210,000 to 250,000 ounces for this year and aiming for 300,000 ounces in the next.

Neil Woodyer, Aris Mining's CEO, commented, "With record adjusted net earnings and over $310 million in cash, alongside the commissioning of our second mill at Segovia, we are well-positioned for strong production outcomes in the latter half of 2025. Our ongoing construction efforts at Marmato and technical studies at Soto Norte and Toroparu exemplify our commitment to advancing our compelling growth pipeline." This strategic direction indicates Aris Mining's ambition to solidify its position as a leading intermediate gold producer in Latin America, focusing on sustainable and profitable growth.

Conclusion

In summary, Aris Mining's impressive Q2 2025 performance not only underscores operational efficiency and financial strength but also highlights a proactive approach in enhancing production capabilities. With a well-defined strategy for growth amidst evolving market conditions, Aris Mining appears poised for sustained success in the competitive landscape of the gold mining industry.