VANCOUVER,
BC, Aug. 9, 2023 /CNW/ - Aris Mining
Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF)
announces financial and operating results for the three and six
months ended June 30, 2023 (H1 2023).
All amounts are in US dollars unless otherwise indicated.
Aris Mining CEO Neil
Woodyer stated: "Since the merger with GCM Mining in
September 2022, Aris Mining has been
making continuous progress in the integration and transformation of
our Colombian operations. We've been diligently advancing our
growth projects by closely collaborating with local stakeholders.
With the acquisition of permits and secure funding in place, we are
poised to commence construction on the Marmato Lower Mine project
in late Q3 2023.
Additionally, our efforts are focused on driving
forward the Soto Norte project. Notably, this project has recently
received confirmation of its location outside the Páramo de
Santurbán, a protected area of the Andes mountains. This
affirmation comes after a favorable delimitation process completed
in June 2023, involving local
communities and government authorities in the four municipalities
associated with the project.
During the six-months ending on June 30, we achieved significant milestones. Our
gold sales reached 103,386 ounces, resulting in $68 million in income from mining operations. A
particular emphasis of our operations review has been on the
Segovia Operations business structure. Here, approximately 55% of
our production stems from the traditional 'owner-operated' mining
approach, while the remaining 45% originates from
'partner-operated' mining. This partner-operated mining category
encompasses our contractor workforce as well as the acquisition of
mill-feed from artisanal and small-scale miner units.
Our 'for-profit' partnerships with
community-based groups introduce two distinct operating cost
structures at the Segovia Operations. During H1 2023, the all-in
sustaining costs from our owner-operated mining operations were
$1,007 per ounce of gold1.
In contrast, the AISC from partner-operated mining operations was
$1,236 per ounce of gold1.
It's notable that our partner-operated cost structure primarily
hinges on a percentage of the spot gold price.
Anticipating an upswing in partner-operated
mining activities for the latter half of 2023, we have developed
projections based on an average gold price of $1,900 per ounce. As a result, we are revising
our overall 2023 outlook for the Segovia Operations AISC to a range
of between $1,125 and $1,175 per ounce of gold."
Operations Review – H1
2023
- Total production of 104,906 ounces of gold from the Segovia
Operations (94,395 ounces) and the Marmato Upper Mine (10,511
ounces).
- Segovia Operations had attributable gold production from
owner-operated mining of 52,732 ounces at an AISC of
$1,007 per ounce, and 41,663 ounces
from partner-operated mining at an AISC of $1,236 per ounce.
- Income from mining operations of $68.0
million.
- EBITDA of $51.6
million1 and adjusted EBITDA of $78.2 million1.
- Expenditures of $30.9 million on
growth capital, including $10.2
million at the Segovia Operations, $11.3 million at the Marmato Upper and Lower
Mines, and $9.3 million at the
Toroparu Project1.
- Net earnings of $2.9 million or
$0.02 per share.
- Adjusted earnings of $26 million
or $0.19 per share1.
- Cash and cash-equivalents of $214.3
million as of June 30, 2023,
following a $52.9 million annual tax
payment in Q2 related to Segovia Operations taxable income from
2022.
Full Year 2023 Outlook
- To continue developing and expanding the 'partner-operated'
mining model across the Segovia Operations, Marmato Mine and
the Soto Norte Project. This commitment is rooted in our firm
belief that cultivating 'for-profit' community partnerships is the
most effective way to drive the sustained growth of our business
within the Colombian landscape; it not only bolsters the well-being
of those involved but also contributes to the broader objective of
responsible mining practices.
- Based on H1 production and H2 outlook (see table below), the
Segovia Operations are expected to produce between 195,000 and
210,000 ounces at an AISC of between $1,125 and $1,175
per ounce during 2023.
- The Marmato Lower Mine construction plan is expected to
allow the existing Upper Mine to continue producing gold in the
range of 20,000 to 30,000 ounces during 2023, in line with the
25,216 ounces produced in 2022.
- On a consolidated basis, Aris Mining expects to produce
between 220,000 and 240,000 ounces during 2023, which compares to
the previous guidance range of between 230,000 and 270,000
ounces.
Segovia Operations – Mid-year 2023 Outlook
|
H1
|
H2
Outlook
|
FY 2023
Outlook
|
|
Actual
|
Low
|
-
|
High
|
Low
|
-
|
High
|
Owner-operated mining
(ounces)1
|
52,732
|
57,000
|
-
|
66,000
|
111,000
|
-
|
118,000
|
Attributable
AISC/oz
|
$ 1,007
|
$ 950
|
-
|
$ 1,050
|
$1,000
|
-
|
$ 1,050
|
|
|
|
|
|
|
|
|
Partner-operated mining
(ounces)2
|
41,663
|
43,000
|
-
|
51,000
|
84,000
|
-
|
92,000
|
Attributable
AISC/oz
|
$ 1,236
|
$ 1,200
|
-
|
$ 1,300
|
$1,250
|
-
|
$ 1,300
|
|
|
|
|
|
|
|
|
Total Segovia
Operations
|
94,395
|
100,000
|
-
|
115,000
|
195,000
|
-
|
210,000
|
AISC/oz, total
mining operations
|
$
1,108
|
$
1,145
|
-
|
$
1,245
|
$
1,125
|
-
|
$
1,175
|
|
|
|
|
|
|
|
|
Previous 2023
production guidance for Segovia Operations
|
|
|
|
200,000
|
-
|
230,000
|
Previous 2023
AISC/oz guidance for Segovia Operations3
|
|
|
|
$950
|
-
|
$1,050
|
1.
|
Attributable production
from Company-operated areas within the mines, utilizing
owner-managed labour.
|
2.
|
Attributable production
from contractor-operated and other artisanal and small-scale mining
operations under contract to deliver the mill feed mined to the
Company's Maria Dama plant for processing.
|
3.
|
Previous 2023 AISC/oz
guidance was based on partner-operated mining operations costs
assuming a gold price of $1,700/oz
|
___________________________________________
|
1 Refer to
the Non-IFRS Measures section for a reconciliation of
AISC ($ per oz sold) EBITDA, adjusted EBITDA, adjusted earnings and
expenditures on growth capital to the most directly comparable
financial measure disclosed in the Company's Q2 2023 financial
statements.
|
Additional Q2 2023 and H1 2023 Financial and Operating
Highlights
|
|
Three months
ended
|
Three months
ended
|
Six months
ended
|
|
|
June 30,
2023
|
March 31,
2023
|
June 30,
2023
|
Gold sold
(ounces)
|
|
54,228
|
49,158
|
103,386
|
Gold produced
(ounces)
|
|
54,003
|
50,903
|
104,906
|
Average realized gold
price ($/ounce sold)
|
|
1,959
|
1,869
|
1,888
|
Gold Revenue
($'000)
|
|
106,239
|
91,863
|
198,102
|
Cash costs ($/ounce
sold)1
|
|
1,019
|
922
|
973
|
AISC – all operations
($/ounce sold)1
|
|
1,234
|
1,214
|
1,225
|
Income from mining
operations ($'000)
|
|
34,877
|
33,152
|
68,029
|
EBITDA
($'000)1
|
|
30,496
|
21,105
|
51,601
|
Adjusted
EBITDA ($'000)1
|
|
39,528
|
38,646
|
78,174
|
Net earnings (loss)
($'000)
|
|
8,258
|
(5,401)
|
2,857
|
Adjusted earnings
($'000)1
|
|
14,837
|
11,176
|
26,013
|
|
|
|
|
|
Earnings (loss) per
share – basic ($)
|
|
0.06
|
(0.04)
|
0.02
|
Adjusted earnings per
share – basic ($)1
|
|
0.11
|
0.08
|
0.19
|
Balance sheet, as at
($000s)
|
|
|
June 30,
2023
|
December 31,
2022
|
Cash and cash
equivalents
|
|
|
214,344
|
299,461
|
Total
assets
|
|
|
1,235,023
|
1,242,120
|
Total
debt2
|
|
|
|
|
Senior
Notes
|
|
|
300,000
|
300,000
|
Gold Notes
|
|
|
62,312
|
66,006
|
Convertible
Debentures
|
|
|
13,593
|
13,300
|
Shareholders'
equity
|
|
|
570,679
|
501,375
|
1.
|
Refer to the
Non-IFRS Measures section for full details on cash
costs ($ per oz sold), AISC ($ per oz sold), EBITDA, adjusted
EBITDA, adjusted earnings and additions to mining interests.
Comparative cash cost and AISC values have been adjusted from
amounts disclosed prior to Q3 2022 following a change in the
methodology used to calculate total cash costs ($ per oz sold) and
AISC ($ per oz sold) in Q3 of 2022.
|
2.
|
The principal of
current and long-term debt as at June 30, 2023 are as disclosed in
Note 10 to the Interim Financial Statements.
|
Aris Mining's Q2 2023 interim financial
statements and related MD&A are available on SEDAR+ and in the
Financials section of Aris Mining's website here.
About Aris Mining
Aris Mining is a Canadian company led by an
executive team with a track record of creating value through
building globally relevant mining companies. In Colombia, Aris Mining operates several
high-grade underground mines at its Segovia Operations and the
Marmato Mine, which together produced 235,000 ounces of gold in
2022. Aris Mining is currently advancing the Marmato Lower Mine
Expansion project, which will provide access to wider porphyry
mineralization below the current Upper Mine. Following completion
and ramp up of the Marmato Lower Mine Expansion project in 2025,
the Marmato Mine is expected to deliver average production of
162,000 ounces per year over a nearly 20-year mine life from the
existing mineral reserves2. Aris Mining also
operates the Soto Norte Project joint venture, where environmental
licensing is advancing to develop a new underground gold, silver
and copper mine. In Guyana, Aris
Mining is advancing the Toroparu Project, a gold/copper project.
Aris Mining plans to pursue acquisition and other growth
opportunities to unlock value creation from scale and
diversification.
Aris Mining promotes the formalization of
artisanal and small-scale mining as this process enables all miners
to operate in a legal, safe and responsible manner that protects
them and the environment.
Additional information on Aris Mining can be
found at www.aris-mining.com and www.sedarplus.ca.
Cautionary Language
Non-IFRS Measures
Cash costs ($ per oz sold), AISC ($ per oz sold),
EBITDA, adjusted EBITDA, adjusted (loss)/earnings and expenditures
on growth capital are non-IFRS financial measures and non-IFRS
ratios contained in this document. These measures do not have any
standardized meaning prescribed under IFRS, and therefore may not
be comparable to other issuers. For full details on these measures
and ratios refer to the "Non-IFRS Measures" section of the
Company's Management's Discussion and Analysis for the three months
and six months ended June 30, 2023
(MD&A). The MD&A is incorporated by reference into this
news release and is available on the Company's profile on SEDAR+ at
www.sedarplus.ca.
The tables below reconcile the non-IFRS financial
measures contained in this news release for the current and
comparative periods to the most directly comparable financial
measure disclosed in the Company's Q2 2023 financial
statements.
_______________________________________
|
2 See
section entitled Qualified Person and Technical
Information for the reference to technical
information.
|
Total cash costs
|
Segovia
Operations
|
Total
Operations
|
|
Three months
ended,
|
Six months
ended,
|
Three months
ended,
|
Six months
ended,
|
($000s except per
ounce amounts)
|
Jun 30,
2023
|
Mar 31,
2023
|
Jun 30,
2023
|
Jun 30,
2023
|
Mar 31,
2023
|
Jun 30,
2023
|
Total gold sold
(ounces)
|
48,381
|
44,908
|
93,289
|
54,228
|
49,158
|
103,386
|
Cost of
sales1
|
51,030
|
44,083
|
95,113
|
62,947
|
53,705
|
116,652
|
Less:
royalties1
|
(3,488)
|
(2,660)
|
(6,148)
|
(4,615)
|
(3,410)
|
(8,025)
|
Less: by-product
revenue1
|
(2,755)
|
(4,877)
|
(7,632)
|
(3,077)
|
(5,043)
|
(8,120)
|
Less: other
adjustments
|
-
|
-
|
-
|
-
|
77
|
77
|
Total cash
costs
|
44,787
|
36,546
|
81,333
|
55,255
|
45,329
|
100,584
|
Total cash costs ($
per oz gold
sold)
|
926
|
814
|
872
|
1,019
|
922
|
973
|
1.
|
As presented in the
Interim Financial Statements and notes for the respective
periods.
|
All-in sustaining costs (AISC)
|
Segovia
Operations
|
Total
Operations
|
|
|
Three months
ended,
|
Six months
ended,
|
Three months
ended,
|
Six months
ended,
|
($000s except per
ounce amounts)
|
Jun 30,
2023
|
Mar 31,
2023
|
Jun 30,
2023
|
Jun 30,
2023
|
Mar 31,
2023
|
Jun 30,
2023
|
Total gold sold
(ounces)
|
48,381
|
44,908
|
93,289
|
54,228
|
49,158
|
103,386
|
Total cash
costs
|
44,787
|
36,546
|
81,333
|
55,255
|
45,329
|
100,584
|
Add:
royalties1
|
3,488
|
2,660
|
6,148
|
4,615
|
3,410
|
8,025
|
Add: social
programs1
|
2,419
|
2,404
|
4,823
|
2,666
|
2,404
|
5,070
|
Add: sustaining
capital
expenditures
|
2,450
|
7,332
|
9,782
|
3,812
|
7,867
|
11,679
|
Add: lease payments on
sustaining
capital
|
588
|
656
|
1,243
|
588
|
656
|
1,243
|
Total cash
costs
|
53,732
|
49,598
|
103,329
|
66,936
|
59,666
|
126,601
|
Total cash costs ($
per oz gold sold)
|
1,111
|
1,104
|
1,108
|
1,234
|
1,214
|
1,225
|
1.
|
The Marmato Mine was
purchased as part of the Aris Mining Transaction on September 26,
2022, as such prior year comparatives are not applicable to the
Company.
|
The table below reconciles the cash cost per
ounce sold and the AISC per ounce sold for ore sourced from
owner-operated mines and other partner-operated mines to the totals
for the consolidated Segovia Operations:
|
Six months ended
June 30, 2023
|
|
Owner Operated
mining1
|
Partner Operated
mining2
|
Total
Segovia
|
Attributable gold sold
(ounces)
|
52,120
|
41,169
|
93,289
|
|
|
|
|
Total cash costs
($'000)3
|
35,805
|
45,528
|
81,333
|
|
|
|
|
Cash cost per ounce
sold ($/ounce)3
|
$ 687
|
$ 1,106
|
$ 872
|
|
|
|
|
All-in sustaining costs
($'000)3
|
52,462
|
50,867
|
103,329
|
|
|
|
|
AISC cost per ounce
sold ($/ounce)3
|
$ 1,007
|
$ 1,236
|
$
1,108
|
1.
|
Includes
Company-operated areas within the mines, utilizing owner-managed
labour.
|
2.
|
Comprises
contractor-operated and other small-scale mining operations within
the Company's mining title that are operated by miners under
contract to deliver the mill feed mined to the Company's
Maria Dama plant for processing.
|
3.
|
Refer to the
Non-IFRS Measures section for full details on cash costs ($
per oz sold) and AISC ($ per oz sold). Comparative cash cost and
AISC values have been adjusted from amounts previously disclosed
following a change in the methodology used to calculate total cash
costs ($ per oz sold) and AISC ($ per oz sold) in Q3 of
2022.
|
Additions to mineral interests, plant and
equipment
|
Three months
ended,
|
Six months
ended,
|
($'000)
|
June 30,
2023
|
March 31,
2023
|
June 30,
2022
|
June 30,
2023
|
June 30,
2022
|
Sustaining
capital
|
|
|
|
|
|
Segovia
Operations
|
2,450
|
7,332
|
11,176
|
9,782
|
19,698
|
Marmato
Upper Mine1
|
1,362
|
535
|
-
|
1,897
|
-
|
Total
|
3,812
|
7,867
|
11,176
|
11,679
|
19,698
|
Non-sustaining
growth capital
|
|
|
|
|
|
Segovia
Operations
|
7,639
|
2,641
|
3,169
|
10,280
|
8,168
|
Toroparu
Project
|
4,625
|
4,690
|
24,228
|
9,315
|
30,964
|
Marmato
Lower Mine1
|
6,126
|
3,881
|
-
|
10,007
|
-
|
Marmato
Upper Mine1
|
645
|
681
|
-
|
1,326
|
-
|
Juby
Project1
|
-
|
33
|
-
|
33
|
-
|
Total
|
19,035
|
11,926
|
27,397
|
30,961
|
39,132
|
Total
Additions2
|
22,847
|
19,793
|
38,573
|
42,640
|
58,830
|
1.
|
The Marmato Mine and
Juby Project were purchased as part of the Aris Mining Transaction
on September 26, 2022, as such prior year comparatives are not
applicable to the Company.
|
2.
|
As presented in the
Interim Financial Statements and notes for the respective
periods
|
Earnings before interest, taxes, depreciation,
and amortization (EBITDA) and adjusted EBITDA
|
Three months
ended,
|
Six months
ended,
|
($000s)
|
June 30,
2023
|
March 31,
2023
|
June 30,
2022
|
June 30,
2023
|
June 30,
2022
|
Earnings (loss)
before tax1
|
17,283
|
6,751
|
58,100
|
24,034
|
78,890
|
Add back:
|
|
|
|
|
|
Depreciation and depletion1
|
8,825
|
7,646
|
8,965
|
16,471
|
17,201
|
Finance
income1
|
(2,358)
|
(2,173)
|
(1,572)
|
(4,531)
|
(2,079)
|
Interest
and accretion1
|
6,746
|
8,881
|
6,539
|
15,627
|
12,938
|
EBITDA
|
30,496
|
21,105
|
72,032
|
51,601
|
106,950
|
Add back:
|
|
|
|
|
|
Share-based compensation1
|
459
|
1,147
|
(1,148)
|
1,606
|
60
|
Revaluation of investments (Denarius) 1
|
10,023
|
-
|
-
|
10,023
|
-
|
Loss from
equity accounting in investee1
|
1,427
|
3,241
|
1,095
|
4,668
|
2,127
|
(Gain)
loss on financial instruments1
|
(10,114)
|
10,810
|
(25,230)
|
696
|
(17,914)
|
Foreign
exchange (gain) loss1
|
7,237
|
2,343
|
(1,094)
|
9,580
|
(439)
|
Adjusted
EBITDA
|
39,528
|
38,646
|
45,655
|
78,174
|
90,784
|
1.
|
As presented in the
Financial Statements and notes for the respective
periods.
|
Adjusted net earnings and adjusted net
earnings per share
|
Three months
ended,
|
Six months
ended,
|
($000s except shares
amount)
|
June 30,
2023
|
March 31,
2023
|
June 30,
2022
|
June 30,
2023
|
June 30,
2022
|
Basic weighted average
shares outstanding
|
136,229,686
|
136,188,570
|
97,913,264
|
136,616,968
|
97,850,225
|
Diluted weighted
average shares outstanding
|
140,289,533
|
136,188,570
|
108,125,857
|
141,236,861
|
109,022,012
|
Net earnings
(loss)1
|
8,258
|
(5,401)
|
38,965
|
2,857
|
44,203
|
Add back:
|
|
|
|
|
|
Share-based compensation1
|
459
|
1,147
|
(1,148)
|
1,606
|
60
|
Revaluation of investments (Aris Gold/Denarius)
1
|
10,023
|
-
|
-
|
10,023
|
-
|
(Income)
loss from equity accounting in investee1
|
1,427
|
3,241
|
1,095
|
4,668
|
2,127
|
(Gain)
loss on financial instruments1
|
(10,114)
|
10,810
|
(25,230)
|
696
|
(17,914)
|
Foreign
exchange (gain) loss1
|
7,237
|
2,343
|
(1,094)
|
9,580
|
(439)
|
Income tax effect on
adjustments
|
(2,453)
|
(964)
|
(84)
|
(3,417)
|
(105)
|
Adjusted net (loss)
/ earnings
|
14,837
|
11,176
|
12,504
|
26,013
|
27,932
|
Per share
– basic ($/share)
|
0.11
|
0.08
|
0.13
|
0.19
|
0.29
|
1.
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As presented in the
Interim Financial Statements and notes for the respective
periods.
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Qualified Person and Technical
Information
Pamela De Mark,
P.Geo., Senior Vice President, Technical Services of Aris Mining,
is a Qualified Person as defined by National Instrument 43-101 (NI
43-101) and has reviewed and approved the technical information
contained in this news release.
Scientific and technical information concerning
the Marmato Mine is summarized, derived, or extracted from the
technical report entitled "Technical Report for the Marmato Gold
Mine, Caldas Department, Colombia,
Pre-Feasibility Study of the Lower Mine Expansion Project" dated
November 23, 2022 with an effective
date of June 30, 2022, prepared by
Ben Parsons, MAusIMM (CP),
Anton Chan, Peng, Brian Prosser, PE,
Joanna Poeck, SME-RM, Eric J. Olin, SME-RM, MAusIMM, Fredy Henriquez, SME, ISRM, David Hoekstra, PE,
NCEES, SME-RM, Mark Allan Willow,
CEM, SME-RM, Vladimir Ugorets, MMSA,
Colleen Crystal, PE, GE, Kevin Gunesch, PE, Tommaso Roberto Raponi, P.Eng, David Bird, PG, SME-RM, and Pamela De Mark, P.Geo., each of whom is a
"Qualified Person" as such term is defined in NI 43-101, and with
the exception of Pamela De Mark of
Aris Mining, are independent of the Company within the meaning of
NI 43-101, and is available for review on the Company's website at
www.aris-mining.com and on the Company's profile on SEDAR+ at
www.sedarplus.ca.
Forward-Looking
Information
This news release contains "forward-looking
information" or forward-looking statements" within the meaning of
Canadian securities legislation. All statements included herein,
other than statements of historical fact, including, without
limitation, statements relating to the construction of the
Marmato Lower Mine and the advancement of the Soto Norte project
and the details and timing thereof, the anticipated upswing in
partner-operated mining operations, gold price assumptions, the
updated 2023 production and AISC outlook for the Segovia Operations
and the Marmato Upper Mine, statements and information under the
headings "Full Year 2023 Outlook" and "Segovia Operations
– Mid-year Outlook", and the Company's plans and strategies are
forward-looking. Generally, the forward-looking information and
forward looking statements can be identified by the use of forward
looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate",
"will continue" or "believes", or variations of such words and
phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". The material factors or assumptions used to develop
forward looking information or statements are disclosed throughout
this presentation.
Forward looking information and forward looking
statements, while based on management's best estimates and
assumptions, are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Aris Mining to be
materially different from those expressed or implied by such
forward-looking information or forward looking statements,
including but not limited to those factors discussed in the section
entitled "Risk Factors" in Aris Mining's annual information form
dated March 31, 2023 and available on
SEDAR+ at www.sedarplus.ca.
Although Aris Mining has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information and
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information or statements will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such information or
statements. The Company has and continues to disclose in its
Management's Discussion and Analysis and other publicly filed
documents, changes to material factors or assumptions underlying
the forward-looking information and forward-looking statements and
to the validity of the information, in the period the changes
occur. The forward-looking statements and forward-looking
information are made as of the date hereof and Aris Mining
disclaims any obligation to update any such factors or to publicly
announce the result of any revisions to any of the forward-looking
statements or forward-looking information contained herein to
reflect future results. Accordingly, readers should not place undue
reliance on forward-looking statements and information.
This news release contains information that may
constitute future-orientated financial information or financial
outlook information (collectively, FOFI) about the Company's
prospective financial performance, financial position or cash
flows, all of which is subject to the same assumptions, risk
factors, limitations and qualifications as set forth above. Readers
are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be imprecise or inaccurate and, as such,
undue reliance should not be placed on FOFI. The Company's actual
results, performance and achievements could differ materially from
those expressed in, or implied by, FOFI. The Company has included
FOFI in order to provide readers with a more complete perspective
on the Company's future operations and management's current
expectations relating to the Company's future performance. Readers
are cautioned that such information may not be appropriate for
other purposes. FOFI contained herein was made as of the date of
this news release. Unless required by applicable laws, the Company
does not undertake any obligation to publicly update or revise any
FOFI statements, whether as a result of new information, future
events or otherwise.
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SOURCE Aris Mining Corporation