Aris Mining Achieves Milestone with Second Mill Installation at Segovia
Aris Mining Corporation, a prominent player in the gold mining sector, has announced the completion of its second processing mill at the Segovia Operations in Antioquia, Colombia. This exciting development not only adheres to the timeline and budget set by the company but also represents a significant leap forward in their strategic growth plan. The new mill is designed to enhance daily processing capacity from 2,000 to an impressive 3,000 tonnes per day (tpd).
Neil Woodyer, the CEO of Aris Mining, expressed his enthusiasm regarding this development, noting that the second mill will play a crucial role in achieving their goal of a yearly production rate exceeding 500,000 ounces from both the Segovia Operations and the Marmato Complex. With operations having commenced recently, the expanded processing capacity is expected to lead to a robust increase in gold production in the latter half of 2025.
In 2024, Segovia Operations yielded approximately 187,583 ounces of gold, and projections for the current year suggest figures could rise to between 210,000 and 250,000 ounces. This optimistic forecast is underpinned by ongoing underground development and an increasing volume of mill feed from contract mining partners. In fact, Aris Mining anticipates that annual production could reach around 300,000 ounces by next year. This can be attributed not only to the new mill’s capabilities but also to the strategic direction the company has taken.
The newly installed mill is seamlessly integrated into the existing plant infrastructure. It utilizes shared circuits across several functions, including crushing, flotation, and leaching. The commissioning activities wrapped up in June 2025, marking a pivotal moment for the Segovia Operations and its role in Aris Mining's overall strategy. The improved infrastructure is poised to meet the rising demand for gold production while boosting the company's cash flow.
Established in September 2022 with a strong vision for growth, Aris Mining aims to emerge as a leading gold mining entity in Latin America. Its business strategy is meticulously crafted to blend current operational endeavors with growth initiatives that encompass asset expansions and development projects. The benign backdrop of Colombia’s rich gold deposits serves as an optimal setting for Aris Mining's ambitious goals.
Currently, not only does Aris Mining operate two underground gold mines—the Segovia Operations and the Marmato Complex—but it has also set its sights on achieving significant expansions. For instance, post-expansion, the company's objective is to unravel an annual production rate exceeding 500,000 ounces of gold over the coming years. Further down the line, the company plans to ramp up production at the Marmato Complex by constructing the Bulk Mining Zone, slated to commence in late 2026.
Moreover, Aris Mining is actively engaged in developing sustainable partnerships with Colombia’s small-scale mining sector. These collaborations aim to implement safe, legal, and environmentally responsible practices that benefit local communities while ensuring the enrichment of the mining sector.
Looking ahead, Aris Mining remains focused on seeking acquisitions and growth opportunities that unlock greater value through scaling and diversification. With the second mill now operational at Segovia, the company is set to navigate its path towards a brighter, more productive future in gold mining. Their dedication to operational excellence and strong governance remains at the heart of their ongoing journey.
For more insights on Aris Mining and ongoing projects, visit their official website at www.aris-mining.com and stay connected for updates about their strategic developments and successes.
Neil Woodyer, the CEO of Aris Mining, expressed his enthusiasm regarding this development, noting that the second mill will play a crucial role in achieving their goal of a yearly production rate exceeding 500,000 ounces from both the Segovia Operations and the Marmato Complex. With operations having commenced recently, the expanded processing capacity is expected to lead to a robust increase in gold production in the latter half of 2025.
In 2024, Segovia Operations yielded approximately 187,583 ounces of gold, and projections for the current year suggest figures could rise to between 210,000 and 250,000 ounces. This optimistic forecast is underpinned by ongoing underground development and an increasing volume of mill feed from contract mining partners. In fact, Aris Mining anticipates that annual production could reach around 300,000 ounces by next year. This can be attributed not only to the new mill’s capabilities but also to the strategic direction the company has taken.
The newly installed mill is seamlessly integrated into the existing plant infrastructure. It utilizes shared circuits across several functions, including crushing, flotation, and leaching. The commissioning activities wrapped up in June 2025, marking a pivotal moment for the Segovia Operations and its role in Aris Mining's overall strategy. The improved infrastructure is poised to meet the rising demand for gold production while boosting the company's cash flow.
Established in September 2022 with a strong vision for growth, Aris Mining aims to emerge as a leading gold mining entity in Latin America. Its business strategy is meticulously crafted to blend current operational endeavors with growth initiatives that encompass asset expansions and development projects. The benign backdrop of Colombia’s rich gold deposits serves as an optimal setting for Aris Mining's ambitious goals.
Currently, not only does Aris Mining operate two underground gold mines—the Segovia Operations and the Marmato Complex—but it has also set its sights on achieving significant expansions. For instance, post-expansion, the company's objective is to unravel an annual production rate exceeding 500,000 ounces of gold over the coming years. Further down the line, the company plans to ramp up production at the Marmato Complex by constructing the Bulk Mining Zone, slated to commence in late 2026.
Moreover, Aris Mining is actively engaged in developing sustainable partnerships with Colombia’s small-scale mining sector. These collaborations aim to implement safe, legal, and environmentally responsible practices that benefit local communities while ensuring the enrichment of the mining sector.
Looking ahead, Aris Mining remains focused on seeking acquisitions and growth opportunities that unlock greater value through scaling and diversification. With the second mill now operational at Segovia, the company is set to navigate its path towards a brighter, more productive future in gold mining. Their dedication to operational excellence and strong governance remains at the heart of their ongoing journey.
For more insights on Aris Mining and ongoing projects, visit their official website at www.aris-mining.com and stay connected for updates about their strategic developments and successes.
Topics Energy）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.