Aris Mining Posts 2Q 2025 Net Loss
Vancouver, Canada-based Aris Mining – operator of the giant Segovia gold mine here in Antioquia – on August 7 posted a second quarter (2Q) 2025 net loss of US$16.9 million, down from a US$5.7 million net profit in 2Q 2024.
Despite the profits decline, Aris recorded record quarterly revenue of US$200.2 million, up 30% from 1Q 2025 and up 75% from 2Q 2024, “driven by higher gold prices and increased sales volumes,” according to the company.
Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 2.6%, to US$.31.6 million, from US$30.8 million in 2Q 2024.
Commenting on the results, Aris CEO Neil Woodyer highlighted “commissioning of the second mill at Segovia . . . while advancing construction of the Marmato bulk mining zone [in Caldas department] and technical studies at Soto Norte [Santander department] and Toroparu [Guyana], which underpin a compelling growth pipeline.”
Gold production during 2Q 2025 rose 7% compared to 1Q 2025, at 58,652 ounces. “Production is expected to progressively increase following the June 2025 commissioning of the second mill at Segovia,” the company added.
