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Aris Mining Corporation - TPRFF STOCK NEWS

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Aris Mining Corporation (TPRFF) is a Canadian company operating in the mining sector, focusing on gold production in the Americas. The company operates high-grade underground mines at its Segovia Operations and the Marmato Mine, with plans for expansions and new projects. Aris Mining's recent achievements include receiving approval for the Marmato Lower Mine and achieving record gold production at its Segovia Operations. The company is committed to sustainable practices and community partnerships in its operations.

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Gran Colombia Gold Corp. has declared a monthly dividend of CA$0.015 per common share, payable on December 15, 2021, to shareholders of record as of November 30, 2021. The company continues to affirm its status as a leading gold producer in Latin America, particularly through its high-grade Segovia Operations in Colombia. Additionally, Gran Colombia maintains significant equity interests in several other mining entities, reinforcing its strategic position in the gold and silver market.

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Gran Colombia Gold Corp. (TPRFF) released its unaudited interim financial results for Q3 2021, reporting gold production of 49,848 ounces, down from 51,555 ounces in Q3 2020. Total consolidated revenue stood at $90.7 million, a decline compared to $113.1 million last year. Adjusted EBITDA was $39.9 million, down from $56.7 million in Q3 2020. The company’s cash position improved to $329.6 million following a $300 million Senior Notes offering. Gran Colombia maintains its production guidance for 2021 at 203,000 to 210,000 ounces.

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Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced a monthly dividend of CA$0.015 per share, payable on November 15, 2021, to shareholders of record by October 29, 2021. Additionally, the company initiated a Normal Course Issuer Bid (NCIB) to repurchase up to 9,570,540 shares, representing 10% of the public float, over a year starting October 20, 2021. Gran Colombia aims to enhance shareholder value amidst its ongoing operations as the largest underground gold and silver producer in Colombia and is advancing projects in Guyana.

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Gran Colombia Gold Corp. (OTCQX: TPRFF) reported gold production of 17,213 ounces in September 2021, totaling 49,848 ounces for Q3 2021, a slight decrease from 51,555 ounces in Q3 2020. Silver production rose to 52,382 ounces in Q3 2021, up from 47,560 ounces a year prior. Year-to-date, gold and silver output increased to 151,104 ounces and 164,270 ounces, respectively. The company continues to maintain production guidance of 200,000-220,000 ounces for the year. At Q3's end, Gran Colombia had a cash position of approximately US$329 million, including net proceeds from recent financing.

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Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) reported production of 17,377 ounces of gold and 17,915 ounces of silver in August 2021, totaling 133,891 ounces of gold and 144,796 ounces of silver for the first eight months. The Maria Dama plant processed 50,245 tonnes, averaging 1,621 tpd. The company expects to produce between 200,000 and 220,000 ounces of gold for 2021. A monthly dividend of CA$0.015 per share will be paid on October 15, 2021, to shareholders on record as of September 30, 2021.

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Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) has appointed Ms. Belinda Labatte to its Board of Directors. Labatte brings extensive experience in the extractive industry and public companies, complementing the board's diversity and industry expertise. The company has also declared a monthly dividend of CA$0.015 per common share, payable on September 15, 2021, to shareholders of record by August 31, 2021. Gran Colombia, the largest underground gold and silver producer in Colombia, continues to focus on growth through diversification and ESG principles.

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Gran Colombia Gold Corp. (TPRFF) reported strong financial performance for Q2 and H1 2021, with revenue increasing to $96.4 million and $198.3 million, respectively, compared to $77.1 million and $178.1 million in 2020. Net income soared to $29.8 million ($0.41 per share) for Q2, rebounding from a loss in 2020, and $148.1 million ($2.31 per share) for H1. The company completed the acquisition of Gold X Mining and raised $300 million through a bond offering to support the development of the Toroparu Project. However, cash costs rose, impacting free cash flow.

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Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) reported a total gold production of 16,789 ounces in June 2021, leading to a second-quarter total of 52,198 ounces, up from 44,377 ounces in Q2 2020. Silver production also increased to 54,573 ounces. The company expects to meet its annual guidance of 200,000 to 220,000 ounces. Cash reserves stood at approximately US$57 million. A monthly dividend of CA$0.015 per share will be paid on August 16, 2021.

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Gran Colombia Gold Corp. (OTCQX: TPRFF) announced significant high-grade gold intercepts from 59 diamond drill holes totaling 10,229 meters at the El Silencio mine. This infill drilling campaign aims at resource definition within the mine. New discoveries include the 1040 Vein with grades of 137.44 g/t Au and 10.1 g/t Ag, and the 1150 Vein with 93.19 g/t Au. The ongoing drilling program is part of a larger 23,000-meter initiative, enhancing confidence in resource expansion and mine life extension at Segovia Operations.

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Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced positive results from its Phase 2 diamond drill program at the Toroparu Project in Guyana. The 10,494-meter program confirmed a 4-kilometer strike length of high-grade gold structures, with grades ranging from approximately 5 g/t to greater than 20 g/t Au. Significant intercepts were achieved across 27 of 42 holes. The company aims to update the mineral resource estimate and conduct a preliminary economic assessment (PEA) later this summer, bolstering confidence in the project's potential value as a cornerstone asset.

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FAQ

What is the market cap of Aris Mining Corporation (TPRFF)?

The market cap of Aris Mining Corporation (TPRFF) is approximately 332.0M.

What is Aris Mining Corporation focused on?

Aris Mining Corporation is focused on gold production in the Americas, operating high-grade underground mines and pursuing new projects.

What recent achievements has Aris Mining Corporation made?

Aris Mining Corporation recently received approval for the Marmato Lower Mine and achieved record gold production at its Segovia Operations.

What is Aris Mining Corporation's commitment to sustainability?

Aris Mining Corporation is committed to sustainable practices and community partnerships in its mining operations.

Where can I find more information about Aris Mining Corporation?

Additional information on Aris Mining Corporation can be found at www.aris-mining.com and www.sedarplus.ca.

Aris Mining Corporation

OTC:TPRFF

TPRFF Rankings

TPRFF Stock Data

332.02M
120.06M
6.09%
25.72%
Gold
Basic Materials
Link
Canada
Vancouver