Aris Mining Reports Strong Q4 & Full Year 2025 Results, Exceeding Production Guidance and Projecting Significant 2026 Growth

summarizeSummary

Aris Mining reported strong Q4 and full-year 2025 results, exceeding production guidance, with significant increases in revenue, adjusted EBITDA, and net earnings, alongside a positive outlook for 2026 production growth and project advancements.

check_boxKey Events

• Strong 2025 Financial Performance

  Reported 2025 gold revenue of $909 million (up 82% from 2024), adjusted EBITDA of $464 million (up 185%), and adjusted net earnings of $241 million or $1.28/share (up 265%). Cash balance increased to $392 million, and net debt reduced to $86 million.

• Exceeded 2025 Production Guidance

  Achieved total 2025 gold production of 256,503 ounces, exceeding the guidance midpoint of 230,000-275,000 ounces and representing a 22% increase from 2024.

• Increased 2026 Production Guidance

  Provided 2026 consolidated gold production guidance of 300,000-350,000 ounces, a significant increase from 2025, with production weighted towards the second half of the year.

• Key Project Advancements

  Marmato construction is advancing, with the new CIP plant on schedule for first gold in Q4 2026. Environmental license application for Soto Norte is planned for Q2 2026, and a Prefeasibility Study for Toroparu is targeted for completion in 2026.

auto_awesomeAnalysis

Aris Mining delivered a robust financial and operational performance in 2025, surpassing its production guidance midpoint and achieving substantial growth across key metrics. The company's strong cash generation allowed it to fully fund growth initiatives and significantly reduce net debt. The positive momentum is expected to continue into 2026 with a projected increase in gold production, driven by ongoing expansion projects at Segovia and the commissioning of the new Marmato CIP plant. The advancement of major development projects like Soto Norte and Toroparu further underpins the company's long-term growth strategy.