By Robb M. Stewart
Aris Mining's shares jumped after the Canadian gold producer said one of its key growth projects was on track for first gold before the end of the year.
The shares climbed 5.7% to C$29.39 in Toronto, widening the advance so far this year to 32%. On the New York Stock Exchange, the shares were 5.1% higher at $21.36.
Aris said it hit a construction milestone at its Marmato gold mine in Colombia now that the underground development cross-cut connects with the new surface decline to the existing underground development.
The work establishes continuous underground access from the surface, where the new plant is under construction, to the existing workings. The connection supports the next phases of mine development, infrastructure installation and operational readiness for the Marmato bulk mine, which Aris said is on schedule for first gold in the fourth quarter.
Aris's Marmato and Segovia underground are forecast to produce about 257,000 troy ounces this year, and the company expects developments at both operations will boost output to roughly 500,000 ounces a year following their ramp-up.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
April 17, 2026 13:02 ET (17:02 GMT)
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