Aris Mining Full-Year 2025 Net Income Triples Year-on-Year
Vancouver, Canada-based Aris Mining – operator of the giant Segovia, Antioquia gold mine outside of Medellin – on March 11 announced a full-year 2025 profit of US$78.3 million, more-than-tripling its 2024 profit of US$24.6 million.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for 2025 jumped 96% year-on-year, to US$288 million, from US$147 million in 2024.
Gold sales revenues likewise soared 82% year-on-year, to US$909 million, while gold production rose 21% year-on-year, to 256,000 ounces, according to the company.
Commenting on the results, Aris CEO Neil Woodyer stated: “During 2025, our operations generated US$322 million of cash flow after sustaining capital and income taxes, fully funding our growth and expansion initiatives.
“At Segovia, the ramp-up of the second mill is progressing well and contributed to record financial results during the year.
“At Marmato [Caldas department], development in the bulk mining zone is ahead of schedule, materially reducing execution risk . . .
“We also advanced our longer-term growth, completing the Soto Norte [Santander department] prefeasibility study (PFS) and the Toroparu [Guyana] preliminary economic assessment in September and October 2025, respectively.
“We remain on track to submit the environmental license application for Soto Norte in second quarter 2026, while advancing Toroparu toward completion of its prefeasibility study in the second half of 2026 and a potential construction decision in early 2027.
“With record revenue, operating cash flow and earnings since Aris Mining’s formation in September 2022, we enter 2026 in a strong financial position and well-placed to continue executing our growth strategy,” he added.
