Aris Mining Reports Q2 2026 Results
Aris reported strong Q2 cash flow despite rising AISC, while its Soto Norte license filing was delayed beyond the second quarter.
Aris Mining Corporation (ARIS) reported second-quarter 2026 financial results, with gold production reaching 73.7 koz, consistent with first-quarter levels. The company generated $321 million in revenue at an average realized gold price of $4,450/oz. Adjusted EBITDA came in at $179 million, while adjusted net earnings totaled $96 million, or $0.47 per share.
As of June 30, 2026, Aris Mining’s cash balance rose to $426 million. For the first half of 2026, production totalled 148.0 koz, representing a 31% year-over-year increase. The company reaffirmed its full-year 2026 production guidance of 300,000–350,000 oz. Additionally, the Marmato CIP plant remains on schedule for first gold in the fourth quarter of 2026.
Aris Mining Corporation (ARIS) reported second-quarter results that were moderately below first-quarter levels in revenue and earnings, a decline fully expected following the abnormally high grade and gold price experienced in Q1. Cash generation remains strong, and the company’s balance sheet is net-debt-free. The timeline for the Marmato expansion remains intact.
However, the creeping average integrated sustaining cost (AISC) presents a concern, rising to $1,767/oz for owner-operated operations compared to $1,492 in Q1. This figure still lies within the annual guidance band. Additionally, the missed submission for the Soto Norte licence is a minor negative for the long-dated project.
Aris Mining Corporation (ARIS) is a gold producer focused on operations in Colombia and Guyana, managing two active mines—Segovia and Marmato—and two advanced development projects, Soto Norte and Toroparu. The company aims to increase production from existing assets to more than 500,000 ounces per year, with a long-term goal of reaching approximately 1 million ounces annually. Segovia operates as a high-grade underground mine that has been expanded to a capacity of 3,000 tons per day. Meanwhile, Marmato is constructing a new 5,000 tons per day carbon-in-pulp plant designed to unlock its bulk mining zone.