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Announces updated mineral reserve estimates for its Segovia Operations in Colombia effective September 30, 2023. This updated mineral reserve estimate follows the updated mineral resource estimate announced on November 2, 2023. Aris Mining is also increasing the capacity of the Maria Dama processing plant within the Segovia Operations from 2,000 to 3,000 tonnes per day (tpd). As we have an existing unutilized ball mill on site, the costs for the plant expansion are estimated at $11.0 million and completion is expected by early 2025. Aris Mining Corporation shares T.ARIS are trading up $0.08 at $4.03.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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