Toronto-listed mining companies GCM Mining and Aris Gold have completed their business combination and renamed the combined entity Aris Mining Corporation.
Aris Mining now operates several high-grade underground mines at its Segovia Operations and the Marmato mine, in Colombia, which together produced 230 000 oz of gold last year.
The company also owns two advanced development projects, the Marmato Lower Mine expansion and the Toroparu project, and it is the operator and 20% shareholder of the Soto Norte joint venture – a large-scale underground project advancing its environmental permitting.
“Over the past 18 months, our team has completed three transactions that have resulted in the creation of Aris Mining. We have an attractive mix of production, cash flow and near-term growth projects, all of which are supported by sizeable mineral resources or resources and strong financial, technical and operating teams."