Oct. 2 at 6:26 PM
$ARMN As announced last month, Aris Mining has completed the prefeasibility study (PFS) for the 51%-owned Soto Norte Project in Santander, Colombia.
The PFS confirms Soto Norte as a high-quality project with robust economics, low operating costs, and industry-leading environmental and social design features.
✅ Balanced development strategy: 3,500 tpd processing capacity, including 750 tpd dedicated to local community miners, providing a safe, regulated alternative that ensures proper tailings and water management.
✅ Long-life operation: 22+ year mine life with average annual gold production of 263 koz (years 2 to 10) and 203 koz (years 1 to 21) and an all-in-sustaining costs (AISC) of
$534/oz Au over the Life-of-Mine.
✅ Strong economics: At
$2,600/oz base case gold price and initial construction capital of
$625 million, the project delivers a
$2.7B NPV5%, 35% IRR, and 2.3-year payback.
To learn more, visit: https://lnkd.in/gTB8qQAv
