Aris Mining (ARIS.TO, ARMN) after trade Tuesday reported gold production of 54,763 ounces for the first quarter,, with 47,549 ounces from Segovia and 7,214 ounce from the Marmato Upper Mine.
The Colombian miner cited positive trends across both the Segovia and Marmato operations, with a total gold production in the quarter up 8% from 50,767 in the year-prior quarter.
The company said the first-quarter production "reflects strong operational momentum" heading into 2025, adding with the commissioning of the expanded Segovia processing facility on track for the second quarter, additional production growth is anticipated in the coming quarters.
Aris said its 2025 full-year production guidance is between 230,000-275,000 oz, with Segovia expected to produce 210,000-250,000 oz and the Marmato Upper Mine expected to contribute 20,000-25,000 oz.
"We kicked off 2025 with strong momentum, highlighting our ability to effectively execute while advancing major growth initiatives. Q1 production came in slightly ahead of our budget target reflecting a solid operational start to the year. With the expanded Segovia processing facility set to be commissioned this quarter, we are well on track to deliver on our full-year production guidance of 230,000 to 275,000 oz," chief executive Neil Woodyer said.
Aris shares closed down $0.01 to $6.06 on the Toronto Stock Exchange.
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