Aris Mining has reported Q2 revenue of $200.2M, beating FactSet estimates of $195.6M. Adjusted earnings per share were $0.27, below the estimated $0.28. The company's production results for the second quarter and first half of 2025 show a 13% increase in gold production. Aris Mining has also affirmed its production guidance for the full year 2025.
Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) reported its Q2 2025 results, showcasing a significant increase in revenue and gold production. The company's Q2 revenue of $200.2 million surpassed FactSet estimates of $195.6 million, reflecting strong market performance and higher gold prices. Adjusted earnings per share were $0.27, slightly below the estimated $0.28, but the company's production results for the second quarter and first half of 2025 demonstrated a 13% increase in gold production [1].
The company's Q2 2025 results highlighted several key performance indicators. Revenue surged by 30% from Q1 2025 and 75% from Q2 2024, driven by higher gold prices and increased sales volumes. The company's cash balance increased to $310 million as of June 30, 2025, up from $240 million at March 31, 2025, due to strong cash flow generation from operations and proceeds from ARIS.WT.A warrant exercises. Adjusted EBITDA reached $98.7 million, nearly tripling the $36.1 million reported in the same period last year [1].
Gold production totaled 58,652 ounces in Q2 2025, a 7% increase from the 54,763 ounces produced in Q1 2025. The Segovia Operations contributed significantly to this growth, producing 51,527 ounces in Q2 2025. The Marmato Narrow Vein Zone also saw a 29% increase in production, producing 7,125 ounces in Q2 2025 [1].
Neil Woodyer, CEO of Aris Mining, commented on the company's performance, stating, "With record adjusted net earnings, over $310 million in cash, and the commissioning of the second mill at Segovia, we are well-positioned for stronger production in the second half of 2025 while advancing construction of the Marmato Bulk Mining Zone and technical studies at Soto Norte and Toroparu, which underpin a compelling growth pipeline. The expiry of the ARIS.WT.A warrants on July 29 has simplified our capital structure and eliminated a source of non-cash earnings volatility. We remain firmly on track to become a leading intermediate gold producer in Latin America with a highly attractive profile for investors." [2]
Aris Mining has affirmed its production guidance for the full year 2025, targeting a range of 210,000 to 250,000 ounces. The company's strategic projects, including the Marmato Bulk Mining Zone and the Segovia expansion, are expected to drive this growth. The company's focus on operational scalability and de-risked growth positions it well to capitalize on the rising gold price environment.
References:
[1] https://www.ainvest.com/news/aris-mining-q2-2025-results-compelling-case-positioning-high-growth-latin-american-gold-producer-2508/
[2] https://www.prnewswire.com/news-releases/aris-mining-reports-q2-2025-results-302524820.html
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