Aris Mining Announces Fourth Quarter and Full Year 2025 Earnings Release Date

• Most recent news item (Feb 26, 2026): Aris Mining announced the date for its fourth quarter and full-year 2025 earnings release (March 11, 2026) and a conference call (March 12, 2026). The release reiterates long-run production targets (500,000 oz/year near-term target, and a longer-term growth path toward ~1 million oz/year) and confirms ongoing growth initiatives:
• Segovia: second mill commissioned in June 2025 and ramping up
• Marmato Complex: CIP plant under construction with first gold expected in Q4 2026
• Soto Norte: Prefeasibility completed in Sep 2025; environmental studies being finalized for submission in Q2 2026
• Toroparu: PEA completed with Prefeasibility ongoing
• NYSE-related activity was noted in prior items, including uplisting to NYSE (Feb 19, 2026)
• Earlier material developments in the period (oldest to most recent):
• 2025-03-05: Colombia TRA resolution related to Santurban may affect timing of environmental licenses for Soto Norte; company notes Soto Norte studies expected mid-2025 and a redesigned project, with Segovia and Marmato unaffected.
• 2025-03-12 to 2025-05-15: Q4 2024 and 2024 annual results released; Q1 2025 results preview; CFO transition (Orazietti out, Paterson in); AGM results; ongoing expansion plans at Segovia and Marmato; Soto Norte JV discussions continue.
• 2025-06 to 2025-07: Segovia second mill (June 2025) commissioned; Marmato bulk mining zone development ongoing; Marmato capex ramp and underground development progressing; Juby sale completed (Sept 2025) and Juby asset exited; warrant activities (ARIS.WT.A) and related financing updates.
• 2025-09 to 2025-11: Soto Norte PFS announced as positive (Sept 3, 2025); Soto Norte JV updates and a plan for a smaller-scale development; ICSID arbitration settlement with Colombia announced (Nov 19, 2025) resolving disputes without cash payments; Aris acquires 100% of Soto Norte (Nov 20, 2025) and terminates Mubadala stream; Dec 12, 2025 close of Soto Norte acquisition adds a fully owned asset.
• 2026-01: Segovia reserve and resource updates published (Jan 8, 2026) highlighting increases in Measured & Indicated Resources and reserves; Jan 21, 2026 press release shows 2025 production beat guidance with strong cash position and ongoing expansion progress; Jan 22 board/management updates occur.
• 2026-02: NYSE uplisting completed (Feb 19, 2026) with management emphasizing broader investor visibility; Feb 24–26, 2026 earnings-date announcement reinforces the timing of Q4/2025 results.
• Overall, the most recent release confirms continued execution on Segovia and Marmato expansions, progress on Soto Norte and Toroparu, and a growing capital-market footprint via NYSE uplisting. Earlier results and updates (2025) consistently demonstrated production momentum, strong cash generation, and a pipeline of large-scale growth projects.

Material impact assessment - Fundamental drivers from recent news: - Operational momentum: Segovia expansion (second mill) completed and ramping, reinforcing production growth toward the company’s 2025-2026 targets; Marmato bulk mining zone progress with first gold expected in 2026 supports higher future throughput and gold output. - Growth optionality: Soto Norte PFS and Toroparu developments provide a multi-asset growth runway beyond Segovia, consistent with the company’s target to reach >500,000 oz/year and potentially move toward ~1 Moz/year in the long term. - Ownership and control: The 2025-11-19 ICSID settlement with Colombia and the 2025-11-20 100% Soto Norte ownership reduce political/regulatory risk and remove a precious metals stream, which simplifies capital structure and future economics. - Capital markets access: NYSE uplisting completed in Feb 2026 improves visibility and access to institutional capital; this is typically a positive, especially for a growth-focused, multi-asset gold company in Latin America. - In line with prior expectations? Yes. The 2025 results and guidance already pointed to Segovia ramp-up and Marmato expansion as key drivers; Soto Norte and Toroparu were advancing through PFS/PEA, with capital project milestones (CIP at Marmato, second Segovia mill commissioning) already in motion. The February 2026 earnings-release-date notice is a routine communications step, not a data-driven update, so its materiality is modest. The NYSE uplisting and the Soto Norte ownership shift are material in reducing execution risk and broadening investor access, aligning with the company’s stated strategy to build a multi-asset, higher-capitalization gold company. - Bottom line: The most recent news is informative but not a surprise given the trajectory shown in prior releases; it reinforces material positives around execution, ownership structure, and market access rather than delivering a new, standalone earnings surprise.

What to watch next (immediate, 3-6 months) - Immediate: - March 11, 2026: Q4 2025 and full-year 2025 results release and March 12 conference call; read for confirmation of production, costs, and cash flow targets and any revised guidance. - 3-6 months: - Soto Norte: finalization and submission of environmental license package if progress continues; potential updates on local community mining integration and capital plan (PFS/driver for 3,500 tpd plant; 750 tpd allocated to local miners). - Toroparu: continuation of PFS development and potential update on development pricing, capex, and timeline for potential construction. - Marmato: potential ramp-up progress toward first gold pour from the bulk mining zone in H2 2026; any capex adjustments as project moves into major construction phases. - Capital markets: monitoring how NYSE listing affects liquidity, investor base, and any potential follow-on financings or additional streaming arrangements. - What to look for in future releases: - 2025 results details: production by asset, AISC, margin analysis, free cash flow, and growth capital allocation. - Updates on Soto Norte environmental licensure timing and any delays or accelerations. - Updated 2026 guidance reflecting the Marmato and Segovia ramp-ups and the anticipated contributions from Soto Norte and Toroparu.

Conclusion on Materiality - Rating: Routine - Neutral - Rationale: The latest news is primarily a scheduling/confirmatory update (earnings release date) and reflects ongoing execution rather than introducing a fresh, market-moving surprise. The more material concerns—Segovia ramp-up success, Marmato expansion, Soto Norte and Toroparu development, Soto Norte full ownership, and NYSE uplisting—have been developing over the preceding months and are already priced in through higher cash flows, better visibility, and strategic ownership changes. The combined set of developments does strengthen the growth trajectory and reduce some regulatory/structural risks, but the Feb 26 earnings-date release itself does not by itself alter the investment thesis beyond reinforcing the planned reporting timeline.

Technical Analysis and Price Support Resistance Breakout levels - Price data: Not provided. Time series data not available to perform a robust technical analysis. - Implication: Unable to define current trend, support, resistance, or breakout levels from provided data. If you can share the two-year price history, I can compute key levels (e.g., major swing highs/lows, trend lines, moving averages) and assess how the latest news aligns with potential breakouts.

Company overview and flagship project - Flagship assets: - Segovia (Colombia): 100%-owned; ramped to 3,000 tpd with a second ball mill commissioned in June 2025; 65.5k oz produced in Q3 2025; aim to exceed 500k oz/year long-term from Segovia with Marmato assistance. - Marmato Complex (Colombia): CIP plant construction; bulk mining zone development; first gold anticipated in H2 2026; capex program updated to 625-820 million (depending on scenario) with downstream financing from Wheaton streaming; Marmato expansion significantly increases long-term capacity. - Soto Norte (Colombia): 51% stake (initially); PFS completed with robust economics; new smaller-scale plan under evaluation; 100% ownership acquired (Nov 2025) with transition from JV to full control; regulatory/licensing work in progress for environmental license (target mid-2026 license; PFS and related studies completed). - Toroparu (Guyana): 100%-owned; PEA published Oct 2025 showing strong economics; pursuing a PFS with a potential construction path; multi-asset diversification in a high-grade, long-life project. - Strategic rationale: Buy-and-build with a multi-asset portfolio across Colombia and Guyana; high-grade operations with potential to reach >500 koz/year, moving toward ~1 Moz/year long-term; disciplined capital allocation and balance-sheet strength to fund growth.

Capital structure including financings and levels - Notable financings/transactions: - 2025-11-19/11-20: Settlement of ICSID arbitration with Colombia; acquisition of remaining 49% Soto Norte JV stake completed; Mubadala stream terminated; company owns 100% Soto Norte; reduces ongoing cash/royalty obligations and stream-dependent variability. - 2025-12-12: Soto Norte acquisition closes; strengthens growth pipeline and control over development economics. - 2025-07-09 to 2025-07-29: ARIS.WT.A warrants exercise period; proceeds raised to strengthen the balance sheet; Warrants expiry (July 29, 2025) simplifies capital structure. - 2025-09-30 to 2025-12-12: Sale of Juby project for US$22 million; reduces non-core exposure and unlocks capital for core assets. - 2025-10-29 to 2026-01-22: CFO transition; strong capital position reflected in Q3 2025 financials; cash balance around US$418 million at Q3 2025; net debt around US$64 million; trailing twelve months EBITDA exceptional (Q3 2025). - 2026-02-19: Uplisting to NYSE completed; improves trading liquidity and access to U.S. institutional investors. - Overall balance sheet: Cash balances robust (Q3 2025 metric around US$418 million; 1H/2H 2025 funded growth capex), net debt modest (~US$64 million as of Sep 30, 2025), leverage around 1.4x; no significant debt maturities until 2029; strong liquidity to fund Marmato and Soto Norte growth as well as Toroparu PFS activities.

Strategic investors - Investor base (from investor presentation and capital markets activity): - Major holders include MMCAP, Van Eck, Kopernik, Goldman Sachs, North of South Capital, Ruffer, Hillsdale Investment Management, BlackRock, Baker Steel, and CEO Neil Woodyer himself. - Mubadala has historically been involved in Soto Norte via a streaming arrangement (terminated with the 100% Soto Norte acquisition in 2025); subsequent 100% ownership reduces reliance on external streams. - Governance/board: - 2026 governance updates included appointment of new Chair and CEO (Neil Woodyer as combined Chair/CEO) with added independence (Lead Independent Director appointed) to drive execution.

Debt risk and capital needs - 2025–2026 capital programs: - Marmato Bulk Mining Zone: estimated capex around USD 625 million initial capex; total project capex around USD 820–840 million; a portion funded by Wheaton streaming (82 million of 250 million identified in mid-2025 updates), reducing company cash requirement. - Marmato lower-mining ramp and Marmato CIP expansion: significant capital deployment with staged spend; construction progress (decline development ongoing; surface plant foundations and power lines in progress). - Soto Norte: capex plan of USD 625 million (owner mining; PFS indicates 3,500 tpd plant; 750 tpd dedicated to local miners); environmental licensing process in progress. - Toroparu PFS/PEA: additional capital planning if project moves to FS/construction. - Leverage and liquidity: - Net debt around US$64 million as of Sep 30, 2025; trailing EBITDA around US$352 million; total liquidity around US$418 million; total leverage around 1.4x; no meaningful debt maturities until Oct 2029. - Warrant exercises provided a cash infusion; ongoing strong cash generation supports growth without major new debt in near term.

Key and hidden risks - Regulatory/licensing risk: - Soto Norte environmental licensing timeline remains a gating item; environmental and social license processes are subject to change and political/regulatory dynamics in Colombia. - Santurban TRA resolution (Mar 2025) creates uncertainty about environmental licensing; the company plans to redesign Soto Norte to address concerns, but timing is not guaranteed. - Execution risk: - Marmato Bulk Mining Zone ramp-up requires successful construction, commissioning, and integration of new infrastructure; delays could affect capex and payback. - Toroparu PFS/Feasibility timelines and potential political/regulatory risk in Guyana (though the country generally supportive of mining). - Market/commodity risk: - Production and cost guidance depend on gold price; AISC margins are sensitive to gold price movements and input costs; while 2023–2025 results have shown price-driven upside, this remains a risk in downturn scenarios. - Strategic risk: - The “Buy and Build” model depends on continued execution of multiple large projects; delays in Soto Norte or Toroparu could shift capital needs or pressurize near-term liquidity.

Final summary and takeaways - The most recent earnings-date release is a routine, forward-looking update that reinforces the ongoing growth narrative rather than delivering a new earnings surprise. The company’s recent history shows: - Strong Segovia ramp-up post-second mill, with expansion targets on track - Marmato development advancing, with a clear multi-year growth plan - Soto Norte and Toroparu progressing through PFS/PEA phases, contributing optionality to the growth trajectory - Positive regulatory outcomes: ICSID settlement with Colombia de-risks a prior dispute and strengthens the near-term business environment - Improved market access via NYSE uplisting, potentially unlocking greater institutional demand - The overall signal remains constructive, with execution momentum supporting the company’s longer-term aim of exceeding 500,000 oz/year and potentially approaching 1 Moz/year in the longer term, while maintaining a solid balance sheet to fund growth.

Appendix and Sources - News items (in order, with dates): - 2025-03-05 Aris Mining makes progress with Colombia on Soto Norte (TRA resolution) - 2025-03-12 Aris Mining reports Q4 2024 results; 2024 annual results - 2025-03-20 Globe/market commentary; best ideas mention - 2025-04-08 ARIS Mining reports Q1 2025 results - 2025-04-24 ARIS Mining to release Q1 results May 7 - 2025-04-28 CFO transition: Richards Orazietti to step down; Paterson appointed - 2025-05-07 ARIS Mining Q1 2025 results - 2025-05-07 AGM results - 2025-05-15 ARIS Mining AGM notes - 2025-06-30 ARIS Mining commissions second Segovia mill - 2025-07-07 ARIS Mining Q2 2025 results; Marmato ramp progress - 2025-07-09 ARIS warrants expiry reminder - 2025-07-17 MOU for Marmato ASM formalization - 2025-07-24 ARIS to release Q2 results - 2025-08-07 ARIS results Q2; Segovia ramp; Marmato expansion details - 2025-08-07 ARIS.WT.A warrant expiry and shareholder discussion - 2025-08-12 Mubadala share sale; stock overhang reduction - 2025-09-03 ARIS announces positive Soto Norte PFS - 2025-09-03 CIRO trading halt; market activity notes - 2025-09-29 ARIS completes sale of Juby project - 2025-11-19 ARIS and Government of Colombia reach long-term settlement (ICSID) - 2025-11-20 Aris Mining acquires Soto Norte JV stake to 100% - 2025-12-12 ARIS closes acquisition of Soto Norte - 2026-01-08 ARIS expands Segovia reserves and resources - 2026-01-21 ARIS delivers strong 2025 production above guidance - 2026-01-22 ARIS board/management updates - 2026-02-05 ARIS approved for NYSE uplisting - 2026-02-19 ARIS uplisting to NYSE completed - 2026-02-24 ARIS to release Q4 2025 results; 2025 results context - 2026-02-26 ARIS earnings release date - Investor Presentation (October 2025, Building a Leading Gold Mining Company in Latin America): - Segovia: cost guidance, production guidance (210k–250k 2025; 300k in 2026), reserves/resources (P&P 1,343 koz; M&I 3.4 Moz), AISC guidance, margins - Marmato: 20k–25k oz 2025 from Narrow Vein; 200k+ oz potential from Bulk Mining Zone starting H2 2026; reserves/resources - Soto Norte: 51% ownership; 263 koz/year (Years 2–10); LOM AISC US$534/oz; high-grade resource base - Toroparu: 235 koz/year long-term; PFS/PEA path; 7 Mtpa mill; long-life open pit - Capital structure: major holders list; 2025 shares outstanding, warrants, and notes; note on Mubadala contingent shares (6,000,000) tied to environmental license - Company overview slides and management team details (Neil Woodyer, Pamela De Mark, etc.) - Transcripts and other materials: - Full earnings call transcript content and Q&A highlights are included in the provided transcript JSON for Q3 2025; it confirms Segovia ramp-up, Marmato capex cadence, and Toroparu/Soto Norte pipeline - Price and time-series data: - Time Series Price Data: Not provided in this session - Notes: - All material facts are based strictly on the provided news releases, transcripts, and presentation data - Where data in the news items conflicts or adds context, the contextual emphasis from the latest items is given

If you’d like, I can re-run the analysis with a supplied time-series price dataset to generate precise technical support/resistance levels and potential breakout points aligned to the latest headlines.