Aris Mining Posts 31% Gain in First-Half Gold Production at Its Colombian Mines

Half-year revenue tops $680 million USD as Aris holds 2026 guidance

“We delivered a strong first half of 2026, with gold production up 31% from the same period in 2025, and we remain on track to deliver our 2026 production guidance of 300,000 to 350,000 ounces.” – Neil Woodyer, Chair and CEO, Aris Mining

Aris Mining Corporation (TSX/NYSE: ARIS), the Canadian gold producer whose core operations are the Segovia and Marmato underground mines in Colombia, reported on July 7 that consolidated gold production reached 148,000 ounces in the first half of 2026, a 31% increase over the same period a year earlier. The company sold 147,000 ounces over the six months, generating revenue of more than $680 million USD.

Second-quarter production totaled 73,700 ounces, up 26% from the second quarter of 2025. Aris sold 72,100 ounces during the quarter at an average realized price of approximately $4,445 USD per ounce, yielding gold revenue of roughly $320 million USD. The company reported a cash balance of more than $425 million USD as of June 30, 2026. The results follow the 36% year-over-year production increase Aris posted for the first quarter.

Meeting Production Goals and Outputs

Aris said it remains on track to meet its 2026 production guidance of 300,000 to 350,000 ounces and expects output to rise in the second half of the year, supported by the continuing ramp-up at Segovia and the near-term completion of a new carbon-in-pulp (CIP) plant at Marmato.

“We delivered a strong first half of 2026, with gold production up 31% from the same period in 2025, and we remain on track to deliver our 2026 production guidance of 300,000 to 350,000 ounces,” said Neil Woodyer, chair and chief executive officer. “We expect gold production to increase in the second half of the year, supported by the ongoing production ramp-up at Segovia and near-term completion of construction of the new Marmato CIP plant.”

Aris Mining reported an increase of 21% in its gold production compared to the same time period in 2025. Photo by Csaba Nagy from Pixabay.

Segovia, the larger of the two operations, produced 64,400 ounces in the second quarter and 131,000 ounces for the half, processing ore at an average grade of 10.23 grams per ton with recoveries of 95.7%. Output has climbed since the company completed installation of a second mill at Segovia in June 2025, expanding processing capacity.

Marmato produced 9,300 ounces in the quarter and 17,100 ounces for the half through its existing small-scale flotation plant, as increased underground mining capacity lifted output. Construction of the new CIP plant is advancing, with mill components being assembled and first gold on track for the fourth quarter of 2026, following the underground connection Aris completed at Marmato in April. Once ramped up, Segovia and Marmato are together expected to produce about 500,000 ounces of gold a year.

Longer-Term Objectives for Gold Production

The two mines produced roughly 257,000 ounces combined in 2025. Aris has said its portfolio supports a longer-term objective of about 1 million ounces of annual production, anchored by the high-grade Soto Norte project in Colombia and the Toroparu project in Guyana, where a prefeasibility study is underway and a construction decision is expected in early 2027. The company reported prefeasibility results for those projects in September 2025.

Aris described the second-quarter figures as preliminary and said full financial and operating results for the period are expected on or around July 29, 2026.

Headline Image: Second mill at the Segovia Operations (CNW Group/Aris Mining Corporation)