tiprankstipranks
Advertisement
Advertisement

Aris Mining Hits Key Underground Development Milestone at Marmato Mine

Story Highlights
  • Aris Mining achieved an April 17 construction milestone linking Marmato’s new surface decline with existing underground workings.
  • The breakthrough keeps Marmato’s Q4 2026 first-gold schedule on track and supports plans to lift combined output to about 500,000 ounces annually.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aris Mining Hits Key Underground Development Milestone at Marmato Mine

Claim 30% Off TipRanks

Aris Mining ( (TSE:ARIS) ) has issued an update.

On April 17, 2026, Aris Mining reported a key construction milestone at its Marmato gold mine in Colombia, where an underground development cross-cut has now linked the new surface decline with existing underground workings. This connection creates continuous access from surface, where a 5,000 tonne-per-day CIP processing plant is being built, to the current mine, enabling the next phases of mine development, infrastructure installation, and operational readiness for the planned Marmato bulk mining operation.

Management said the project remains on schedule for first gold from the new Marmato bulk mine in the fourth quarter of 2026, supporting the company’s plan for combined annual production of roughly 500,000 ounces from Marmato and Segovia following expansion and ramp-up. The breakthrough underscores Marmato’s role as a core growth asset that will transform it into a larger-scale, modern underground operation and marks continued progress toward Aris Mining’s broader production growth objectives in the region.

The most recent analyst rating on (TSE:ARIS) stock is a Buy with a C$41.00 price target. To see the full list of analyst forecasts on Aris Mining stock, see the TSE:ARIS Stock Forecast page.

Spark’s Take on ARIS Stock

According to Spark, TipRanks’ AI Analyst, ARIS is a Neutral.

The score is driven primarily by improved financial performance and a positive earnings outlook with meaningful production growth guidance, supported by strong technical uptrend signals. These positives are partially offset by expensive valuation and key risks around cash-flow durability and capital intensity required to execute the growth pipeline.

To see Spark’s full report on ARIS stock, click here.

More about Aris Mining

Aris Mining is a Canadian gold mining company focused on South America, operating the Segovia and Marmato underground gold mines in Colombia. Listed on the Toronto and New York stock exchanges under the symbol ARIS, the company produced about 257,000 ounces of gold in 2025 and is advancing expansion projects aimed at significantly increasing its annual production profile.

Average Trading Volume: 1,279,578

Technical Sentiment Signal: Buy

Current Market Cap: C$5.75B

See more data about ARIS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1