Aris Mining 1Q 2026 Net Income Soars Year-on-Year
Vancouver, Canada-based multinational gold miner Aris Mining –operator of the giant Segovia, Antioquia gold mine 195 kilometers from Medellin – announced May 6 that first quarter (1Q) 2026 net income jumped 263% year-on-year, to US$98 million, from US$27 million in 1Q 2025.
Gold revenues rose 136% year-on-year, to US$364 million, from US$154 milloion in 1Q 2025.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) also rose 221% year-on-year, to US$212 million, from US$66 million in 1Q 2025.
Corporate-wide gold production hit 74,300 ounces, up 6% from fourth-quarter (4Q) 2025.
Commenting on the results, Aris CEO Neil Woodyer cited “record financial results and strong cash generation.”
“At Segovia, the ongoing ramp-up contributed to a 5% increase in production compared with 4Q 2025,” he explained.
“At Marmato [Caldas, Colombia], construction of the new 5,000 tonnes per day CIP [carbon-in-pulp extraction] plant remains on schedule for first gold in 4Q 2026 . .
“At Toroparu [Guyana], the prefeasibility study is progressing well, with updated mineral resource and reserve estimates advancing to support mine schedule optimizations, and a construction decision is expected in early 2027.
“At Soto Norte [Santander, Colombia], the submission of the environmental license application is nearing completion, alongside active engagement with the Colombian regulators to support a collaborative approach to the submission and review process.
“With our producing assets delivering strong results and our growth projects continuing to advance, Aris Mining is well positioned to achieve its longer-term objective of approximately 1 million ounces of annual gold production,” Woodyer added.
