Aris Mining Corporation
ARISAris Mining Corporation together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company holds interests in the Segovia operations comprising the El Silencio, Providencia, and Sandra K underground mines located in Colombia. It also owns interest in the Zancudo project located in the Titiribí mining district of Antioquia. In addition, the company holds interests in the Marmato project in Colombia; Juby project located in Ontario, Canada; and Toroparu project in the western Guyana gold district. The company was formerly known as Gran Colombia Gold Corp. and changed its name to GCM Mining Corp. in November 2021. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation on September 26, 2022. Aris Mining Corporation is headquartered in Toronto, Canada.
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Key Information
Legal Entity
Aris Mining Corporation
Sector
Precious Metal
Founded
August 8, 1996
Employees
2,081
Reporting Currency
CAD
Contact Phone
416 360 4653
Website
www.gcm-mining.comHeadquarters Address
401 Bay Street , Vancouver , ON M5H 2Y4 , CA
Identifiers
ISIN
CA04040Y1097Commodity Portfolio
Stock Exchanges
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Videos
Beaver Creek 2026 - Best Stocks
Key Highlights
detailed- Durrett says his earlier worry about permits at the Soto Norte project in Colombia has eased because conditions in the country have turned clearly positive.
- He expects the company to build two large mines this decade and describes a lot of production growth alongside strong free cash flow.
- He says the Guyana project adds a second source of growth, and expects the three main growth names not to print as 10-baggers.
- Colombian jurisdiction caps his grade - he says a top 3-5 rating is possible but an A is unlikely, because of where the assets sit.
- He notes insider ownership of only about 12% but does not expect anyone to pursue a takeover.
Gold at $4,100 anchors his buy-the-dip plan: add again below $4,000, and again below $3,700. His Beaver Creek list holds 37 stocks, all rated as tenbaggers (ten-times-plus targets), with seven winners out of ten as the goal. He grades risk-reward by letter and number; near-term producers screen best, while late-stage projects carry more risk. Discovery Silver and Osisko Gold Group lead his Canadian gold picks, and Silver X's 250 million ounce resource lifted the grade. Low insider ownership makes Andean Silver, Talisker and Avino the likeliest takeover targets on his list.
Denarius Metals: Concentrate Sales Targeted for Early 2027 at Zancudo
Key Highlights
brief- Davies cites Aris Mining (now a $3 billion company) as Serafino Iacono's prior success story, with the Marmato project previously permitted and handed over to Aris before Denarius pursued Zancudo
Denarius targets commercial concentrate production at Zancudo by early 2027, with plant installation underway and Q3 output tracking 50% above Q2. CFO Mike Davies projects 7,000-10,000 payable ounces of gold this year and 25,000-30,000 next year, with current margins running 35-40%. Trafigura is both a seven-year offtake partner and roughly 15% shareholder, after stepping up via an August placement that funded Denarius's stake in Copper Giant. Gold payability should jump from about 65% on crushed rock to 90% once concentrate shipments start, lifting gold to ~95% of Zancudo revenue. In Spain, a 22% JV in the permitted Aguablanca plant is targeted to restart by mid-2027, with 100%-owned Lomero about two years behind it.
Robert Vallis of Tiger Gold Corp. presents at Metals Investor Forum in Vancouver | Sep 2026
Key Highlights
brief- Vallis says Aris Mining's Marmato mine produces 250,000 ounces a year and is scaling toward more than 500,000 by the end of the year, per announcements early this year.
- He cites Marmato, 25 kilometers from Tiger Gold's ground, as one of the industry's most valuable gold projects.
CEO Robert Vallis says Tiger Gold has doubled its market cap since listing and runs three drill rigs across its Colombian gold projects. Vallis targets doubling resources from 2 million to at least 4 million ounces by year-end, with two new MREs (Mineral Resource Estimates) due in Q1. The speaker cites a PEA (Preliminary Economic Assessment) showing over $500 million post-tax NPV and 36% IRR at $2,650 gold. 15,000 meters of the expanded 19,500-meter drill program targets Seabell, a new discovery the speaker sizes at least as large as Tesorito (1.5 million ounces). Vallis argues Colombia is an emerging tier-one gold jurisdiction, citing neighbors Aris Mining's Marmato and Collective Mining's discoveries.
#1 Digging for Dollars: Has the Junior Mining Market Finally Broken Its Months-Long Slump?
Key Highlights
brief- One host argues Aris Mining is showing there is real appetite for the region and that people will be surprised by what the company is doing there.
- He recalls the Aris team telling him soil samples cost about a dollar each, and says they bought in cheaply and are pushing that low-cost approach further.
Junior capital has not followed copper's record prices: the venture index is down about 6% while gold funds rise. Real money is concentrating in brownfield projects with existing infrastructure rather than early-stage exploration drilling. The hosts call visual assay photos selective disclosure: without assays or a comparable earlier hole, the images mislead. Oxide gold changes the math: a million ounces grading a gram is a cheap, simple mine, not a starter project. The closing pitches favor a management-led revaluation at Hercules Metals and a contrarian bet on Mogotes Metals.
Frank Giustra: This Is a Forever War. Own Gold and Copper
Key Highlights
detailed- Giustra says his Colombian gold company Aris Mining, which he helped create six or seven years ago, is positioned to become the country's biggest gold producer, with roughly 500,000 ounces expected on a run-rate basis this year (as of September 2026) rising toward 1 million ounces once two more mines enter production over the next four to five years.
- He cites 20-year mine lives and says the Segovia mine grades about 11 grams per tonne, which he calls the second-highest grade of any operating gold mine in the world.
- He says he is simply holding on as the share price has gone from $3 to $30, arguing that a long mine life plus grade means there is no reason to trade the position.
- He presents Aris as the template for his gold advice: own assets with size, grade, and long mine life, and be patient.
Frank Giustra argues a forever war with Iran plus a NATO-Russia standoff keeps energy costly, feeding inflation, currency debasement, and gold demand. Sanctions on Russian reserves pushed China and the BRICS toward a parallel, gold-backed settlement system he expects to entrench gold in monetary architecture. Copper faces a supply shock from decades of underinvestment and falling grades just as AI, defense, and grid demand rise, so prices must go higher. His junior screen is size, grade, location, and politics: buy early and large, then hold, because majors must acquire scarce quality copper deposits. With US debt beyond repair, he holds hard assets: locked-up shares in Copper Giant and Aris Mining's high-grade Segovia gold operation.
Robert Eckford: Why Gold Will Keep Running for Another 5 Years
Key Highlights
detailed- Robert was CFO and helped found Aris Mining in 2020 with CEO Neil Woodger, growing it from $20M to roughly $1B through organic and inorganic moves before leaving in April 2024
- The Colombia thesis was built as a jurisdictional arbitrage — the team believed Colombia was a better jurisdiction than the market was pricing — after previously selling Leer Gold to Equinox
- During Robert's tenure Aris operated two producing mines and two development projects and rang the bell on the New York Stock Exchange
- Aris is currently completing a roughly $400M build of the Mamato project, a stage Robert says he lived through from planning to construction startup; Aris COO Richard Thomas has since joined Rua's board
Robert Eckford argues gold has another 3-5 years of upside as US deficits persist across parties and central banks keep buying. Central banks are price-agnostic, multi-year gold buyers, and institutions that follow them push equities to catch up to the metal. Rua Gold ran a small PEA early so New Zealand would fast-track a six-month permit for Old Creek inside the Reefton district. A hub-and-spoke plan turns Old Creek into the first mine feeding a central mill, with Glamorgan as high-upside exploration leverage. Roughly $29.5M cash and no warrant overhang let Rua plan $130-150M of project financing and a 2027 Reefton build decision.
Gold Prices Are Turning Projects Into Billion-Dollar Assets | Robert Vallis - Tiger Gold
Key Highlights
brief- The guest points to Aris Mining as a nearby Colombian producer scaling to over 500,000 ounces annually by end-2026, calling it one of the most valuable and notable gold projects on the planet.
- The host cites Aris as a stock that has done phenomenally well over the last few years, positioning it as a successful district peer for Tiger Gold.
Tiger Gold CEO Robert Vallis frames higher gold as a structural safe-haven bid, with China buying unprecedented amounts alongside other central banks. The Quinchía project's PEA (Preliminary Economic Assessment — a scoping-level mining study) implies a ~$2B post-tax NPV at near-current gold prices. Drilling at Ceibal and Tesorito aims to roughly double the current 2 Moz resource base; deeper probes are also testing for porphyry-style mineralization. Hydro power, paved roads, and skilled labor near Quinchía are pitched as construction enablers that lower unit costs for a planned ~140 koz/yr operation. The guest says the new Colombian government should add permitting stability, with foreign investment continuing to flow into the country's gold district.
StoneX, Vincent Deluard: I Expect a Major Equity Correction This Fall
Key Highlights
brief- The guest mentions Aris Mining as Colombia's largest gold producer, co-founded by Frank Giustra.
- Giustra's role in co-founding Aris Mining is cited as the in-country expertise he brings as Copper Giant's largest backer and shareholder.
Vincent Deluard argues fiscal authorities have captured the Fed — 6–7% deficits at low unemployment act as permanent stimulus, blocking recessions. He reframes the 1990s Great Moderation as luck — low debt, peak boomers, deflationary China WTO shock — and warns Kevin Warsh will disguise financial repression. Deluard calls the US 'one giant bet on AI' and warns a doom loop — rising yields, falling Mag-7 valuations, shrinking cap-gains tax revenue — could spark an autumn equity correction. His five-year advice: strip long-duration Treasuries from a 60/40, replace with precious metals, mining, energy, commodities; real yields of 2.5–3% now justify a small long-duration re-entry. Gold is his core reserve asset; silver is 'gold on steroids'; copper is a supply-constrained industrial; oil is a geopolitical hedge even without a bullish price call.
SILVER Stocks Set to Go Berserk - 'These Companies Are Printing Cash': John Feneck
Key Highlights
brief- Named as a major holder of the Denarius Metals share issuance used to retire company debt in July; speaker argues this 'strong hands' absorption is part of why the price recovered.
Silver producers with AISC around $30 are minting cash at $70 silver, says Feneck — he sees $100/oz by next year. Treasury buybacks announced August 19 plus weak US jobs data triggered a sharp precious-metals rally through August. Feneck highlights Pan American Silver, Excellon Resources, Denarius Metals, Goldgroup, iMetal, Spartan Metals, and ANKOR Resources as top names. He expects a 15–20% S&P correction by Q1 2027 and recommends keeping 8–10% cash on hand for drawdowns. Investors should remember mining stocks typically fall with the broader market, even when individual company fundamentals are strong.
Barry Eichengreen: What History Reveals About the Dollar’s Future
Key Highlights
brief- The host notes that Frank Gustra, Copper Giant's largest shareholder, previously co-founded Aris Mining, Colombia's largest gold producer, providing in-country expertise relevant to Copper Giant's Makoa project
- Aris Mining is positioned in the transcript as the Colombia mining success story behind the Copper Giant leadership team
Barry Eichengreen outlines three preconditions for international currency status — economic strength, stable polity, and power projection. Digital technology is eroding the network effects that historically locked in incumbent reserve currencies, including the dollar. Neither the euro nor the Chinese renminbi can currently fill the dollar's role at scale if confidence collapses. The US may be betting on the wrong horse by backing fiat-linked stablecoins over tokenized bank deposits and CBDCs. Most of gold's rising share in central bank reserves is a price effect, not active buying, limiting its monetary utility.
Live Q&A with Rick Rule and Albert Lu
Key Highlights
brief- Rule rates Aris Mining (ARIS) a 4, calling it an existing producer with the financial and physical resources to substantially grow free cashflow over the next five years.
- He contrasts ARIS with the also-4-rated Aris Minerals (ARRAS), calling the latter a much more speculative drill-hole play; he owns both companies but for different reasons.
Reading offering documents and 10-Ks is essential; Rick Rule uses a condo contract story to illustrate capital stack diligence. Rick rates First Mining Gold's Spring Pole a 6, and Agnico Eagle's Radisson stake validates Abitibi infrastructure economics. Lotus Resources' Chialecra uranium deposit isn't buildable at $80/lb given East African political and economic challenges, Rick says. Inversion technique: avoiding Doug Casey's 'gotta hunch, bet a bunch' is the surest way to fail in natural resources. In deleveraging equity plays, Rick waits for net present value of assets to exceed enterprise value before buying.
Lab Report | Aug 20 Deep Dive on Contango Silver & Gold
Key Highlights
brief- One of the host's three mid-tier picks, described as in a similar category to Alamos and on track to graduate to a major within about a year, further thinning the mid-tier field.
Contango eliminated its hedge book near $4,000 gold, restoring shareholders' complete exposure to gold price upside. High-grade projects using a direct shipping ore model — rock sent to existing mills — avoid tailings dams, big capital, and slow permitting. Moncho cash flow from the 70/30 joint venture operated by Kinross self-funds seven drill rigs and Johnson Track roadwork on a 33-million-share count. On the speaker's valuation yardstick of $500 million to $2 billion per 100,000 ounces produced, Contango screens cheap against its project portfolio. Decades of consolidation emptied the mid-tier ranks, leaving few growth producers positioned for the next stage of the gold bull market.
David Morgan: US Debt Hits $40T - Treasury Doubles Long-End Buybacks
Key Highlights
brief- The host notes that Copper Giant's largest backer Frank Gustra co-founded Aris Mining, described as Colombia's largest gold producer, presenting that as evidence of in-country expertise and execution credibility.
Treasury doubles long-end buybacks from $2B to ≥$4B per operation to manage a yield curve strained by $40T debt. Morgan aligns with Jim Sinclair's two-step path: an unbacked digital/MMT system tried first, then a gold-linked reset once confidence is lost. Silver's industrial share has nearly doubled from 35% to ~60% over 25 years while mine-plus-recycled supply has plateaued near 1 billion ounces a year. AI private credit backed by rapidly depreciating GPU hardware mirrors 2008 — opaque valuations on assets that lose value faster than loan schedules allow. Buy physical gold and silver first; mining equities across majors, mid-tiers, and producers remain undervalued and offer the leverage if metals revalue.
Lab Report | Aug 17 Daily Market Overview & Deep Dive on Banyan Gold, Contango, and Equinox Gold
Key Highlights
brief- Aris is named once, inside the host's own coverage list: after the Orla combination he is "down to three, which is Alamos, Aris, and Equinox", and he expects that remaining group to move up a size "over the next year or two". The video offers no Aris-specific asset, financial or operational detail.
Debt-service math points to rate cuts rather than the September hike markets price, which is why the host stays bullish gold, silver and copper. A discovery-to-production pipeline he calls broken leaves gold, silver and copper with weak supply chains against strong demand. Banyan Gold rose 6.3% on a 13.03 grams-per-tonne gold intercept over 14.2 metres at a road-accessible Yukon project. Contango Silver and Gold is a preview: the host expects the junior to graduate into a well-run mid-tier with a cash-rich balance sheet. Equinox Gold’s South Railroad permit milestone adds 800,000 ounces a year and, on the host’s view, moves it from mid-tier toward major.
'Extremely Bullish' on COPPER - 'There's Not Enough Mines' as Demand SOARS
Key Highlights
brief- Adams notes the greenstone gold discovery he worked on early in his career in Guyana (Tora Paro, ~7.1M ounce M&I resource) is now being advanced by Aris Mining
Aging flagship copper mines like Bingham Canyon and Grasberg outlast a thin pipeline of major new discoveries, anchoring a long-term supply squeeze. Sulfide and laterite are not interchangeable nickel ores — North American sulfide concentrates are cleaner and favored for battery and stainless-steel markets. Visionary Metals secures a major strategic backer — Teck (14% owner) can earn up to 70% in two Wyoming nickel-copper projects by spending on exploration. Per the guest, junior miners rerate hardest on first discovery — small $10–20M valuations can leap to $100–200M after a meaningful drill intercept. US critical-metals policy is no longer just talk: Fast 41 speeds permitting while the Departments of War and Energy put real funding behind domestic projects.
Joe Mazumdar: Gold Equities Leverage, Copper Opportunity & What Majors Want | Exploration Insights
Key Highlights
brief- Aris Mining is described as Colombia's largest gold producer, co-founded by Frank Giustra, which underpins his in-country expertise backing Copper Giant.
Gold equities delivered roughly 3x leverage during last week's US-led move, with US-listed names capturing the bulk via equity ETF flows. Major producers are returning cash via buybacks and dividends while funding M&A with shares, not organic development, but reserves keep depleting. Mazumdar calls copper the most attractive critical mineral because of its liquidity and structural supply constraints, favoring mid-tier over billion-ton assets. A development project attracts major-buyer interest only when it fits the buyer's suit: mining method, jurisdiction, infrastructure, and management all shrink the suitor list. A potential Barrick split-up would trigger another 12-18 month divestiture cycle that historically stalls developer M&A activity across the sector.
Metalsource Mining's ($MSM | $MSMMF) Silver Hill Project: Drill Results & What's Next
Metalsource Mining's Silver Hill project has produced a standout drill hole grading 48 g/t gold over 12.6 meters within its first 21,000 feet of drilling. Lead-zinc base metals at Silver Hill act as the project's economic backbone while gold and silver are by-product credits — a mix the CEO says institutional investors prefer. Property-wide IP survey suggests Silver Hill's mineralized trend may extend along roughly 2.4 kilometers of strike beyond the original mine footprint. Both Silver Hill and Bird Pilot sit on private land in mining-friendly North Carolina, removing the permitting risk that has stalled other junior explorers. Cullen says Metalsource has $4 million in cash, Eric Sprott as its largest shareholder, and no need to raise before seasonal strength in Q1.
Silver47 Exploration ($AGA | $AAGAF) on Red Mountain's Critical Mineral Potential & Path to 2027 PEA
A 22-cent EV per ounce on Silver47 Exploration's 246M silver-equivalent ounces screens 2-10x below peers like Blackrock Silver, framing a clear valuation gap. The CEO argues most ounces are inferred, but three high-grade US projects (Red Mountain, Hughes, Mogollon) underpin a 1B-oz aspiration and a 2027 PEA. With $45M Canadian in working capital and four rigs running, Silver47 plans roughly 20,000 meters of 2026 drilling across Alaska, Nevada, and New Mexico. Co-hosts Don Duret and John Fenwick frame a deep correction in US silver developers as a contrarian bottom-fishing setup before a potential second leg up. Near-term producers like 1911 Gold, Denarius, and LaHontan anchor a broader US silver thesis alongside Silver47, all riding a bipartisan critical-mineral policy tailwind.
Alasdair Macleod: China Ends Retail Paper Gold & Opens the Floodgates
Key Highlights
brief- The sponsor segment notes that Frank Giustra, Copper Giant's largest backer, co-founded Aris Mining, Colombia's largest gold producer, giving the Copper Giant team in-country Colombian expertise.
Hong Kong's new gold clearing system, free mainland-Hong Kong gold flows, and the end of retail paper gold point to a coordinated Chinese plan. Macleod argues China has quietly accumulated state gold off-balance-sheet since the 1980s to protect the yuan from a failing Western fiat system. New vaults that swap yuan for gold could let China fix the yuan to gold and replace Western paper markets. Japan's 240 percent debt-to-GDP and Chinese Treasury selling point to rising US yields that only renewed money printing can fund. His advice: exit credit and hold physical gold and silver in possession, the only assets without counterparty risk.
#106 Digging for Dollars #34 How IDEX Metals Outbid Majors in Idaho & Rio Tinto’s Move on Mogotes
Key Highlights
brief- The host names Aris as the newest and best-known asset in Kazakhstan, with a market cap of roughly $200M after drilling a 1,000 m hole at nearly 0.7% copper equivalent.
- He uses it as the benchmark for judging Mogotes' newly acquired Kazakhstani property, which he says has multiple 1,000 m intercepts above 0.7% copper equivalent, while flagging Kazakhstan as cheap to operate but a questionable jurisdiction.
Rio Tinto's C$21 million investment in Mogotes at a 75-cent premium wiped out the financing overhang that had capped the stock. Counting warrants and options, Mogotes works out near $250 million fully diluted, against $4.5 billion Filo and NGEx next door. IDEX's tungsten reassay added 0.11% to 180 metres of 0.6% copper, lifting the interval to 1.87% copper equivalent. The guest argues tungsten lifts a critical copper project into a polymetallic resource, using conservative prices and a mid-range recovery. IDEX took 28,000 Idaho acres at a state lease auction after majors arrived unable to bid because they were not properly registered.
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