Vancouver, BC, June 30, 2025 — Aris Mining Corporation (TSX: ARIS, NYSE-A: ARMN) has marked a significant milestone in its growth strategy with the successful installation and commissioning of a second processing mill at its high-grade Segovia Operations in Antioquia, Colombia. This expansion is poised to enhance the company’s processing capacity by an impressive 50%, increasing it from 2,000 to 3,000 tonnes per day (tpd).
Celebrating a Major Achievement
To commemorate this achievement, Aris Mining released a short video showcasing the key milestones during the mill installation. The video highlights the meticulous planning and execution that went into this project, underscoring the company’s commitment to operational excellence.
The new mill is fully integrated into the existing plant infrastructure, utilizing shared circuits for crucial processes such as crushing, flotation, leaching, and tailings filtration. Remarkably, the project was completed on schedule and within budget, with commissioning activities wrapping up in June 2025.
Strategic Growth and Future Projections
Neil Woodyer, CEO of Aris Mining, expressed his enthusiasm about the new mill, stating, “The installation and commissioning of the second mill at Segovia is another important step in advancing our growth strategy to reach an aggregate production rate of more than 500,000 ounces annually from our wholly owned Segovia Operations and Marmato Complex.”
With the expanded capacity, Segovia is expected to steadily increase gold production in the latter half of 2025. The company anticipates full-year gold production to range between 210,000 to 250,000 ounces, a notable increase from the 187,583 ounces produced in 2024. As underground development progresses and mill feed purchases from contract mining partners grow, Segovia is on track to achieve an annual production of 300,000 ounces next year.
The Cornerstone of Aris Mining
Segovia is not just another asset for Aris Mining; it is a cornerstone of the company’s operations and a key cash flow generator. The expansion of the mill further solidifies its importance in the company’s portfolio, enabling Aris Mining to capitalize on Colombia’s rich gold deposits.
Founded in September 2022, Aris Mining aims to establish itself as a leading gold mining company focused on Latin America. The company’s strategy combines current production and cash flow generation with transformational growth through the expansion of operating assets, exploration, and development projects.
A Broader Vision for Growth
Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Complex. Together, these mines produced 210,955 ounces of gold in 2024. With ongoing expansions, Aris Mining is targeting an annual production rate exceeding 500,000 ounces, driven by the Segovia mill expansion and the construction of the Bulk Mining Zone at the Marmato Complex, which is expected to ramp up production in the second half of 2026.
In addition to its Colombian operations, Aris Mining holds a 51% stake in the Soto Norte joint venture, where studies are underway for a new, smaller-scale development plan, with results anticipated in Q3 2025. The company also owns the Toroparu gold/copper project in Guyana, where a new Preliminary Economic Assessment (PEA) has been commissioned, with results expected in the same quarter.
Commitment to Responsible Mining
Colombia is rich in high-grade gold deposits, and Aris Mining is actively pursuing partnerships with the country’s dynamic small-scale mining sector. These collaborations aim to enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry.
Aris Mining is committed to pursuing acquisitions and other growth opportunities to unlock value through scale and diversification. The company’s experienced leadership team brings a track record of value creation, operational excellence, financial discipline, and good corporate governance in the gold mining industry.
Conclusion
The successful installation of the second processing mill at Segovia Operations marks a pivotal moment for Aris Mining Corporation. As the company gears up for increased production, it is well-positioned to capitalize on the burgeoning gold market in Colombia. With a clear vision for growth and a commitment to responsible mining practices, Aris Mining is poised to make a significant impact in the Latin American gold mining sector.
For more information about Aris Mining, visit www.aris-mining.com or check their filings on SEDAR+ and the SEC.
This article highlights the strategic importance of Aris Mining’s expansion efforts and its commitment to responsible mining practices, setting the stage for a promising future in gold production.
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