Aris Mining Corporation announced a significant construction milestone at its Marmato gold mine, with the underground development cross-cut connecting the new surface decline to existing workings, supporting the expansion project on schedule for first gold in Q4 2026.
Key takeaways
The Marmato underground development cross-cut breakthrough connects new surface decline to existing workings, establishing continuous underground access.
This milestone supports next phases of mine development, infrastructure installation, and operational readiness for the Marmato bulk mine.
Marmato expansion remains on schedule for first gold production in Q4 2026, with the new 5,000 tonne per day CIP plant under construction.
Following expansion and ramp-up, Marmato and Segovia together are expected to deliver approximately 500,000 ounces of gold production per year.
Aris Mining's portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production from key projects including Soto Norte and Toroparu.