Aris Mining Reports Q1 2026 Production and Strong Revenue Growth
Gold producer with expanding operations and strong cash generation
Aris Mining released its Q1 2026 operating and financial results on April 7 2026. Consolidated gold production was 74.3 koz, a 6% increase versus Q4 2025. Gold sales totaled 74.8 koz at an average realized price above $4,860/oz, generating gold revenue in excess of $360 million – roughly a 20% rise from the prior quarter. Cash on hand grew to over $470 million as of March 31 2026, about $80 million higher than year‑end 2025. Management reiterated its 2026 production growth outlook, noting that first gold from the new Marmato CIP plant is targeted for Q4 2026 and that a ramp‑up at the Segovia operation is underway. Full Q1 2026 financial statements are expected to be released around May 6 2026.
The news represents positive operational momentum but is largely in line with prior guidance and expectations. The company had previously guided FY 2026 production of 300‑350 koz and highlighted the Marmato CIP plant first‑gold target for Q4 2026; the Q1 results show a modest sequential increase consistent with a H2‑weighted growth profile. Cash generation aligns with operating cash flow trends disclosed in earlier releases, and no unexpected financing, major M&A, or material deviation from guidance was announced. Consequently, the announcement is routine rather than material‑game‑changing.
Aris Mining is a Latin American gold producer with a diversified portfolio of operating and development assets.
Segovia (Antioquia, Colombia): Producing underground mine; current guidance 210‑250 koz for 2025, targeting ~300 koz annual rate in 2026 after mill expansion to 3,000 tpd. Reserves: 1.34 Moz Au @10.78 g/t; Measured & Indicated resources: 3.4 Moz @16.1 g/t.
Marmato (Caldas, Colombia): Producing narrow‑vein zone with a new CIP plant under construction; 2025 guidance 20‑25 koz (narrow vein), targeting >200 koz/year from the bulk mining zone starting H2 2026. Reserves: 3.18 Moz Au @3.16 g/t; Resources: 6.0 Moz @3.0 g/t.
Soto Norte (Santander, Colombia): Development project (now 100% owned after acquiring remaining 49%); low‑cost underground operation with LOM AISC $534/oz; average annual production 263 koz (years 2‑10) and 203 koz (years 1‑21). Resources: 7.0 Moz @5.6 g/t.
Toroparu (Guyana): Early‑stage open‑pit project; Measured & Indicated resources 5.4 Moz @1.5 glt; PEA indicates ~235 koz average annual production, $1.8 B NPV₅% at $3,000/oz Au.
Collectively, the company aims to double annual output to >500 koz from Segovia and Marmato in the near term, with a longer‑term pathway to 1 Moz/year via Soto Norte and Toroparu.