Aris Mining Reports 256,503 Ounces Gold Production in 2025, Forecasts 300,000-350,000 Ounces in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
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Source: Newsfilter
- 2025 Production Growth: Aris Mining achieved gold production of 256,503 ounces in 2025, representing a 22% increase over 2024, exceeding the midpoint guidance of 230,000-275,000 ounces, highlighting the effectiveness of expansions at Segovia and Marmato.
- Strong H2 Performance: The company reported a production of 143,088 ounces in the second half of 2025, a 26% increase over the first half, driven by the installation of a second ball mill at Segovia, indicating successful capacity enhancement.
- Robust Cash Flow: As of December 31, 2025, Aris Mining had a cash balance exceeding $390 million, net of $60 million used for acquiring the remaining 49% interest in Soto Norte, demonstrating financial stability during its expansion phase.
- Future Growth Potential: The company expects gold production to reach between 300,000 and 350,000 ounces in 2026, primarily due to ongoing ramp-up at Segovia and the commissioning of the new CIP plant at Marmato, indicating significant progress in its multi-asset gold producer strategy.
Analyst Views on ARMN
Wall Street analysts forecast ARMN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARMN is 16.02 USD with a low forecast of 15.48 USD and a high forecast of 16.56 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 20.260
Low
15.48
Averages
16.02
High
16.56
Current: 20.260
Low
15.48
Averages
16.02
High
16.56
About ARMN
Aris Mining Corporation is a Canada-based South America-focused gold mining company. The Company operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Complex. In Guyana, the Company owns the Toroparu gold project. The Company also owns the Soto Norte gold project. The Segovia Operations are 100% owned by the Company and located in a historic mining district of Colombia. The operations include four underground mines and two processing facilities. The Marmato Complex is 100% owned by the Company and is located in a historic mining district of Colombia. The Marmato Complex comprises two distinct zones: Narrow Vein Zone and Bulk Mining Zone. The Narrow Vein Zone is an underground mine in operation. The Bulk Mining Zone is under construction. The Toroparu Project is a 100%-owned, advanced-stage open pit gold project in Guyana. The Soto Norte Gold Project is located in the historic California - Vetas mining district of Colombia’s Santander Department.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








