Latest news with #LatinAmerica-focused
Cision Canada
15-05-2025
- Business
- Cision Canada
ARIS MINING ANNOUNCES RESULTS OF 2025 ANNUAL GENERAL MEETING
VANCOUVER, BC, May 15, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) reports voting results from its Annual General Meeting of shareholders (the Meeting) held earlier today. AGM Voting Results Shareholders holding 63,558,598 shares, being 36.85% of the outstanding shares of the Company, were represented virtually or by proxy at the Meeting. The voting results from the Meeting are as follows: Election of Directors The following directors were elected to the Company's Board: Appointment of Auditors KPMG LLP was appointed as the auditor of the Company for the 2025 fiscal year, with their remuneration to be set by the Board. About Aris Mining Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry. Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold following the ramp-up of the Segovia mill expansion, expected during the second half of 2025, and the new Marmato Mine, which is expected to start ramping up in H2 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where studies are underway on a new, smaller scale development plan, with results expected by mid-2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) has been commissioned. Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry. Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification. Additional information on Aris Mining can be found at and on Cautionary Language Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements included in the "About Aris Mining" section of this news release are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 12, 2025 which is available on SEDAR+ at and in the Company's filings with the SEC at Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
Cision Canada
28-04-2025
- Business
- Cision Canada
ARIS MINING ANNOUNCES CFO TRANSITION
VANCOUVER, BC, April 28, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces that Richard Orazietti will step down as Chief Financial Officer (CFO) following the completion of the Company's Q1 2025 reporting. As part of a planned leadership succession, Cameron Paterson will join Aris Mining as CFO in July 2025, ahead of Q2 2025 reporting, and will lead the completion of the Company's financial reporting. This transition reflects the Company's commitment to maintaining strong financial governance while continuing to advance its growth strategy. Neil Woodyer, Aris Mining's CEO, commented: "Aris Mining has experienced significant growth, and our finance team has continued to evolve in step with the Company's expanding operations. I want to thank Richard Orazietti for his guidance and valuable contributions during this important period of transformation, and we wish him all the best in his future endeavours. I'm very pleased to welcome Cam Paterson to our senior management team. Cam brings highly relevant experience from his senior finance roles at Pan American Silver Corp., where he worked closely with regional teams across South America, Canada, and Mexico to support operational and financial performance." About Cameron Paterson Cam brings extensive financial leadership experience within the mining sector. He joined Pan American Silver in 2014 and has served in executive roles since 2015, including as Vice President, Financial Reporting, and, since 2022, as Senior Vice President, Finance and Information Technology. Prior to that, he was Vice President of Finance at a Vancouver-based junior mining company, and he began his career at Deloitte. Cam is a Chartered Professional Accountant and holds a degree in Economics (with distinction) from the University of Victoria, as well as a Diploma in Accounting from the Sauder School of Business at the University of British Columbia. About Aris Mining Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry. Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold following the ramp-up of the Segovia mill expansion, expected during the second half of 2025, and the new Marmato Mine, which is expected to start ramping up in H2 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where studies are underway on a new, smaller scale development plan, with results expected in mid-2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, further diversifying its asset portfolio. Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry. Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification. Additional information on Aris Mining can be found at and on Cautionary Language Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the effective resignation date of Richard Orazietti and the start date of Cameron Paterson, and statements included in the "About Aris Mining" section of this news release are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 12, 2025 which is available on SEDAR+ at and in the Company's filings with the SEC at Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
Yahoo
08-04-2025
- Business
- Yahoo
ARIS MINING REPORTS Q1 2025 GOLD PRODUCTION ACHIEVING 8% YEAR-OVER-YEAR GROWTH
VANCOUVER, BC, April 8, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) reports gold production of 54,763 ounces (oz) for the first quarter of 2025 (Q1 2025), with 47,549 oz from Segovia and 7,214 oz from the Marmato Upper Mine. Q1 2025 Gold Production Highlights: Positive trends across both the Segovia and Marmato operations, with a total gold production of 54,763 oz in Q1 2025, up 8% compared to 50,767 oz in Q1 2024. Q1 2025 production reflects strong operational momentum heading into 2025. With the commissioning of the expanded Segovia processing facility on track for Q2 2025, additional production growth is anticipated in the coming quarters. Aris Mining's 2025 full-year production guidance is between 230,000 to 275,000 oz, with Segovia expected to produce 210,000 to 250,000 oz and the Marmato Upper Mine expected to contribute 20,000 to 25,000 oz. *The Q1 2025 results provided in this news release are approximate and may differ from the final results to be included in the Company's 2025 interim financial statements and MD&A, which the Company expects to release in early May 2025. Neil Woodyer, CEO of Aris Mining, commented "We kicked off 2025 with strong momentum, highlighting our ability to effectively execute while advancing major growth initiatives. Q1 production came in slightly ahead of our budget target reflecting a solid operational start to the year. With the expanded Segovia processing facility set to be commissioned this quarter, we are well on track to deliver on our full-year production guidance of 230,000 to 275,000 oz." Chart 2: Segovia Operations – Quarterly Production Data Operating Information Q1 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 FY 2024 Tonnes processed (kt) 167 154 156 167 168 645 Tonnes per day (tpd) 1,966 1,817 1,834 1,940 1,949 1,885 Average gold grade processed (g/t) 9.37 9.42 9.14 9.23 9.84 9.41 Recoveries (%) 96.1 % 95.6 % 96.0 % 95.9 % 96.6 % 96.0 % Gold produced (ounces) 47,549 44,908 43,705 47,493 51,477 187,583 Gold sold (ounces) 47,390 45,288 43,366 48,059 50,409 187,122 Chart 3: Marmato Upper Mine – Quarterly Production Data Operating Information Q1 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 FY 2024 Tonnes processed (kt) 74 62 61 70 60 254 Average gold grade processed (g/t) 3.32 3.27 3.18 3.06 3.61 3.28 Recoveries (%) 91.7 % 90.2 % 89.2 % 89.4 % 90.7 % 89.9 % Gold produced (ounces) 7,214 5,859 5,511 6,115 5,887 23,372 Gold sold (ounces) 6,891 5,756 6,103 5,710 5,925 23,494 *The Q1 2025 results provided in this news release are approximate and may differ from the final results to be included in the Company's 2025 interim financial statements and MD&A, which the Company expects to release in early May 2025. About Aris Mining Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry. Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold following the ramp-up of the Segovia mill expansion, expected during the second half of 2025, and the new Marmato Lower Mine, which is expected to start ramping up production in the second half of 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where studies are underway on a new, smaller scale development plan, with results expected in mid-2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, further diversifying its asset portfolio. Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry. Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification. Additional information on Aris Mining can be found at and on Forward-Looking Information This news release contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements, including, without limitation, statements relating to the timeline and potential benefits of the expanded Segovia processing facility; the Company's 2025 production guidance; and statements included in the "About Us" section of this news release relating to the Segovia Operations, the new Marmato Lower Mine and the Soto Norte project. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's Annual Information Form dated March 12, 2025 which is available on SEDAR+ at and in the Company's filings with the SEC at These factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 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Yahoo
25-02-2025
- Business
- Yahoo
One of My Largest Stock Positions Just Hit an All-Time High. Here's Why I'm Not Selling a Single Share.
MercadoLibre (NASDAQ: MELI), the Latin America-focused commerce company that offers an e-commerce marketplace, payment solutions, credit products, and more, recently skyrocketed to a fresh all-time high after reporting its latest results. Not only did it grow faster than investors had expected, but the numbers look strong throughout the business and investors seem relieved by the company's excellent profitability. With that in mind, here's a rundown of the latest results from this incredible business, why investors' fears from the previous earnings report have been calmed, and why I'm not selling a share even though MercadoLibre is one of the largest investments in my stock portfolio. MercadoLibre handily beat expectations on both the top and bottom lines. Earnings per share in particular came in well ahead of what analysts were looking for. And beyond the headline numbers, MercadoLibre's results look impressive throughout its business. The fourth quarter is seasonally strongest for MercadoLibre (and most other companies that rely on consumer spending). But even compared with last year's fourth quarter, a 27% increase in items sold on the marketplace and a 33% increase in total payment volume through Mercado Pago show excellent momentum in the business. The company's young but fast-growing credit portfolio (credit cards, lending, etc.) grew by 74% year-over-year. Plus, all of MercadoLibre's markets are performing well. The overall 27% increase in items sold on the marketplace comes from a double-digit growth rate in every single one of the company's core markets, including a 30% growth rate in the massive Brazil market. MercadoLibre's logistics platform is becoming far more efficient, which has helped increase engagement, with the average buyer shopping more than they did a year ago. When MercadoLibre issued its third-quarter earnings report a few months ago, the stock took a dive. The main reason for this was profitability concerns. Between capital that was reinvested in growth, as well as a somewhat alarming increase in "bad debt" losses, investors worried about the company's ability to grow on the bottom line. Just to quickly recap, MercadoLibre's net margin fell to 7.5% in the third quarter from 9.1% a year prior. Its operating margin was under pressure as well, and the fact that the single largest contributing factor was a rise in bad debt due to the rapid growth of the credit portfolio frightened investors. However, these fears have been calmed after the fourth-quarter results. Not only did the company's net margin jump to 10.5%, but operating margin rebounded sharply as well. MercadoLibre had its most profitable quarter ever. And while bad debt was still a factor, it had a lesser impact than in the third quarter -- despite the credit portfolio growing 10% sequentially and 74% year-over-year. Plus, the credit portfolio's net interest margin after losses increased 340 basis points compared to the third quarter and delinquency rates dropped significantly. As mentioned, MercadoLibre is one of the largest investments in my own stock portfolio, but I think it's still in the relatively early chapters of its growth story. E-commerce adoption is still in an earlier stage in some of MercadoLibre's largest markets, and the same is true of cashless payments. The MELI+ subscription product (similar to Amazon Prime) is still ramping up, and as more services -- such as the credit card product in Brazil and Mexico -- roll out, it creates opportunities for cross-selling and deeper relationships with customers. In MercadoLibre's least-stable core market, Argentina, macro trends are finally improving, and the company intends to ramp up its investment in growth. There are other encouraging potential revenue drivers that are still young, including MercadoLibre's advertising business, which grew revenue by 41% year-over-year in the fourth quarter. The bottom line is that MercadoLibre's ecosystem is still very much in growth mode. The markets where it operates have tremendous potential and I'm excited to watch the next few years of the company's evolution. Before you buy stock in MercadoLibre, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and MercadoLibre wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $823,858!* Now, it's worth noting Stock Advisor's total average return is 917% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of February 24, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Matt Frankel has positions in Amazon and MercadoLibre. The Motley Fool has positions in and recommends Amazon and MercadoLibre. The Motley Fool has a disclosure policy. One of My Largest Stock Positions Just Hit an All-Time High. Here's Why I'm Not Selling a Single Share. was originally published by The Motley Fool
