Quarterly ResultJul 29, 2026, 04:17 PM
Aris Mining Q2 Net Earnings $94.2M; H1 Net Earnings $191.9M
AI Summary
Aris Mining reported strong financial performance for Q2 and H1 2026, with net earnings of $94.2 million and $191.9 million respectively, a significant turnaround from losses in the prior year periods. Gold revenue also saw substantial year-over-year growth. The company maintained consistent gold production and significantly reduced net debt while advancing key growth projects like the Marmato expansion, which is on track for first gold in Q4 2026.
Key Highlights
- Q2 2026 net earnings were $94.2 million, compared to a net loss of $16.9 million in Q2 2025.
- Q2 2026 gold revenue reached $321 million, up from $200.2 million in Q2 2025.
- Q2 2026 gold production totaled 73,710 ounces, consistent with Q1 2026.
- H1 2026 net earnings were $191.9 million, a significant increase from a $14.5 million net loss in H1 2025.
- H1 2026 gold revenue was $684.7 million, up 96% from H1 2025.
- Cash and cash equivalents stood at $425.6 million as of June 30, 2026.
- Net debt was reduced to $44 million, down from $86 million at December 31, 2025.
- Marmato expansion is on schedule for first gold in Q4 2026, with $64 million invested in Q2 2026.
Price Impact
More from ARIS