Aris Mining’s expansion of its two Colombian mines will start delivering increased output as soon as this year. Consolidated gold production is projected to rise to between 230,000 and 275,000 oz. in 2025, Vancouver- and Bogota-based Aris said in its fourth-quarter earnings report in March. This compares with 210,955 oz. last year.
“Aris Mining is on track to more than double annual production to 500,000 oz., and we have the means and the team to deliver that growth,” CEO Neil Woodyer. The company is increasing the throughput capacity by 50% of its processing plant at Segovia, its biggest mine and one of the highest-grade mines in the world, with an average reserve grade of 10.8 grams per tonne. Commissioning of the expanded processing facility is scheduled for this year’s second quarter, with the installation of the second ball mill underway, Woodyer added.