Quarterly ResultNov 4, 2026, 04:14 PM
Aris Mining Reports Record YTD Performance with Strong Cash Flow in Q3 2026
AI Summary
Aris Mining reported strong Q3 and YTD 2026 results, highlighted by record year-to-date gold production and significant growth in adjusted EBITDA and net earnings. The company is advancing key projects, with the Marmato CIP plant nearing completion and expected to have its first gold pour in December 2026. Progress is also being made on the Toroparu Prefeasibility Study and the Soto Norte environmental licensing. The company maintained a strong cash position despite significant investments in capital projects.
Key Highlights
- YTD gold production reached 217.3 koz, a 16% increase from YTD 2025.
- Q3 gold revenue was $287 million with an average realized price of $4,205/oz.
- Q3 adjusted EBITDA was $144 million, up 81% YTD to $535 million.
- Q3 adjusted net earnings were $73 million ($0.35/share), up 99% YTD to $293 million.
- Cash balance stood at $419 million as of September 30, 2026.
- Marmato CIP plant commissioning is underway, with first gold pour expected in December 2026.
- Toroparu Prefeasibility Study targeted for release in November 2026.
- Soto Norte environmental licensing process is advancing with improved regulatory clarity.
Price Impact
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