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Aris Mining Reports Q3 2025 Results; Segovia Ramp-Up Driving Profitable Growth
Segovia Ramp-Up Driving Profitable Growth: Record Revenue, Cash Flow, and Adjusted Earnings VANCOUVER, BC, Oct. 29, 2025 /CNW/ - Aris Mining Corporation (Aris M
About this update from Aris Mining Corp
[{"type":"text","content":" Segovia Ramp-Up Driving Profitable Growth: Record Revenue, Cash Flow, and Adjusted Earnings VANCOUVER, BC, Oct. 29, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces its financial and operating results for the three and nine months ended September 30, 2025 (Q3 2025 and 9M 2025). All amounts are in U.S. dollars unless otherwise indicated. Q3 2025 Financial Performance Revenue of $253.5 million, up 27% from Q2 2025 and 93% from Q3 2024, driven by higher gold prices and increased sales volumes. Adjusted EBITDA1 of $131.1 million, up 33% from Q2 2025 and triple Q3 2024. On a trailing 12-month basis, Adjusted EBITDA1 has reached $352.0 million. Adjusted net earnings1 of $71.8 million or $0.36/share, up from $0.27/share in Q2 2025 and $0.08/share in Q3 2024. Cash balance increased to $417.9 million as of September 30, 2025, up from $310.2 million at June 30, 2025. This increase primarily reflects: $90.8 million of cash flow after sustaining capital and income taxes; $60.5 million of proceeds from the exercise of ARIS.WT.A warrants (July 2025 expiry); and $13.2 million of proceeds from the sale of the Juby Gold Project; partially offset by $48.1 million invested in growth capital. Net debt reduced to $64 million, down from $241 million at year-end 2024. Neil Woodyer, CEO, commented \"The production ramp-up at Segovia is progressing well, leading to record financial results and a cash balance of $418 million. This year, we have also delivered two major technical studies – the Soto Norte Prefeasibility Study and the Toroparu Preliminary Economic Assessment. These projects reinforce the strength of our growth pipeline beyond Segovia and Marmato, where construction of the Bulk Mining Zone remains on schedule for first gold in the second half of 2026. With record revenue, cash flow, and earnings in Q3, Aris Mining is financially strong and strategically positioned for continued growth into 2026 and beyond.\" Q3 2025 Q2 2025 Q1 2025 Q3 2024 Gold production ounces (oz), total 73,236 58,652 54,763 53,608 Gold sold (oz), total 73,001 61,024 54,281 53,769 Segovia – AISC, Owner Mining ($/oz sold) $1,452 $1,520 $1,482 $1,451 Segovia – CMP AISC Sales Margin* 44 % 42 % 41 % 34 % EBITDA $96.5M $31.6M $39.7M $27.8M Adjusted EBITDA1 $131.1M $98.7M $66....