What's Happening?
Aris Mining Corporation has announced an update to its Segovia mineral reserve and resource estimates, effective November 28, 2025. The company reported a 7% increase in measured and indicated mineral resources,
now totaling 3.6 million ounces of gold, and a 12% increase in inferred resources, reaching 2.9 million ounces. Proven and probable mineral reserves also rose by 12% to 1.5 million ounces. These updates reflect successful exploration and resource conversion efforts at Segovia, a high-grade gold mining operation. The company has set a gold price assumption of $3,200 per ounce for mineral resources and $2,800 per ounce for mineral reserves, demonstrating the robustness of the Segovia deposit against price fluctuations.
Why It's Important?
The expansion of Segovia's reserves and resources underscores Aris Mining's strategic growth in the gold mining sector. This development is significant for the U.S. and global gold markets, as it enhances Aris Mining's production capacity and long-term value creation. The increase in reserves and resources supports higher production rates, which could lead to increased revenue and market share for Aris Mining. Additionally, the high-grade nature of the Segovia deposit ensures strong economic returns, even amid fluctuating gold prices. This positions Aris Mining as a key player in the industry, potentially influencing gold supply dynamics and pricing.
What's Next?
Aris Mining plans to continue its expansion efforts at Segovia, with a focus on increasing production rates. The company is targeting an annual production rate of over 500,000 ounces of gold, supported by the recent commissioning of a second mill at Segovia. Further exploration and development projects are anticipated, which could lead to additional resource and reserve growth. Stakeholders, including investors and industry analysts, will likely monitor Aris Mining's progress closely, as successful execution of these plans could enhance the company's competitive position and financial performance.
