Quarterly ResultNov 4, 2026, 04:32 PM
Aris Mining Q3 Revenue Up 13% to $287M on Higher Gold Prices; Net Earnings $67M
AI Summary
Aris Mining reported a strong Q3 2026 with revenue up 13% year-over-year to $287 million, primarily due to higher gold prices. Net earnings increased to $67 million from $42 million in the prior year's quarter. The company also saw an increase in cash and cash equivalents to $419 million and a reduction in net debt to $46 million. Expansion projects at Segovia and Marmato are progressing, with the Marmato CIP plant nearing completion and the Toroparu Pre-Feasibility Study expected in November 2026.
Key Highlights
- Aris Mining Q3 2026 revenue increased 13% YoY to $287 million, driven by higher gold prices.
- Q3 2026 net earnings were $67 million, up from $42 million in Q3 2025.
- Adjusted EBITDA reached $144 million in Q3 2026, compared to $131 million in Q3 2025.
- Cash and cash equivalents increased to $419 million at September 30, 2026.
- Net debt was reduced to $46 million, down from $86 million at December 31, 2025.
- Segovia produced 63,445 ounces of gold in Q3 2026, with AISC margin of $128.8 million.
- Marmato produced 5,812 ounces of gold in Q3 2026, with construction of the new CIP plant nearing completion.
- Toroparu Pre-Feasibility Study targeted for completion in November 2026, with a potential construction decision in early 2027.
Price Impact
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