Aris Mining Reports H1 2024 Production, Provides Expansion Projects Update; On Track To Meet The Lower End Of Its Full-Year Production Guidance Of 220K-240K Ounces
Portfolio Pulse from Benzinga Newsdesk
Aris Mining Corporation reported H1 2024 gold production of 99,983 ounces, down from 104,906 ounces in H1 2023. The company is on track to meet the lower end of its full-year production guidance of 220,000 to 240,000 ounces. The Segovia mine is progressing to higher-grade zones.
July 16, 2024 | 9:05 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Aris Mining reported a decrease in H1 2024 gold production compared to H1 2023 but is on track to meet the lower end of its full-year production guidance. The Segovia mine is moving to higher-grade zones.
The decrease in production year-over-year may concern investors, but the company is still on track to meet its full-year guidance. The transition to higher-grade zones at Segovia could positively impact future production.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100