Aris Mining Achieves Key Underground Breakthrough at Marmato Gold Mine
Event summary
- Aris Mining completed the underground cross-cut connecting the new surface decline to existing workings at its Marmato gold mine.
- The milestone supports the expansion project, with first gold expected in Q4 2026.
- The connection enables continuous underground access to the new 5,000 tonne per day CIP plant under construction.
- Aris Mining aims to increase annual gold production to approximately 500,000 ounces post-expansion.
The big picture
Aris Mining's breakthrough at Marmato underscores its strategic focus on scaling gold production in Colombia. The milestone aligns with broader industry trends of modernizing underground mining operations to enhance efficiency and output. With Segovia and Marmato poised to deliver 500,000 ounces annually post-expansion, Aris Mining is positioning itself as a significant player in the South American gold sector.
What we're watching
- Production Timeline
- Whether Aris Mining can maintain its schedule for first gold in Q4 2026 amid ongoing development.
- Expansion Impact
- How the Marmato expansion will contribute to Aris Mining's goal of reaching 1 million ounces of annual gold production.
- Project Execution
- The pace at which Aris Mining advances its other key projects, Soto Norte and Toroparu.
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