Jun. 30 at 5:11 PM
$ARMN We are pleased to announce the successful installation and commissioning of a second mill at our high-grade Segovia Operations in Antioquia, Colombia on time and within budget.
This expansion marks a significant milestone in our organic growth strategy and increases Segovia’s processing capacity by 50%, from 2,000 to 3,000 tonnes per day.
CEO Neil Woodyer commented “The installation and commissioning of the second mill at Segovia, which began operating last week, is another important step in advancing our growth strategy to reach an aggregate production rate of more than 500,000 ounces annually from our wholly owned Segovia Operations and Marmato Complex. Segovia is a cornerstone asset for Aris Mining, and this expansion further strengthens its role as a key cash flow generator.”
Read the news release to learn more: https://lnkd.in/edFm3tEJ