Quarterly ResultJul 29, 2026, 04:18 PM
Aris Mining Q2 Gold Production 73.7 koz; Revenue $321M
AI Summary
Aris Mining reported strong Q2 2026 results, with gold production of 73.7 thousand ounces and revenue of $321 million. The company maintained a robust cash balance of $426 million after funding $121 million in capital projects. Aris Mining remains on track to achieve its 2026 production guidance of 300,000 to 350,000 ounces, with key projects like Marmato and Toroparu advancing on schedule.
Key Highlights
- Q2 2026 gold production was 73.7 thousand ounces, consistent with Q1 2026.
- Gold revenue reached $321 million, with an average realized gold price of $4,450/oz.
- Adjusted EBITDA for Q2 2026 was $179 million, with trailing 12-month Adjusted EBITDA at $690 million.
- Adjusted net earnings were $96 million or $0.47 per share for Q2 2026.
- Cash balance stood at $426 million as of June 30, 2026, after $121 million in Q2 capital projects.
- Marmato expansion is on schedule for first gold in Q4 2026, with $118 million estimated capital to completion.
- Toroparu Project's Prefeasibility Study is on schedule for H2 2026, targeting an early 2027 construction decision.
- Soto Norte Project's environmental license application preparation is nearing completion.
Price Impact
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