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Earnings documents stored for ARIS.
Investor releaseQuarter not tagged2026-07-30Aris Mining Corp (ARIS) (Q2 2026) Earnings Call Highlights: Record Cash Flow and On-Track ...
GuruFocus.com
Aris Mining Corp (ARIS) (Q2 2026) Earnings Call Highlights: Record Cash Flow and On-Track ...
This article first appeared on GuruFocus. Gold Production: 74,000 ounces in Q2 2026; 148,000 ounces for the first half of 2026. Adjusted EBITDA: $179 million in Q2 2026. Cash Balance: $426 million at quarter end. Operating Cash Flow (after taxes): $200 million in the first half of 2026. Capital Expenditures: $196 million in the first half of 2026. Gold Sales (First Half): Up 27% year-over-year. All-In Sustaining Margin (Segovia): $157 million in Q2 2026; $356 million for the first half of 2026. Owner Mining AISC (Segovia, Year-to-Date): $1,623 per ounce. Sales Margin (CMPs, Year-to-Date): 43%. Growth Capital Expenditures (Marmato, First Half): Approximately $120 million. Remaining Capital Required (Marmato, Through Year-End): $118 million. Total Expected Investment (Marmato, 2026): Approximately $238 million. Full Year 2026 Production Guidance: 300,000 to 350,000 ounces. Warning! GuruFocus has detected 4 Warning Signs with ARIS. Is ARIS fairly valued? Test your thesis with our free DCF calculator. Release Date: July 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Delivered 74,000 ounces of gold production in Q2 2026, with first-half production of 148,000 ounces, on track for full-year guidance of 300,000-350,000 ounces. Record first-half revenue, adjusted EBITDA of $179 million in Q2, and strong cash position of $426 million at quarter end. Operating cash flow after taxes of $200 million in H1 2026 fully funded capital expenditures of $196 million, maintaining free cash flow positivity. Marmato project on schedule for first gold in Q4 2026, with SAG and ball mills installed and mechanical construction underway. Segovia's expanded mill performing well, with investments in underground development and haulage capacity expected to drive higher production in H2 2026 and beyond. Segovia production ramp-up is back-end loaded, with higher output expected later in Q3 and Q4 2026 due to ongoing underground development constraints. Marmato project capital expenditures increased to $238 million from the original $220 million budget, with additional costs for operational readiness and infrastructure improvements. Cash balance decreased from $472 million to $426 million in Q2, partly due to annual Colombian tax payments and significant capital investments. Toroparu pre-feasibility study remains pending completi…Read full documentShow less
This article first appeared on GuruFocus. Gold Production: 74,000 ounces in Q2 2026; 148,000 ounces for the first half of 2026. Adjusted EBITDA: $179 million in Q2 2026. Cash Balance: $426 million at quarter end. Operating Cash Flow (after taxes): $200 million in the first half of 2026. Capital Expenditures: $196 million in the first half of 2026. Gold Sales (First Half): Up 27% year-over-year. All-In Sustaining Margin (Segovia): $157 million in Q2 2026; $356 million for the first half of 2026. Owner Mining AISC (Segovia, Year-to-Date): $1,623 per ounce. Sales Margin (CMPs, Year-to-Date): 43%. Growth Capital Expenditures (Marmato, First Half): Approximately $120 million. Remaining Capital Required (Marmato, Through Year-End): $118 million. Total Expected Investment (Marmato, 2026): Approximately $238 million. Full Year 2026 Production Guidance: 300,000 to 350,000 ounces. Warning! GuruFocus has detected 4 Warning Signs with ARIS. Is ARIS fairly valued? Test your thesis with our free DCF calculator. Release Date: July 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Delivered 74,000 ounces of gold production in Q2 2026, with first-half production of 148,000 ounces, on track for full-year guidance of 300,000-350,000 ounces. Record first-half revenue, adjusted EBITDA of $179 million in Q2, and strong cash position of $426 million at quarter end. Operating cash flow after taxes of $200 million in H1 2026 fully funded capital expenditures of $196 million, maintaining free cash flow positivity. Marmato project on schedule for first gold in Q4 2026, with SAG and ball mills installed and mechanical construction underway. Segovia's expanded mill performing well, with investments in underground development and haulage capacity expected to drive higher production in H2 2026 and beyond. Segovia production ramp-up is back-end loaded, with higher output expected later in Q3 and Q4 2026 due to ongoing underground development constraints. Marmato project capital expenditures increased to $238 million from the original $220 million budget, with additional costs for operational readiness and infrastructure improvements. Cash balance decreased from $472 million to $426 million in Q2, partly due to annual Colombian tax payments and significant capital investments. Toroparu pre-feasibility study remains pending completion in H2 2026, with a construction decision not targeted until early 2027, delaying potential growth. Soto Norte environmental studies are still being prepared for submission, with no clear timeline for approval or advancement. Here are the key highlights from the Aris Mining Corp (NYSE:ARIS) Q2 2026 earnings call, focusing on the most significant Q&A exchanges. Q: Can you provide more color on the Segovia ramp-up? Is the new ramp at El Silencio the key to increasing throughput in the second half? A: Dustin VanDoorselaere (SVP - Operations) confirmed that production is weighted toward the second half of 2026. The new ramp at El Silencio, which breaks through in Q4, is a key part of the plan. It will debottleneck the mine by diverting feed from the shaft (which is restricted to ~750 tonnes per day), opening up new ore faces and allowing for a continuous ramp-up in production through the end of the year and into 2027. Q: What should we expect for cash taxes for the rest of the year after the large payment in Q2? A: Cameron Paterson (CFO) explained that Q2 is always the heaviest quarter for cash taxes as it coincides with filing annual returns. While cash taxes will increase due to higher net income, the proportional distribution will remain similar to prior years, with the majority paid in the second quarter. Q: Any comments on the change in government in Colombia following the recent election? A: Neil Woodyer (Chairman & CEO) stated that the company had a good relationship with the outgoing government. Regarding the incoming administration, he noted that the company spent the previous day at Segovia and Marmato with the incoming Minister of Environment and the President of ANM, receiving a "great deal of total support." He expressed optimism that the positive relationship will continue. Q: What is the current status of the Marmato project, specifically regarding the budget and timeline for first gold? A: Cornelius Lourens (SVP - Projects) confirmed that the project is shifting from construction to operational readiness. The total investment for 2026 is now estimated at $238 million, up from the original $220 million budget, due to additional expenditures for operational readiness and critical path equipment. First gold remains on schedule for Q4 2026, with a net funding requirement of $76 million to be covered by cash on hand and operating cash flow. Q: What is the company's path to reaching approximately 500,000 ounces of annual gold production? A: Neil Woodyer (Chairman & CEO) outlined that the path is clear. Segovia is filling its expanded processing capacity, and Marmato's new CIP plant is on schedule for first gold in Q4 2026 with a staged ramp-up through 2027. Together, these two assets provide a clear path to approximately 500,000 ounces of annual gold production in the near term, with Toroparu and Soto Norte providing the next leg of growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Investor releaseQuarter not tagged2026-07-29Aris Mining Q2 Adjusted Earnings Rise
MT Newswires
Aris Mining Q2 Adjusted Earnings Rise
Aris Mining (ARIS) reported Wednesday Q2 adjusted earnings of $0.47 per diluted share, up from $0.27
Investor releaseQuarter not tagged2026-07-29Aris Mining Reports Q2 2026 Results
Business Wire
Aris Mining Reports Q2 2026 Results
Strong H1 2026 performance funds near-term growth VANCOUVER, British Columbia, July 29, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) announces its financial and operating results for the three and six months ended June 30, 2026 (Q2 2026 & H1 2026). All amounts are in U.S. dollars unless otherwise indicated. Q2 2026 Financial Performance Production of 73.7 thousand ounces (koz) of gold, consistent with Q1 2026. Gold revenue of $321 million, with an average realized gold price of $4,450. Adjusted EBITDA1 of $179 million, on a trailing 12-month basis, Adjusted EBITDA of $690 million. Adjusted net earnings of $96 million or $0.47/share, on a trailing 12-month basis, Adjusted net earnings of $386 million or $1.89/share. Cash balance of $426 million as of June 30, 2026, after funding $121 million in capital projects in Q2 2026, including $78 million at Marmato and $31 million at Segovia. Neil Woodyer, Chair and CEO, commented "Aris Mining delivered another strong quarter with our operations generating the cash required to fund more than $120 million of capital investments during the second quarter while maintaining a strong balance sheet. At Marmato, underground access connecting the Bulk Mining Zone to the new plant area is complete, the SAG and ball mills are on site, and mechanical installation is underway. Construction of the 5,000 tpd CIP plant continues to advance toward first gold and is on schedule for Q4 2026. At Segovia, increased investment in underground development and haulage infrastructure is building the mining capacity required to support higher production from the expanded processing facilities. We remain on track to achieve our 2026 production guidance. With Segovia and Marmato providing a clear path toward approximately 500,0002 ounces of annual production, and Soto Norte and Toroparu continuing to advance, Aris Mining is well positioned to deliver its longer-term growth strategy. At Soto Norte, the environmental studies and preparation of the environmental license application are nearing completion. At Toroparu, the prefeasibility study remains on schedule for completion in the second half of 2026." Q2 & H1 2026 Operational Performance Segovia produced 64.4 koz, bringing H1 2026 production to 131.0 koz. Marmato produced 9.3 koz, bringing H1 2026 production to 17.1 koz. 2026 Outlook Projec…Read full documentShow less
Strong H1 2026 performance funds near-term growth VANCOUVER, British Columbia, July 29, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) announces its financial and operating results for the three and six months ended June 30, 2026 (Q2 2026 & H1 2026). All amounts are in U.S. dollars unless otherwise indicated. Q2 2026 Financial Performance Production of 73.7 thousand ounces (koz) of gold, consistent with Q1 2026. Gold revenue of $321 million, with an average realized gold price of $4,450. Adjusted EBITDA1 of $179 million, on a trailing 12-month basis, Adjusted EBITDA of $690 million. Adjusted net earnings of $96 million or $0.47/share, on a trailing 12-month basis, Adjusted net earnings of $386 million or $1.89/share. Cash balance of $426 million as of June 30, 2026, after funding $121 million in capital projects in Q2 2026, including $78 million at Marmato and $31 million at Segovia. Neil Woodyer, Chair and CEO, commented "Aris Mining delivered another strong quarter with our operations generating the cash required to fund more than $120 million of capital investments during the second quarter while maintaining a strong balance sheet. At Marmato, underground access connecting the Bulk Mining Zone to the new plant area is complete, the SAG and ball mills are on site, and mechanical installation is underway. Construction of the 5,000 tpd CIP plant continues to advance toward first gold and is on schedule for Q4 2026. At Segovia, increased investment in underground development and haulage infrastructure is building the mining capacity required to support higher production from the expanded processing facilities. We remain on track to achieve our 2026 production guidance. With Segovia and Marmato providing a clear path toward approximately 500,0002 ounces of annual production, and Soto Norte and Toroparu continuing to advance, Aris Mining is well positioned to deliver its longer-term growth strategy. At Soto Norte, the environmental studies and preparation of the environmental license application are nearing completion. At Toroparu, the prefeasibility study remains on schedule for completion in the second half of 2026." Q2 & H1 2026 Operational Performance Segovia produced 64.4 koz, bringing H1 2026 production to 131.0 koz. Marmato produced 9.3 koz, bringing H1 2026 production to 17.1 koz. 2026 Outlook Project Development Highlights Marmato expansion advancing toward commissioning and first gold Toroparu Project progressing toward a potential early 2027 construction decision Soto Norte Project nearing completion of environmental studies and environmental license application preparation Q2 2026 Conference Call Details Management will host a conference call on Wednesday, July 29, 2026, at 2:30 pm PT / 5:30 pm ET / 9:30 pm GMT to discuss the results. Participants may gain expedited access to the conference call by registering at Diamond Pass Registration. Once registered, call-in details will be displayed on screen which can be used to bypass the operator and avoid the call queue. Registration will remain open until the end of the live conference call. Webcast Link: Webcast | Q2 2026 Conference Call Conference Call Toll-free North America: +1-833-821-0197 International: +1-647-846-2328 Audio Recording After the call, an audio recording will be available via telephone until end of day on August 5, 2026 Toll-free in the US and Canada: +1-855-669-9658 International: +1-412-317-0088; and using the access code: 2624894 Aris Mining's Condensed Consolidated Interim Financial Statements for the three and six months ended June 30, 2026 and related MD&A are available on SEDAR+, in the Company’s filings with the U.S. Securities and Exchange Commission (the SEC) and in the Financials section of Aris Mining's website here. Hard copies of the financial statements are available free of charge upon written request to [email protected]. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces2, driven by the ramp-up at Segovia following the installation of the second mill which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production7. Key projects include the high-grade Soto Norte gold project in Colombia and the Toroparu gold project in Guyana, where a Prefeasibility Study is in progress and a construction decision is expected in early 2027. Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov. Endnotes 1. All references to adjusted earnings, EBITDA, adjusted EBITDA, growth capital investment, cash flow after sustaining capital and income taxes, cash costs ($ per oz) and AISC ($ per oz) are non-GAAP financial measures in this document. These measures are intended to provide additional information to investors. They do not have any standardized meanings under IFRS, and therefore may not be comparable to other issuers and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Refer to the Non-GAAP Measures section in this document for a reconciliation of these measures to the most directly comparable financial measure disclosed in the Company’s financial statements. 2. Reflects expected steady-state annual gold production run-rates of approximately 300 koz at Segovia and 200 koz at Marmato following completion and ramp-up of the respective expansion projects. For more information, please refer to the Company’s news releases dated June 30, 2025 regarding the Segovia expansion and March 12, 2025 regarding the Marmato expansion 3. Aris Mining operates its own mines and contracts with community-based mining partners, referred to as Contract Mining Partners or CMPs, to increase total gold production. Some partners work within Aris Mining’s infrastructure, while others manage their own mining operations on Aris Mining’s titles using their own infrastructure. In addition, Aris Mining purchases high grade mill feed from third-party contractors operating off-title, which further optimizes production and increases operating margins. 4. Net earnings represents net earnings attributable to owners of the company, as presented in the annual and interim financial statements for the relevant period. 5. See technical report dated October 28, 2025 and entitled "NI 43-101 Technical Report Preliminary Economic Assessment for the Toroparu Project Cuyuni-Mazaruni Region, Guyana". Note that this PEA is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 6. See technical report dated September 3, 2025 and entitled "NI 43-101 Technical Report Prefeasibility Study for the Soto Norte Project, Santander, Colombia." 7. Includes potential production estimates from Toroparu, which is based on a preliminary economic assessment effective October 21, 2025, which contemplates a 7.0 Mtpa operation over a 21.3-year mine life with average annual gold production of approximately 235 koz at a base case gold price of US$3,000/oz. The preliminary economic assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. There can be no assurance that the projected production will be achieved. In the case of Soto Norte and Toroparu, such production also remains subject to obtaining all necessary permits and to formal construction decisions by the Company. Non-GAAP Measures Cash costs & all-in sustaining cost per ounce As presented in the financial statements and notes thereto for the respective periods All-in sustaining cost per ounce – business units (Segovia) 1. As presented in the financial statements and notes thereto for the respective periods Operating free cash flow and free cash flow after growth and expansion capital 1. As presented in the financial statements and notes thereto for the respective periods. Additions to mineral interests, plant and equipment 1. As presented in the financial statements and notes thereto for the respective periods. Earnings before interest, taxes, depreciation, and amortization (EBITDA) and adjusted EBITDA 1. As presented in the financial statements and notes thereto for the respective periods 1. As presented in the financial statements and notes thereto for the respective periods. Adjusted net earnings and adjusted net earnings per share 1. As presented in the financial statements and notes thereto for the respective periods. 1. As presented in the financial statements and notes thereto for the respective periods. Cash Cost and All-in Sustaining Cost Cash costs per ounce, and all-in sustaining cost per ounce (as calculated in the tables above) are performance measures that reflect certain costs that are required to produce and sell an ounce of gold from operations. Management believes that these two measures are useful to market participants in assessing operating performance and the Company's ability to generate cash flow from current operations. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Operating Cash Flow and Free Cash Flow after Growth and Expansion Capital Cash flow from operations after sustaining capital and income taxes is calculated as adjusted net cash provided by operating activities, less sustaining capital and income taxes paid. Free cash flow after growth and expansion capital is calculated by further deducting growth and expansion capital. Management believes these measures are useful to market participants in assessing the Company’s ability to generate cash flow from operations after funding its capital requirements. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Growth and Expansion Capital Growth and expansion capital represents additions to depletable and non-depletable mineral interests, right of use assets, exploration projects, and plant and equipment that are not sustaining in nature. Management believes this measure is useful to market participants in assessing the level of capital invested to expand operations, develop projects and support future growth separately from capital required to sustain current operations. This measure does not have a standardized meaning under IFRS and may not be comparable to similar measures used by other issuers. EBITDA and Adjusted EBITDA EBITDA is calculated as earnings before tax, adjusted to add back depreciation and depletion, finance income, and interest and accretion. Adjusted EBITDA is calculated by further excluding items that management does not consider to be reflective of the underlying operating performance. Management believes these measures are useful to market participants in assessing the Company’s operating performance and ability to generate cash flow from operations. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Adjusted Net Earnings and Adjusted Net Earnings Per Share Adjusted net earnings is calculated as net earnings attributable to owners of the Company, adjusted for items that management does not consider to be reflective of the underlying operating performance of the Company Adjusted net earnings per share is calculated by dividing adjusted net earnings by the basic weighted average number of shares outstanding for the applicable period. Management believes these measures are useful to market participants in assessing the Company’s underlying financial performance and results on a per share basis. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Qualified Person and Technical Information Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by National Instrument 43-101 (NI 43-101), and has reviewed and approved the technical information contained in this news release. Forward-Looking Information This news release contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the Company’s ability to deliver on its 2026 objectives, updates and timing for completion, first gold pour and ramp-up at the Marmato CIP plant, the Company’s longer-term growth outlook, the timeline for submission of the environmental license application for the Soto Norte Project, the timeline for a Prefeasibility Study and construction decision for the Toroparu Project, the objective of reaching 1 million ounces of gold production, are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 11, 2026 which is available on SEDAR+ at www.sedarplus.ca and included as part of the Company’s Annual report on Form 40-F, filed with the SEC at www.sec.gov. Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company discloses in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information. View source version on businesswire.com: https://www.businesswire.com/news/home/20260729659384/en/ Contacts Aris Mining Oliver Dachsel Senior Vice President, Capital Markets+1.917.847.0063Lillian Chow Director, Investor Relations & [email protected]
TranscriptFY2026 Q22026-07-29FY2026 Q2 earnings call transcript
Earnings source - 31 paragraphs
FY2026 Q2 earnings call transcript
Good day, everyone, welcome to the Aris Mining second quarter 2026 results conference call. We will begin with an overview from management, followed by a question and answer period. To join the question queue, you may press star then one on your telephone keypad. You will hear a tone acknowledging your request. As a reminder, all participants are in listen-only mode and the conference is being recorded. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. Please note that the accompanying presentation that management will refer to during today's call can be found in the events and presentation section of arismining.com. Second quarter 2026 financial reports for Aris Mining have been filed on SEDAR+ and EDGAR and can also be found on their website.
I would now like to turn the conference over to Mr. Neil Woodyer, Chair and Chief Executive Officer. Please go ahead.
Thank you, operator, welcome to our Q2 2026 earnings call. Today joining me are Doug, Oliver, Cam, Dustin, Corné, and Alejandro. Before we begin, please note the disclaimer on slide two. Moving to slide three. The headline for the quarter is straightforward. We've delivered a strong first half year and remain firmly on track for our full year guidance. The Q2 numbers I'd like to highlight include 74,000 ounces of gold production, $179 million of adjusted EBITDA, and a quarter end cash balance of $426 million. More important than any quarterly number is what these results allowed us to do. The first half year, our operating cash flow after taxes was $200 million, which funded our capital expenditures of $196 million, allowing us to maintain a strong cash position.
Our financial strength enables us to advance the execution of a growth treasury across all four of our assets. At Segovia, the expanded mill is performing well. Our focus has shifted underground, where we're adding the haulage capacity and mining flexibility needed to keep plant consistently full. We expect that work to translate into higher production in the second half and a full run rate capacity for next year. At Marmato, the project focus is moving from major construction towards startup readiness. The Bulk zone is now connected directly to the new plant area, and the second ball mills are on site and mechanical installation is underway. First gold remains on schedule for the fourth quarter of this year. At Toroparu, the pre-feasibility study remains on schedule for completion in the second half of this year, supporting a construction decision targeted for early 2027.
At Soto Norte, the environmental studies will be ready for submission. The story for the past half year is one of execution. Strong performance from the producing assets, visible progress on the growth projects, and a clear path to our 2026 production guidance of 300,000 to 350,000 ounces. With that, I'll pass to Cam to review our financial performance.
Thanks, Neil. Turning to slide four. Starting with our cash position. We started Q2 with $472 million of cash and ended at $426 million. The cash movement here mainly reflects the timing of our annual Colombian tax payments and the significant capital we put into Marmato and Segovia this quarter, as detailed on the slide. The bigger picture is really the funding story. Over the first half of the year, our after-tax operating cash flow essentially covered our entire capital program. We stayed free cash flow positive even as we pushed forward on multiple major growth initiatives at once. Despite revving up investment meaningfully in Q2, we ended the quarter with a cash balance above where we finished in 2025. Turning to slide five. These charts really tell the story of our operating momentum behind that financial strength.
Since we expanded Segovia's processing capacity back in 2025, we've seen a clear step change in production. First half gold sales were up 27% year-over-year, and on a trailing 12-month basis, we're now approaching 300,000 ounces. Combine that higher volume with stronger gold prices, and you get record first half revenue, adjusted EBITDA and earnings. What these charts really show is that our operating growth is translating directly into cash generation and profitability. With that, I'll hand it over to Dustin to walk through the operations.
Thanks, Cam. Turning to slide six. Our operations generated consolidated gold production of 74,000 ounces in the second quarter and 148,000 ounces for the first half of 2026. Segovia remains our main production contributor, while Marmato's production impact is beginning to increase as activity in the Bulk Mining Zone builds. At Segovia, the operating picture remains strong. Year-to-date owner mining AISC at $1,623 an ounce are below our full year guidance range, even as we increase investment in underground development to support increased mining rates. Our contract mining partner CMPs is also performing well, with our year-to-date sales margin of 43% above the top end of guidance. Together, the owner mined and CMP supplied ounces continue to generate very strong all-in sustaining margins.
A hundred and fifty-seven million in Q2 and $356 million for the first half of the year. The chart on the lower right makes that point clearly. Even with the gold price dipping from the first quarter's record level, Segovia's economics remain very strong and well ahead of last year. Moving to slide seven. The important message here is that the production profile is progressing as planned. In the first half of the year, consolidated production totaled 148,000 ounces, close to 50% of the full year guidance midpoint. We entered the year expecting a stronger second half, driven by two very specific factors. First, at Segovia, the production ramp-up continues to progress. Ongoing underground development is increasing mining and haulage capacity, which is expected to provide additional mill feed and support higher production in the second half.
Second, at Marmato, the existing flotation plant can support the low end of the annual guidance range on its own. The ramp-up of the Bulk Mining Zone has allowed us to fill the existing mill, while commissioning of the new CIP plant in the fourth quarter creates the opportunity to move higher within that range, and more importantly, sets up a much larger contribution in 2027. These two drivers support our confidence in the 2026 guidance range and position the company for another meaningful step-up in production next year. Turning to slide eight. Here we outline our plan to unlock Segovia's full potential. The expanded processing plant is no longer the constraint. The task is now to increase the rate at which we can develop, mine, and move ore underground.
To achieve this, we have increased capital investments at Segovia to $48 million in H1, which includes both sustaining and non-sustaining capital. We are developing new ramps at El Silencio and Providencia and building a main haulage circuit that connects El Silencio, Providencia, and San Roque. This will improve the movement of people, equipment, and ore across the complex. At the same time, we are renewing and expanding the mobile fleet, including new bolters, jumbos, trucks, and loaders. These are practical investments aimed at shortening cycle times and giving the mine more flexibility. Together, these investments are expected to increase mill feed, improve haulage efficiency, and reduce traffic through town. They are important enablers of higher production in the second half of 2026 and beyond. With that, I'd like to pass it over to Corné for an update on Marmato.
Moving to slide nine. At Marmato, the project is increasingly shifting from construction progress to operational readiness. Completing the Los Indios cross-cut in April was a major milestone. It created direct underground access between the Bulk Mining Zone and the new plant, improving ventilation and haulage, and allowing us to prepare stopes and build the initial ore stock pile for commissioning. Mining capacity in the Bulk Mining Zone has increased and is already contributing to production growth through the existing flotation plant. New mining equipment will begin arriving in the third quarter, and the main decline is now more than 85% complete. Put simply, the mine is getting ready to feed the new plant. The remaining capital requirements and funding sources are set out on the slide. So far this year, we invested approximately $120 million in growth capital expenditures at Marmato.
We now estimate the remaining $118 million will be required through year-end to complete commissioning and achieve first gold. Additional expenditures are related to project improvements across various areas of the mine infrastructure. Some of the additional expenditures are also being incurred to ensure operational readiness, including building a mill feed stock pile and the timely delivery of critical path equipment. We expect a total investment of approximately $238 million this year, compared with the $220 million budget we established at the start of the year. In terms of project funding, we expect to receive the final $42 million of Wheaton installment in Q3. Of the $118 million of estimated cost to complete required for commissioning and achieving first gold, our net funding requirement is approximately $76 million. That portion is going to get funded from cash on hand and operating cash flow. In summary, the mine is ready.
Mill construction and commissioning remain on schedule. We continue to expect first gold in the fourth quarter, followed by a staged ramp-up into 2027. Moving to slide 10. The photos give a good sense of the pace and scale of activity on site. We now have almost 1,600 construction personnel working across day and night shifts, with more than 4 million work hours invested in the project. I am particularly proud that the construction team has gone 457 days without a lost time injury. Since our last update, the SAG and ball mills have arrived and mechanical installation has begun. The crusher area is moving into mechanical installation. The leach tanks and CIP circuit are progressing well. The tailings thickener is mechanically assembled. The main substation installation is advancing according to schedule. There is still work ahead. The project is visibly coming together.
An up-to-date construction video is available on our website.
The link is available at the bottom of this slide. Moving to slide 11. Beyond the producing assets, Soto Norte and Toroparu are moving toward their next major milestones. At Toroparu, the pre-feasibility study remains on track for completion. Engineering and optimization work is progressing, while pre-construction activities is already visible on site through the Pereni bridge, camp expansion, road improvements, other infrastructure. Our Guyana team has grown to 100 people. We continue to target a construction decision in early 2027. With that, I'd like to pass it over to Neil for his closing remarks.
Turning to slide 12. Let me close by bringing the pieces together. We entered 2026 with a clear plan: deliver from our producing operations, complete the build at Marmato, and continue advancing our two new mine growth projects. At the halfway point, that plan remains on track. We continue to expect to achieve our full year's production guidance. At Segovia, we're starting to fill the processing capacity which we have already installed. At Marmato, the new CIP plant remains on schedule for first gold, followed by a staged ramp-up through 2027. Together, Segovia and Marmato provide a clear path forward to approximately 500,000 ounces of annual gold production in the near term. Beyond that, Toroparu and Soto Norte provide the next leg of growth. As I look forward, we have a strong operating base, a strong balance sheet, and a clear sequence of achievable milestones in front of us.
I'd like to thank you for joining us today, operator, could you please open the line for questions?
Certainly. To join the question queue, you may press star then one on your telephone keypad. You will hear a tone acknowledging your request. If you're using a speakerphone, please pick up your handset before pressing any keys. To withdraw your question, please press star then two. The first question comes from Carey MacRury with Canaccord Genuity. Please go ahead.
Hi, good afternoon, guys, congrats on a strong quarter. Maybe first for Dustin, just wondering if you can give us some more color on the Segovia ramp-up. I know tonnage was up this quarter. I know you're working on the Silencio, the new ramp there. Is that what's needed to take throughput up, or should we expect throughput to rise through Q3 and Q4?
Hi, Carey. Good to hear from you. Exactly as we discussed. Our guidance is more heavily weighted to the second half as these ramps and all our additional development comes online, opens up additional ore faces, and our Silencio ramp to surface breaks through in Q4. As you can see, our weighting goes more towards Q3 and probably later Q3 and into 2027.
What's the haulage capacity of that new ramp that's coming on?
The ramp itself, it's not really a capacity issue. It allows additional feed through Silencio. It takes the bottleneck off the main shaft at Silencio, which is restricted to about 750 tons a day. That ramp really will just open up some new areas that can actually come through the ramp. It won't run it at capacity. I'd have to run the calcs, it takes some of that feed off the shaft and allows some closer to shaft material to come up the shaft and closer ramp material to come up the ramp. It starts to just de-bottleneck and decongest Silencio mine.
Maybe for Cam, just on cash taxes, I think you mentioned, you did have a big payment in Q2, normally it is in Q2. Just wondering what we should expect for the rest of the year. Is that most of the cash taxes done for this year, or should we expect some in Q3, Q4?
Hi, Carey. Thanks. Q2 is the timing, and that's when we file our annual returns, there's that catch up. Q2 is always the heaviest. I think if you look back at last year, you'll see a relative proportion. I think it made up almost 50% of our cash taxes paid was in the second quarter. We'll see cash taxes increasing because of our increased net income, but the proportion will be similar to what you saw in prior years, with the heaviest amount being in the second quarter.
Okay, that's great. Maybe one for you, Neil. Obviously, we had an election in Colombia. I know it's early days. New president hasn't been inaugurated yet. Any comments on the change in government there?
Okay. The change in government gets complete next Saturday. I think we've had a good relationship with the current government. I think they appreciated what we have been doing with our Contract Mining Partners at Segovia. We did the first formalization at Marmato with them. They have taken our revamp of Soto Norte to review. We've had a good relationship with them. I think the incoming government remains to be seen what their relationship with. Sufficient to say that we spent yesterday at Segovia and Marmato with the incoming minister of environment, with his number 2, and also with the president of ANLA. We had a good review of what's happening, a great deal of vocal support from them. Hopefully, the situation continues in the future.
Great. Good to hear. I'll leave it there and pass it on. Thanks.
Once again, if you have a question, please press star then one. Since there are no further questions, I would like to turn the conference back over to Mr. Verdier for any closing remarks. Please go ahead.
Thank you, operator. We appreciate it very much. Thank you, everybody, for joining us. As I say, we've had a good half year. We look forward to a good year. Thank you for joining us today.
This brings to a close today's conference call. You may disconnect your lines. Thank you for participating, and have a pleasant day.
Investor releaseQuarter not tagged2026-07-15Aris Mining Announces Q2 2026 Earnings Release Date
Business Wire
Aris Mining Announces Q2 2026 Earnings Release Date
VANCOUVER, British Columbia, July 15, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) will publish its second quarter 2026 financial results after market close on Wednesday, July 29, 2026 and host a conference call on the same day at 2:30 pm PT / 5:30 pm ET / 9:30 pm GMT to discuss the results. Participants may gain expedited access to the conference call by registering at Diamond Pass Registration. Once registered, call-in details will be displayed on screen which can be used to bypass the operator and avoid the call queue. Registration will remain open until the end of the live conference call. Webcast Link: Webcast | Q2 2026 Conference Call Conference Call Toll-free North America: +1-833-821-0197 International: +1-647-846-2328 Audio Recording After the call, an audio recording will be available via telephone until end of day August 5, 2026 Toll-free in the US and Canada: +1-855-669-9658 International: +1-412-317-0088; and using the access code: 2624894 A replay of the event will be archived at Events & Presentations - Aris Mining Corporation. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces1, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production2. Key projects include the high-grade Soto Norte gold project in Colombia and the Toroparu gold project in Guyana, where a Prefeasibility Study is in progress and a construction decision is expected in early 2027. Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov. Cautionary Language Qualified Person Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a…Read full documentShow less
VANCOUVER, British Columbia, July 15, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) will publish its second quarter 2026 financial results after market close on Wednesday, July 29, 2026 and host a conference call on the same day at 2:30 pm PT / 5:30 pm ET / 9:30 pm GMT to discuss the results. Participants may gain expedited access to the conference call by registering at Diamond Pass Registration. Once registered, call-in details will be displayed on screen which can be used to bypass the operator and avoid the call queue. Registration will remain open until the end of the live conference call. Webcast Link: Webcast | Q2 2026 Conference Call Conference Call Toll-free North America: +1-833-821-0197 International: +1-647-846-2328 Audio Recording After the call, an audio recording will be available via telephone until end of day August 5, 2026 Toll-free in the US and Canada: +1-855-669-9658 International: +1-412-317-0088; and using the access code: 2624894 A replay of the event will be archived at Events & Presentations - Aris Mining Corporation. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces1, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production2. Key projects include the high-grade Soto Norte gold project in Colombia and the Toroparu gold project in Guyana, where a Prefeasibility Study is in progress and a construction decision is expected in early 2027. Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov. Cautionary Language Qualified Person Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by NI 43-101, and has reviewed and approved the technical information contained in this news release. Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the timing for completion and first gold pour at the Marmato bulk zone, the expected benefit from the Segovia expansion, the timeline for a Prefeasibility Study and construction decision for the Toroparu Project, the objective of reaching 1 million ounces of production, are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 11, 2026 which is available on SEDAR+ at www.sedarplus.ca and included as part of the Company’s Annual report on Form 40-F, filed with the SEC at www.sec.gov. Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information. View source version on businesswire.com: https://www.businesswire.com/news/home/20260715497515/en/ Contacts Aris Mining Contact Oliver Dachsel Senior Vice President, Capital Markets+1.917.847.0063 Lillian Chow Director, Investor Relations & [email protected]
Investor releaseQuarter not tagged2026-05-28RUA GOLD Welcomes Richard Thomas to the Board of Directors and Announces 2026 AGSM Results
TMX Newsfile
RUA GOLD Welcomes Richard Thomas to the Board of Directors and Announces 2026 AGSM Results
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce the election of Richard Thomas as an independent director of the Company. Mr. Thomas is a highly experienced mining executive with more than 35 years in the mining industry. He has held senior leadership positions throughout his career, most recently serving as Chief Operating Officer and co-founder of Aris Mining. His expertise spans mine development, technical services, project execution, and business strategy, with a strong track record of improving production, extending mine life, and enhancing safety performance. A qualified Mining Engineer, Mr. Thomas has led operations and large-scale projects across Africa, Asia, and the Americas. Mr. Thomas' extensive operational and development experience, together with his understanding of the opportunities within RUA GOLD's growth strategy, will provide valuable guidance to the Board as the Company advances its corporate and exploration objectives. Oliver Lennox-King, Chair of RUA GOLD, commented "I am pleased to welcome Richard to the RUA GOLD Board as an independent director. He brings significant technical expertise and extensive project development experience, which will be of substantial benefit to the Company as we advance the prefeasibility study currently underway on the Reefton Gold Project." The Company also announces that Paul Criddle and Mario Vetro did not stand for re-election to the Board of Directors. RUA GOLD would like to thank both Mr. Criddle and Mr. Vetro for their years of dedicated service as independent directors, and for their valuable capital markets and technical support during their tenure as directors. AGM Voting Results RUA GOLD also announces the voting results from its Annual General Meeting held on May 28, 2026 (the "AGSM"). Shareholders voted in favour of all items of business presented at the AGSM, as detailed below. A total of 114,934,427 shares were represented at the AGSM, representing 64.91% of the Company's issued and outstanding shares. At the AGSM, the Shareholders of the Company also approved: ABOUT RUA GOLD RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across…Read full documentShow less
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce the election of Richard Thomas as an independent director of the Company. Mr. Thomas is a highly experienced mining executive with more than 35 years in the mining industry. He has held senior leadership positions throughout his career, most recently serving as Chief Operating Officer and co-founder of Aris Mining. His expertise spans mine development, technical services, project execution, and business strategy, with a strong track record of improving production, extending mine life, and enhancing safety performance. A qualified Mining Engineer, Mr. Thomas has led operations and large-scale projects across Africa, Asia, and the Americas. Mr. Thomas' extensive operational and development experience, together with his understanding of the opportunities within RUA GOLD's growth strategy, will provide valuable guidance to the Board as the Company advances its corporate and exploration objectives. Oliver Lennox-King, Chair of RUA GOLD, commented "I am pleased to welcome Richard to the RUA GOLD Board as an independent director. He brings significant technical expertise and extensive project development experience, which will be of substantial benefit to the Company as we advance the prefeasibility study currently underway on the Reefton Gold Project." The Company also announces that Paul Criddle and Mario Vetro did not stand for re-election to the Board of Directors. RUA GOLD would like to thank both Mr. Criddle and Mr. Vetro for their years of dedicated service as independent directors, and for their valuable capital markets and technical support during their tenure as directors. AGM Voting Results RUA GOLD also announces the voting results from its Annual General Meeting held on May 28, 2026 (the "AGSM"). Shareholders voted in favour of all items of business presented at the AGSM, as detailed below. A total of 114,934,427 shares were represented at the AGSM, representing 64.91% of the Company's issued and outstanding shares. At the AGSM, the Shareholders of the Company also approved: ABOUT RUA GOLD RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of RUA GOLD's two highly prospective high-grade gold projects. The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t(1). The Company's Glamorgan Project solidifies RUA GOLD's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver(2). Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga. For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca. RUA GOLD Contact This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding, without limitation: the result of the Company's Fast-Track application; the timing and results of a preliminary economic assessment or pre-feasibility study; the timing and result of any mining permit application; and the Company's strategies, expectations, planned operations or future actions, including but not limited to the Company's proposed underground mine operations at its Auld Creek prospect. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war and the war in the Middle East; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. Forward-looking statements are based on the assumptions, beliefs, estimates and opinions of the Company's management on the date the statements are made, which include but are not limited to: to the accuracy of the Company's current mineral resource estimates; that there will be no material adverse change affecting the Company or its properties; the duration and effect of global and local inflation; geo-political uncertainties on the Company's workforce, business, operations and financial condition; the expected trends in mineral prices, inflation and currency exchange rates; that all required approvals and permits will be obtained for the Company's business and operations on acceptable terms including for underground mining at Auld Creek; that there will be no significant disruptions affecting the Company's operations and such other assumptions herein. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. 1. Technical Report on the Reefton Project, New Zealand, with an effective date of February 27, 2026 available under the Company's SEDAR+ profile at www.sedarplus.ca. 2. Christie, A., Simpson, M., Barker, R., and Braithwaite, R. 2019. Exploration for epithermal Au-Ag deposits in New Zealand: history and strategy. New Zealand Journal of Geology and Geophysics, 62:1, 414-441. NI 43-101 Technical Report, Waihi District Pre-feasibility Study, New Zealand. OceanaGold Corporation, Report Date: December 11, 2024. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299330
Investor releaseQuarter not tagged2026-05-13Aris Mining (ARIS) Reports Record Q1 2026 Results Driven by Increased Gold Production
Insider Monkey
Aris Mining (ARIS) Reports Record Q1 2026 Results Driven by Increased Gold Production
Aris Mining Corporation (NYSE:ARIS) is one of the best Canadian gold stocks to buy right now. On May 6, Aris Mining reported record financial results for Q1 2026, highlighted by $364 million in gold revenue and adjusted net earnings of $124 million ($0.60 per share). Gold production rose to 74.3 thousand ounces, a 6% increase from the previous quarter, driven by the Segovia Operations and the Marmato Mine. The company strengthened its balance sheet significantly, ending the quarter with $472 million in cash and reducing its net debt to near zero. Operations at Segovia saw a 5% production increase to 66.6 thousand ounces, benefiting from higher mill feed grades and owner-operated mining costs of $1,492 per ounce, which outperformed annual guidance. At Marmato, production rose 16%, and construction of the new 5,000 tonnes per day CIP plant remains on schedule for first gold in Q4 2026. A major milestone was achieved in April with the underground decline breakthrough, providing direct access to the new plant infrastructure. Photo by Scottsdale Mint on Unsplash Aris Mining Corporation (NYSE:ARIS) is also advancing its growth pipeline toward a long-term goal of 1 million annual ounces of gold production. The Toroparu Project in Guyana is undergoing a prefeasibility study targeted for completion in H2 2026, with a construction decision expected in early 2027. Meanwhile, at the Soto Norte Project in Colombia, the company is finalizing studies for an environmental license application to be submitted in Q2 2026, using a collaborative approach with local regulators and community miners. Aris Mining Corporation (NYSE:ARIS) operates, develops, and explores gold, silver, and copper projects across Canada, Colombia, and Guyana. While we acknowledge the potential of ARIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
Investor releaseQuarter not tagged2026-05-08Aris Mining Reports Results of 2026 Annual General Meeting
Business Wire
Aris Mining Reports Results of 2026 Annual General Meeting
VANCOUVER, British Columbia, May 07, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) reports voting results from its Annual General Meeting of Shareholders (the Meeting) held earlier today. AGM Voting Results Shareholders holding 86,832,318 shares, being 42.09% of the outstanding shares of the Company, were represented in-person or by proxy at the Meeting. The voting results from the Meeting are as follows: Election of Directors The following directors were elected to the Company’s Board: Appointment of Auditor KPMG LLP was appointed as the auditor of the Company for the 2026 fiscal year, with their remuneration to be set by the Board. RSU Plan Resolution The Company’s amended and restated restricted share unit plan, together with all unallocated share units, rights or other entitlements pertaining to such plan, were approved. PSU Plan Resolution The Company’s amended and restated performance share unit plan, together with all unallocated share units, rights or other entitlements pertaining to such plan, were approved. Stock Option Plan Resolution The Company’s amended and restated incentive stock option plan, together with all unallocated options, rights or other entitlements pertaining to such stock option plan, were approved. Say-on-Pay Advisory Vote The Company’s non-binding shareholder advisory vote on executive compensation, also known as "Say-on-Pay", was approved. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces1, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production2. Key projects include the high-grade Soto Norte gold project in Colombia, where environmental studies are being finalized…Read full documentShow less
VANCOUVER, British Columbia, May 07, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) reports voting results from its Annual General Meeting of Shareholders (the Meeting) held earlier today. AGM Voting Results Shareholders holding 86,832,318 shares, being 42.09% of the outstanding shares of the Company, were represented in-person or by proxy at the Meeting. The voting results from the Meeting are as follows: Election of Directors The following directors were elected to the Company’s Board: Appointment of Auditor KPMG LLP was appointed as the auditor of the Company for the 2026 fiscal year, with their remuneration to be set by the Board. RSU Plan Resolution The Company’s amended and restated restricted share unit plan, together with all unallocated share units, rights or other entitlements pertaining to such plan, were approved. PSU Plan Resolution The Company’s amended and restated performance share unit plan, together with all unallocated share units, rights or other entitlements pertaining to such plan, were approved. Stock Option Plan Resolution The Company’s amended and restated incentive stock option plan, together with all unallocated options, rights or other entitlements pertaining to such stock option plan, were approved. Say-on-Pay Advisory Vote The Company’s non-binding shareholder advisory vote on executive compensation, also known as "Say-on-Pay", was approved. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces1, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production2. Key projects include the high-grade Soto Norte gold project in Colombia, where environmental studies are being finalized for submission in Q2 2026 to initiate the licensing process, and the Toroparu gold project in Guyana, where a Prefeasibility Study is in progress and a construction decision is expected in early 2027. Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov. Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the timing for completion and first gold pour at the Marmato Bulk Mining Zone, the expected benefit from the Segovia expansion, the timeline for environmental studies for the Soto Norte Project, the timeline for a Prefeasibility Study and construction decision for the Toroparu Project, the objective of reaching 1 million ounces of production, are forward-looking. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward-looking information or statements are disclosed throughout this news release. Forward-looking information and forward-looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward-looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 11, 2026 which is available on SEDAR+ at www.sedarplus.ca and included as part of the Company’s Annual report on Form 40-F, filed with the SEC at www.sec.gov. Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information. View source version on businesswire.com: https://www.businesswire.com/news/home/20260507439400/en/ Contacts Aris Mining Contact Oliver Dachsel Senior Vice President, Capital Markets +1.917.847.0063 Lillian Chow Director, Investor Relations & Communications [email protected]
Investor releaseQuarter not tagged2026-05-07Aris Mining Reports Q1 2026 Results
Business Wire
Aris Mining Reports Q1 2026 Results
Record Revenue, Cash Flow, and Adjusted Earnings with All Four Assets Advancing VANCOUVER, British Columbia, May 06, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) announces its financial and operating results for the three months ended March 31, 2026 (Q1 2026). All amounts are in U.S. dollars unless otherwise indicated. Q1 2026 Financial Performance Production of 74.3 thousand ounces (koz) of gold, up 6% from Q4 2025. Gold revenue of $364 million, up 21% from Q4 2025. Adjusted EBITDA1 of $212 million, up 26% from Q4 2025. On a trailing 12-month basis, Adjusted EBITDA1 of $610 million. Adjusted net earnings of $124 million or $0.60/share, up from $0.46/share in Q4 2025. Cash balance of $472 million as of March 31, 2026, up $80 million from December 31, 2025. Net debt reduced to near zero. Neil Woodyer, Chair and CEO, commented, "Supported by record financial results and strong cash generation from our operations, we advanced all four of our assets in Q1 2026. At Segovia, the ongoing ramp-up contributed to a 5% increase in production compared with Q4 2025. At Marmato, construction of the new 5,000 tonnes per day (tpd) CIP plant remains on schedule for first gold in Q4 2026, and the April 2026 decline breakthrough into the cross-cut marked an important milestone, providing direct access to the plant. At Toroparu, 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, 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.2 With the right assets in place, we remain focused on executing and delivering against our plans." Q1 2026 Operational Performance Segovia produced 66.6 koz, a 5% increase over Q4 2025. Production reflected the processing of 175.4 thousand tonnes (kt) at 12.41 g/t, compared to 201.1 kt at 10.10 g/t in Q4 2025. AISC margin increased 31% to $199 million fro…Read full documentShow less
Record Revenue, Cash Flow, and Adjusted Earnings with All Four Assets Advancing VANCOUVER, British Columbia, May 06, 2026--(BUSINESS WIRE)--Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) announces its financial and operating results for the three months ended March 31, 2026 (Q1 2026). All amounts are in U.S. dollars unless otherwise indicated. Q1 2026 Financial Performance Production of 74.3 thousand ounces (koz) of gold, up 6% from Q4 2025. Gold revenue of $364 million, up 21% from Q4 2025. Adjusted EBITDA1 of $212 million, up 26% from Q4 2025. On a trailing 12-month basis, Adjusted EBITDA1 of $610 million. Adjusted net earnings of $124 million or $0.60/share, up from $0.46/share in Q4 2025. Cash balance of $472 million as of March 31, 2026, up $80 million from December 31, 2025. Net debt reduced to near zero. Neil Woodyer, Chair and CEO, commented, "Supported by record financial results and strong cash generation from our operations, we advanced all four of our assets in Q1 2026. At Segovia, the ongoing ramp-up contributed to a 5% increase in production compared with Q4 2025. At Marmato, construction of the new 5,000 tonnes per day (tpd) CIP plant remains on schedule for first gold in Q4 2026, and the April 2026 decline breakthrough into the cross-cut marked an important milestone, providing direct access to the plant. At Toroparu, 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, 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.2 With the right assets in place, we remain focused on executing and delivering against our plans." Q1 2026 Operational Performance Segovia produced 66.6 koz, a 5% increase over Q4 2025. Production reflected the processing of 175.4 thousand tonnes (kt) at 12.41 g/t, compared to 201.1 kt at 10.10 g/t in Q4 2025. AISC margin increased 31% to $199 million from Q4 2025, supported in part by a 23% increase in average mill feed grade. Owner-operated mining contributed 64% of the mill feed, while Contract Mining Partner (CMP) sourced mill feed contributed 36%, consistent with Q4 2025. Owner-operated mining AISC was $1,492/oz, compared to $1,662/oz in Q4 2025, outperforming the full-year 2026 guidance range of $1,700 to $1,800/oz, primarily reflecting a 14% increase in owner-mining attributable ounces sold, driven in part by higher average grades. CMP-sourced gold delivered an AISC sales margin of 40%, achieving the top-end of the full-year 2026 guidance range of 35% to 40%. Combined AISC was $1,963/oz, up 4% from $1,891/oz in Q4 2025, reflecting the factors driving Owner-operated mining and CMP AISC described above. Marmato produced 7.8 koz, a 16% increase over Q4 2025. Production reflected the processing of 77.0 kt at 3.53 g/t, compared to 74.6 kt at 3.12 g/t in Q4 2025. This increased production reflects the operating capacity of the existing flotation plant together with mill feed sourced primarily from ore development and stopes in the Bulk Mining Zone. Throughput is expected to increase materially upon commissioning of the new Carbon-in-Pulp (CIP) plant later this year in the fourth quarter. Aris Mining plans to exit 2026 operating the 5,000 tpd design capacity CIP plant at approximately 3,000 tpd. Production is expected to increase through 2027, with throughput increasing to approximately 4,000 tpd by mid-2027 and reaching the full 5,000 tpd by the end of 2027 when the paste backfill plant is fully commissioned. Project Development Highlights Strong operating cash flow fully funded growth and generated $42 million in net cash flow In Q1 2026, operations generated $103 million in cash flow after sustaining capital and income taxes, fully funding the Company’s growth and expansion initiatives. After expansion capital, Aris Mining generated net cash flow of $42 million. Refer to the cash-flow summary in the following sections and MD&A for additional analysis. Marmato construction advancing on schedule The new underground decline has now broken through into the cross-cut, marking an important milestone that provides direct access from the Bulk Mining Zone to the new 5,000 tpd CIP plant. This connection establishes an additional access and ventilation pathway, facilitates ore and waste haulage between existing and new infrastructure, and supports the initial ramp-up of mine production. The main civil, mechanical, and electrical works are advancing, with foundations for the mills, tailings thickener, and leach and CIP tanks completed. Construction of underground workshops, main pump station and field offices will begin in Q2 2026. First gold from the new CIP plant remains on schedule for Q4 2026. Toroparu Project (100% owned, Guyana) Aris Mining initiated a Prefeasibility Study (PFS) last year, targeted for completion in H2 2026, to support a construction decision in early 2027. Work on updated mineral resource and reserve estimates is progressing well with mine scheduling and optimizations currently underway. Alongside the PFS, Aris Mining is also conducting geotechnical drilling, metallurgical test work, mining operation trade-off studies and detailed engineering to enable construction readiness by early 2027. Select pre-construction activities are continuing, including construction of the bridge at the Puruni River crossing, key personnel ramp up, camp expansion and ongoing road works. Preliminary Economic Assessment (PEA) completed in October 2025, outlining an attractive project with average annual gold production of 235 koz and an after-tax NPV5% of $1.8 billion, IRR of 25%, and 3.0-year payback at an assumed gold price of $3,000/oz.5 Soto Norte Project (100% owned, Colombia) The studies required for submission of the environmental license application in support of the development of Soto Norte are nearing completion, supporting a targeted Q2 2026 submission. Aris Mining continues active engagement with the Colombian regulators to support a collaborative approach to the environmental license submission and review process. PFS completed in September 2025, demonstrating robust economics with average annual gold production (years 2 to 10) of 263 koz and an after-tax NPV5% of $2.7 billion, IRR of 35%, and 2.3-year payback at an assumed gold price of $2,600/oz.6 Strong leverage to higher gold prices, at $3,000/oz the NPV5% increases to $3.3 billion with an IRR of 40%. The PFS incorporates industry-leading environmental and social design features, including a metallurgical process free of cyanide and mercury and the integration of local community miners – 750 tpd (over 20% of Soto Norte’s 3,500 tpd processing capacity) has been dedicated to local contract mining partners. Q1 2026 Conference Call Details Management will host a conference call on Thursday, May 7, 2026, at 6:00 am PT / 9:00 am ET / 2:00 pm GMT to discuss the results. Participants may gain expedited access to the conference call by registering at Diamond Pass Registration. Once registered, call-in details will be displayed on screen which can be used to bypass the operator and avoid the call queue. Registration will remain open until the end of the live conference call. Webcast Link: Webcast | Q1 2026 Conference Call Conference Call Toll-free North America: +1-833-821-0197 International: +1-647-846-2328 Audio Recording After the call, an audio recording will be available via telephone until end of day May 14, 2026 Toll-free in the US and Canada: +1-855-669-9658 International: +1-412-317-0088; and using the access code: 7133252 A replay of the event will be archived at Events & Presentations - Aris Mining Corporation. Aris Mining's Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2026 and related MD&A are available on SEDAR+, in the Company’s filings with the U.S. Securities and Exchange Commission (the SEC) and in the Financials section of Aris Mining's website here. Hard copies of the financial statements are available free of charge upon written request to [email protected]. About Aris Mining Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the TSX and NYSE under the symbol ARIS. The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces 7, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026. Aris Mining’s portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production2. Key projects include the high-grade Soto Norte gold project in Colombia, where environmental studies are being finalized for submission in Q2 2026 to initiate the licensing process, and the Toroparu gold project in Guyana, where a Prefeasibility Study is in progress to support a construction decision expected in early 2027. Additional information on Aris Mining can be found at www.aris-mining.com, www.sedarplus.ca, and on www.sec.gov. Endnotes 1. All references to adjusted earnings, EBITDA, adjusted EBITDA, growth capital investment, cash flow after sustaining capital and income taxes, cash costs ($ per oz) and AISC ($ per oz) are non-GAAP financial measures in this document. These measures are intended to provide additional information to investors. They do not have any standardized meanings under IFRS, and therefore may not be comparable to other issuers and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Refer to the Non-GAAP Measures section in this document for a reconciliation of these measures to the most directly comparable financial measure disclosed in the Company’s financial statements. 2. Includes potential production estimates from Toroparu, which is based on a preliminary economic assessment effective October 21, 2025, which contemplates a 7.0 Mtpa operation over a 21.3-year mine life with average annual gold production of approximately 235 koz at a base case gold price of US$3,000/oz. The preliminary economic assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. There can be no assurance that the projected production will be achieved. In the case of Soto Norte and Toroparu, such production also remains subject to obtaining all necessary permits and to formal construction decisions by the Company. 3. Aris Mining operates its own mines and contracts with community-based mining partners, referred to as Contract Mining Partners or CMPs, to increase total gold production. Some partners work within Aris Mining’s infrastructure, while others manage their own mining operations on Aris Mining’s titles using their own infrastructure. In addition, Aris Mining purchases high grade mill feed from third-party contractors operating off-title, which further optimizes production and increases operating margins. 4. Net earnings represents net earnings attributable to owners of the company, as presented in the annual and interim financial statements for the relevant period. 5. See technical report dated October 28, 2025 and entitled "NI 43-101 Technical Report Preliminary Economic Assessment for the Toroparu Project Cuyuni-Mazaruni Region, Guyana". Note that this PEA is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 6. See technical report dated September 3, 2025 and entitled "NI 43-101 Technical Report Prefeasibility Study for the Soto Norte Project, Santander, Colombia." 7. Reflects expected steady-state annual gold production run-rates of approximately 300 koz at Segovia and 200 koz at Marmato following completion and ramp-up of the respective expansion projects. For more information, please refer to the Company’s news releases dated June 30, 2025 regarding the Segovia expansion and March 12, 2025 regarding the Marmato expansion. Non-GAAP Measures Cash costs & all-in sustaining cost per ounce All-in sustaining cost per ounce – business units (Segovia) Operating free cash flow and free cash flow after growth and expansion capital Additions to mineral interests, plant and equipment Earnings before interest, taxes, depreciation, and amortization (EBITDA) and adjusted EBITDA Adjusted net earnings and adjusted net earnings per share Cash Cost and All-in Sustaining Cost Cash costs per ounce, and all-in sustaining cost per ounce (as calculated in the tables above) are performance measures that reflect all the expenditures that are required to produce and sell an ounce of gold from operations. Management believes that these two measures are useful to market participants in assessing operating performance and the Company's ability to generate cash flow from current operations. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Operating Cash Flow and Free Cash Flow after Growth and Expansion Capital Cash flow from operations after sustaining capital and income taxes is calculated as adjusted net cash provided by operating activities, less sustaining capital and income taxes paid. Free cash flow after growth and expansion capital is calculated by further deducting growth and expansion capital. Management believes these measures are useful to market participants in assessing the Company’s ability to generate cash flow from operations after funding its capital requirements. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Growth and Expansion Capital Growth and expansion capital represents additions to depletable and non-depletable mineral interests, right of use assets, exploration projects, and plant and equipment that are not sustaining in nature. Management believes this measure is useful to market participants in assessing the level of capital invested to expand operations, develop projects and support future growth separately from capital required to sustain current operations. This measure does not have a standardized meaning under IFRS and may not be comparable to similar measures used by other issuers. EBITDA and Adjusted EBITDA EBITDA is calculated as earnings before tax, adjusted to add back depreciation and depletion, finance income, and interest and accretion. Adjusted EBITDA is calculated by further excluding items that management does not consider to be reflective of the underlying operating performance. Management believes these measures are useful to market participants in assessing the Company’s operating performance and ability to generate cash flow from operations. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Adjusted Net Earnings and Adjusted Net Earnings Per Share Adjusted net earnings is calculated as net earnings attributable to owners of the Company, adjusted for items that management does not consider to be reflective of the underlying operating performance of the Company Adjusted net earnings per share is calculated by dividing adjusted net earnings by the basic weighted average number of shares outstanding for the applicable period. Management believes these measures are useful to market participants in assessing the Company’s underlying financial performance and results on a per share basis. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers. Qualified Person and Technical Information Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by National Instrument 43-101 (NI 43-101), and has reviewed and approved the technical information contained in this news release. Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the Company’s ability to deliver on its 2026 objectives, updates and timing for completion and first gold pour at the Bulk Mining Zone, timing for completion and ramp-up of the Marmato CIP plant, the expected benefit from the Segovia expansion, the Company’s longer-term growth outlook, the timeline for environmental studies for the Soto Norte Project, the timeline for a Prefeasibility Study and construction decision for the Toroparu Project, the objective of reaching 1 million ounces of gold production, are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 11, 2026 which is available on SEDAR+ at www.sedarplus.ca and included as part of the Company’s Annual report on Form 40-F, filed with the SEC at www.sec.gov. Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information. View source version on businesswire.com: https://www.businesswire.com/news/home/20260506295804/en/ Contacts Aris Mining Contact Oliver Dachsel Senior Vice President, Capital Markets +1.917.847.0063 Lillian Chow Director, Investor Relations & Communications [email protected]
TranscriptFY2026 Q12026-05-07FY2026 Q1 earnings call transcript
Earnings source - 32 paragraphs
FY2026 Q1 earnings call transcript
Good morning, everyone, welcome to the Aris Mining first quarter 2026 results call. We will begin with an overview from management, followed by a question and answer period. To join the question queue, you may press star then one on your telephone keypad. You'll hear a tone acknowledging your request. As a reminder, all participants are in listen-only mode, and the conference is being recorded. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. Please note that the accompanying presentation that management will refer to during today's call can be found in the Events and Presentations section of the Aris Mining website at aris-mining.com. First quarter 2026 financial reports for Aris Mining have been filed on SEDAR+ and EDGAR and can also be found on their website.
I would now like to turn the conference over to Mr. Neil Woodyer, Chief Executive Officer. Please go ahead.
Thank you, operator, and welcome to our Q1 2026 earnings call. Joining me today are Doug, Oliver, Cam, Dustin, Corné, and Alejandro. Before we begin, please note the disclaimer on slide two. Moving to slide three. Aris Mining delivered a solid start to 2026, supported by high production, a stronger realized gold price, and continued progress across our growth portfolio. Gold production totaled 74,000 ounces, gold revenue of $364 million, up 20% from Q4. Adjusted EBITDA of $212 million, up 25%. Adjusted net earnings of $124 million, or $0.60 per share, up from $0.46 per share in Q4. Our operations generated cash flow that funded our growth and expansion projects during the quarter while generating $42 million of free cash flow.
Looking across our portfolio, we continue to advance each of our four assets. At Segovia, the ramp-up of the expanded mill is progressing well. The focus remains on increasing owner mining rates and developing our CMP business to support the new 3,000 ton per day processing facility. At Marmato, construction of the new 5,000 ton per day CIP plant remains on schedule for first gold production in Q4 of this year. In April, we connected the decline to the crosscut, making an important milestone and providing direct underground access between the mining, the bulk mining zone and the new CIP plant infrastructure. Toroparu. The pre-feasibility study is progressing well and remains on schedule for completion in the second half of 2026, so we can make a construction decision in early 2027. Updated mineral resource and reserve estimates are advancing to support the mine schedule optimizations.
Select pre-construction activities continued during the quarter, including construction of the bridge at the Puruni River crossing, key personnel ramp-up, camp expansion, and ongoing roadworks. At Soto Norte, the environmental license application is nearing completion. It's on track for submission in the second quarter. We continue to actively engage 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 a million ounces of annual gold production from the assets we currently own. With that, I'd like to hand over to Cam to review our financial performance.
Thanks, Neil. Turning to slide four. The key message from the financial results this quarter is the continued strengthening of our business. We're seeing the benefit of higher production volumes, strong realized gold prices, and disciplined cost management flowing through the income statement and into the balance sheet. The charts on this slide show the following progression over the past five quarters. Gold ounces sold, revenue, adjusted EBITDA, and adjusted earnings per share have all moved meaningfully higher, and importantly, the improvement has been consistent across our financial metrics. Please turn to slide five for a discussion of the key cash flow drivers.
We entered the first quarter with a cash balance of $472 million, up $80 million from the $392 million at the end of 2025, reflecting $103 million of operating free cash flow after sustaining capital and taxes paid, which despite an additional $44 million from increased cash mine operating earnings, was $22 million lower than it was in Q4 due to working capital movements and share-based incentive settlements. The $61 million invested in growth and expansion capital comprised mainly of the $47 million spent at Marmato, as well as a $40 million installment received under Marmato's precious metal stream following the achievement of the 50% construction capital expenditures milestone.
In Q1 2026, just as in full year 2025, we generated free cash flow while investing significantly in organic growth, which contributed to the steady growth of our cash balance over the year. The only exception being the temporary decline of our cash balance in Q4 of last year, which reflected the $60 million cash consideration paid for our acquisition of the remaining 49% interest in Soto Norte. It's also notable that our net debt was reduced to $1.6 million, down from the $86 million at year-end due to our increasing cash balance. I'd like to now hand the call over to Dustin to discuss our operational results.
Thank you, Cam. Turning to slide six. Aris Mining reported consolidated gold production of 74,300 ounces in the first quarter, a 6% increase over Q4 2025, to which Segovia contributed 66,600 ounces and Marmato 7,800 ounces. Worth highlighting are the strong gold grades delivered at both of our operations. At Segovia, our mill feed in Q1 had an average gold grade of 12.41 grams per ton, significantly above reserve grade of 10.7. At Marmato, the first quarter mill feed grade was 3.53, also above reserve grade of 3.16 grams per ton.
At Segovia, our AISC margin increased at $2,935 per ounce, up 128% from Q1 2025 and up 25% from Q4 2025, reflecting higher realized gold prices and increased gold sales volumes. Translated to AISC margin of $199 million, up 31% from Q4 2025. Owner operated mining comprised 64% of the mill feed with an AISC of $1,492 per ounce, down from $1,662 per ounce last quarter, and outperforming the full year 2026 guidance range of $1,700-$1,800 per ounce. This improvement was primarily driven by higher gold ounces sold on stronger average gold grades. Our CMP business generated an AISC sales margin of 40%, achieving the top end of the full year 2026 guidance range of 35%-40%.
Turning to the chart on the bottom right, we highlight the continued expansion in margins at Segovia, driven by the rising realized gold prices and disciplined cost controls. In Q1 2026, the AISC margin continued to widen compared to previous quarters. Looking ahead, with our production profile being weighted towards the second half of the year in a supportive gold price environment, we're well-positioned to keep generating strong cash flow to fund our growth. Moving to slide seven. As discussed previously, we installed a second ball mill at Segovia in June of last year, which increased our processing capacity by 50% up to 3,000 tons per day. In order to run our expanded processing plant consistently at 3,000 tons a day, we need to increase both our owner mining rates and our CMP mill feed.
To facilitate the former, we're enhancing haulage capacity by way of building an interconnected underground haulage circuit, which will connect three of our four principal underground mines at Segovia, being El Silencio, Providencia, and Sandra K. We're driving new ramps to surface in both our El Silencio and Providencia mines. In addition to increasing the mill feed, these development projects have a few other positive attributes, such as enhanced productivity by enabling more efficient transport of workers or in waste, shortened cycle times, eliminating long routes and multiple shafts. We also eliminate a lot of our haulage through the main town of Marmato. We expect to deliver the El Silencio ramp in Q4 2026, the connection between El Silencio and Sandra K in Q1 2027, and the Providencia ramp in connection to El Silencio in Q1 2028, enabling steady state production from next year onwards.
With that, I'd like to pass it over to Corné for an update on the construction progress at Marmato.
Thank you, Dustin. Moving to slide eigth. At Marmato, construction of the CIP plant and development in the bulk mining zone continues to advance with significant progress both underground and on surface. Last month, we achieved an important milestone as the new underground decline broke through into the Los Indios crosscut. This connection enabled direct access from the bulk mining zone into the new 5,000 tons per day CIP plant. It also establishes an additional access and ventilation pathway, facilitating ore and waste haulage between existing and new infrastructure and supporting the initial ramp-up of mine production. Construction of underground workshops, main pump station, and field offices will begin in Q2 2026. Development of the main decline to the bulk mining zone is over 1,200 meters advanced, which equates to a completion rate of more than 70%. Moving to slide nine.
On surface, bulk earthworks for the process plant platform have been completed, along with key foundations for the mills, tailings thickener, and the leach and CIP tanks. Civil, mechanical, and electrical works are continuing to advance well. In terms of equipment, all long lead items required for first gold have been ordered. Major equipment, including the primary crusher, SAG and ball mill, and filter presses, are ready to be moved from storage in Cartagena and Medellín to our Marmato construction site, with deliveries beginning this month. In Q1, we entered into a leasing agreement with Sandvik, ordering an underground mining and development fleet. Equipment deliveries are scheduled to commence in Q3. Construction activities are progressing as planned, and we remain on schedule for first gold in Q4 2026. We expect a progressive stage production ramp up to steady state operations during 2027. Turning to slide 10.
As you'll see in the photos of this slide, work is continuing around the clock, underscoring both the pace and scale of development underway. Approximately 850 people work on site during the day, and 250 people are on night shift, focused on work streams we deem safe at night. Last month, the project team achieved 365 days lost time, injury-free. I would like to thank everyone involved for their continued commitment to safe, safely advancing the project. A new video showing the progress of the project is also available on our website. The link is available at the bottom of this slide. With that, I'd like to pass it over to Neil for his closing remarks.
Turning to slide 11. Building on our strong first quarter performance, we remain firmly committed on track to deliver our full year 2026 guidance of 300,000-350,000 ounces. Looking ahead, our focus remains on advancing all four core assets. Ramping up Segovia throughout the year, targeting gold production of 265,000-300,000 ounces for the year. Achieving a first pour for Marmato CIP plant in Q4, followed by a progressive ramp-up during 2027. Publishing the PFS for Toroparu in the second half of the year, as well as conducting additional work for enabling construction readiness and a construction decision for early 2027. Submitting the environmental license application for Soto Norte in Q2.
With our producing assets delivering strong results, our financial position and our growth projects continuing to advance, Aris Mining is well-positioned to achieve its longer-term objectives of approximately 1 million ounces of annual gold production from the assets we currently own. Thank you for joining us today. Operator, please open the line for questions.
Certainly. To join the question queue, you may press star then one on your telephone keypad. You'll hear a tone acknowledging your request. If you're using a speakerphone, please pick up your handset before pressing any keys. To withdraw your question, please press star then two. Our first question is from Carey MacRury with Canaccord Genuity. Please go ahead.
Hi. Good morning, guys, and congrats on the strong results. Maybe first on Segovia, just wondering if you can give us some more color on the development. Just given that some of these ramps won't be done until you're showing 2028. When should we expect you to hit the 3,000 tons a day, and is that gonna happen sort of, you know, continuously over the next four or five quarters, or is there step functions? Just some more color on how we should think about the ramp-up of underground mines tons.
Hi, Carey. I'll take that one. Yeah, obviously some of the development extends into 2028, being mainly in Providencia. Our biggest production area, as you know from your visit, is Silencio, and all of that development is coming to completion at the end of this year. Our expectation is to hit the 3,000 ton a day mark towards the end of this year, early 2027, and maintain it. Providencia coming online through the ramp and the access just makes it that much easier for our logistics. Really it's the Silencio and San Jorge connections that really open up our 3,000 ton a day production.
Okay, great. Should we see a pickup in Q2, or is it more of a H2 pickup?
No, it's more towards the second half. It'll be probably late Q3, Q4, where we really start to see it. Again, all that development just having to get completed and open these additional areas and debottleneck our Silencio mine.
Okay. Just on the grade at Segovia, obviously it was high grade this quarter, 12.4 grams per ton. Was that just positive grade reconciliation? Should we expect that to continue into Q2, or just some guidance on grade available?
No. Our grade guidance still remains within the 9 to 10 grams per ton. We got lucky in our one of our newer veins. We kinda hit a high-grade pocket, and we really wanted to push and get that out given some of the logistical challenges. We basically focused on that through Q1 to mine that area out and get it up in into our mill.
Okay, great. Maybe just one last one. I mean, your cash balance continues to increase. You're generating free cash flow. On my numbers, it looks like that's set to continue at these prices. Are you guys thinking about share buybacks or anything like that at this point in time, or just how you're thinking about the balance sheet?
I think when you look at our cash balance, you look at the fact Segovia is generating a lot of cash. I understand the point you're raising. On the other hand, we are doing the expansion of the two mines at the moment. We have two more projects in the pipeline that certainly one we would hope to start constructing next year. We have a long-term cash requirement as we expand the business. Ultimately, when we're generating cash without expansion, of course, we'll turn to a dividend.
Okay, great. That's it for me. Thanks.
Thanks, Carey.
Once again, if you have a question, please press star then one. There appear to be no further questions. I'd like to turn the conference back over to Mr. Woodyer for closing remarks.
Thank you, operator. Thank you, everybody, for taking the time to come and listen to the presentation. We're very happy with the results, and believe me, we will continue to perform in the future as we have in the past. Thank you very much, everybody.
This brings to a close today's conference call. You may disconnect your lines. Thank you for participating, and have a pleasant day.
Investor releaseQuarter not tagged2026-05-06ATI Q1 Earnings Beat Estimates on Robust Demand, Revenues Miss
Zacks
ATI Q1 Earnings Beat Estimates on Robust Demand, Revenues Miss
ATI Inc. ATI posted adjusted earnings of $1 per share for the first quarter of 2026, up 39% from the year-ago quarter. The figure beat the Zacks Consensus Estimate of 88 cents by 13.6%. Sales of $1,151.5 million rose 1% year over year but missed the consensus estimate of $1,186.1 million by 2.9%. Strength in aerospace and defense demand supported results, while profitability benefited from improved mix and pricing. The consolidated adjusted EBITDA lift of 19% year over year to $231.7 million pointed to better operating leverage and a richer product mix, particularly in the company’s higher-value materials portfolio. ATI Inc. price-consensus-eps-surprise-chart | ATI Inc. Quote High-Performance Materials & Components (HPMC) generated sales of $614.3 million, up 5.2% from the year-ago quarter. However, the figure fell short of the consensus estimate of $647 million. Segment EBITDA rose 16.7% year over year to $152.9 million. Advanced Alloys & Solutions (AA&S) posted sales of $537.2 million, down 4.1% year over year. The figure missed the consensus estimate of $559 million. Segment EBITDA increased 16.3% to $97 million, reflecting stronger price/mix despite the sales decline. ATI ended the quarter with cash and cash equivalents of $401.7 million, compared with $416.7 million at the end of 2025. The company’s cash position reflected the combination of higher operating cash generation and continued capital returns, alongside typical working-capital movements. Long-term debt totaled $1,794.7 million at quarter end, up from $1,718.3 million at the end of 2025. Management lifted full-year expectations following the first-quarter performance. For the second quarter of 2026, ATI expects adjusted EBITDA of $245-$255 million and adjusted earnings of 98 cents-$1.04 per share. For full-year 2026, adjusted EBITDA is now expected to be in the range of $1,010-$1,060 million, up from the prior $975-$1,025 million view. Adjusted earnings guidance was raised to $4.20-$4.48 per share from $3.99-$4.27 previously, alongside a higher adjusted free cash flow outlook of $465-$525 million versus the prior $430-$490 million range. ATI’s shares are up 123.7% over a year compared with the 23.8% growth recorded by the industry. Image Source: Zacks Investment Research ATI currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the basic materials space are CF Industries Holdi…Read full documentShow less
ATI Inc. ATI posted adjusted earnings of $1 per share for the first quarter of 2026, up 39% from the year-ago quarter. The figure beat the Zacks Consensus Estimate of 88 cents by 13.6%. Sales of $1,151.5 million rose 1% year over year but missed the consensus estimate of $1,186.1 million by 2.9%. Strength in aerospace and defense demand supported results, while profitability benefited from improved mix and pricing. The consolidated adjusted EBITDA lift of 19% year over year to $231.7 million pointed to better operating leverage and a richer product mix, particularly in the company’s higher-value materials portfolio. ATI Inc. price-consensus-eps-surprise-chart | ATI Inc. Quote High-Performance Materials & Components (HPMC) generated sales of $614.3 million, up 5.2% from the year-ago quarter. However, the figure fell short of the consensus estimate of $647 million. Segment EBITDA rose 16.7% year over year to $152.9 million. Advanced Alloys & Solutions (AA&S) posted sales of $537.2 million, down 4.1% year over year. The figure missed the consensus estimate of $559 million. Segment EBITDA increased 16.3% to $97 million, reflecting stronger price/mix despite the sales decline. ATI ended the quarter with cash and cash equivalents of $401.7 million, compared with $416.7 million at the end of 2025. The company’s cash position reflected the combination of higher operating cash generation and continued capital returns, alongside typical working-capital movements. Long-term debt totaled $1,794.7 million at quarter end, up from $1,718.3 million at the end of 2025. Management lifted full-year expectations following the first-quarter performance. For the second quarter of 2026, ATI expects adjusted EBITDA of $245-$255 million and adjusted earnings of 98 cents-$1.04 per share. For full-year 2026, adjusted EBITDA is now expected to be in the range of $1,010-$1,060 million, up from the prior $975-$1,025 million view. Adjusted earnings guidance was raised to $4.20-$4.48 per share from $3.99-$4.27 previously, alongside a higher adjusted free cash flow outlook of $465-$525 million versus the prior $430-$490 million range. ATI’s shares are up 123.7% over a year compared with the 23.8% growth recorded by the industry. Image Source: Zacks Investment Research ATI currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the basic materials space are CF Industries Holdings, Inc. CF,Compass Minerals International, Inc. CMP and Aris Mining Corporation ARIS. CF Industries is slated to report first-quarter 2026 results on May 6. The Zacks Consensus Estimate for earnings is pegged at $2.35 per share, indicating 27.03% year-over-year growth. CF sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Compass Mineral is slated to report second-quarter fiscal 2026 results on May 6. The consensus estimate for CMP’s earnings per share is pegged at 66 cents. CMP presently carries a Zacks Rank #1. Aris is scheduled to report first-quarter 2026 results on May 6. The Zacks Consensus Estimate for ARIS’ first-quarter earnings per share is pegged at 77 cents, indicating 381.25% year-over-year growth. ARIS carries a Zacks Rank #2 (Buy) at present. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ATI Inc. (ATI) : Free Stock Analysis Report CF Industries Holdings, Inc. (CF) : Free Stock Analysis Report Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report Aris Mining Corporation (ARIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-05-06DD Q1 Earnings Beat on Productivity Gains, Sales Rise Y/Y
Zacks
DD Q1 Earnings Beat on Productivity Gains, Sales Rise Y/Y
DuPont de Nemours, Inc. DD reported adjusted earnings of 55 cents per share for the first quarter of 2026, up 52.8% year over year. The figure topped the Zacks Consensus Estimate of 48 cents by 14.6%. Net sales of $1,681 million were up 4.3% from the year-ago quarter and beat the consensus estimate of $1,664.9 million by 1%. Organic sales increased 2%, reflecting strength in healthcare and aerospace end markets. Profitability strengthened meaningfully in the reported quarter through organic growth, favorable mix, productivity gains and lower interest expense. DuPont’s materials and solutions portfolio benefited from execution gains, even as certain end markets remained uneven during the quarter. DuPont de Nemours, Inc. price-consensus-eps-surprise-chart | DuPont de Nemours, Inc. Quote Healthcare & Water Technologies posted net sales of $806 million, up 6% year over year, reflecting 3% organic growth and a 3% currency benefit. Within the segment, Healthcare Technologies delivered high-single-digit organic growth on broad-based demand led by medical packaging and biopharma, while Water Technologies declined in low to mid-single digits organically as strength in industrial water and microelectronics markets was more than offset by Middle East logistics disruptions. Diversified Industrials generated net sales of $875 million, up 3% year over year, driven by a 3% currency tailwind, while organic sales were about flat. Building Technologies was down low single digits organically due to continued weakness in construction markets, while Industrial Technologies rose low-single digits organically on strength in aerospace and automotive, partly offset by declines in printing and packaging. DuPont ended the quarter with cash and cash equivalents of $710 million. The balance sheet reflected long-term debt of $3,132 million, providing a snapshot of the company’s capital structure following recent portfolio actions. Cash provided by operating activities from continuing operations was $232 million in the quarter, underscoring improved cash generation versus the year-ago period. DuPont announced a $275 million accelerated share repurchase plan, reinforcing its emphasis on capital deployment alongside operational execution. For the second quarter of 2026, DuPont expects net sales of about $1.8 billion and operating EBITDA of about $430 million. Adjusted earnings are projected…Read full documentShow less
DuPont de Nemours, Inc. DD reported adjusted earnings of 55 cents per share for the first quarter of 2026, up 52.8% year over year. The figure topped the Zacks Consensus Estimate of 48 cents by 14.6%. Net sales of $1,681 million were up 4.3% from the year-ago quarter and beat the consensus estimate of $1,664.9 million by 1%. Organic sales increased 2%, reflecting strength in healthcare and aerospace end markets. Profitability strengthened meaningfully in the reported quarter through organic growth, favorable mix, productivity gains and lower interest expense. DuPont’s materials and solutions portfolio benefited from execution gains, even as certain end markets remained uneven during the quarter. DuPont de Nemours, Inc. price-consensus-eps-surprise-chart | DuPont de Nemours, Inc. Quote Healthcare & Water Technologies posted net sales of $806 million, up 6% year over year, reflecting 3% organic growth and a 3% currency benefit. Within the segment, Healthcare Technologies delivered high-single-digit organic growth on broad-based demand led by medical packaging and biopharma, while Water Technologies declined in low to mid-single digits organically as strength in industrial water and microelectronics markets was more than offset by Middle East logistics disruptions. Diversified Industrials generated net sales of $875 million, up 3% year over year, driven by a 3% currency tailwind, while organic sales were about flat. Building Technologies was down low single digits organically due to continued weakness in construction markets, while Industrial Technologies rose low-single digits organically on strength in aerospace and automotive, partly offset by declines in printing and packaging. DuPont ended the quarter with cash and cash equivalents of $710 million. The balance sheet reflected long-term debt of $3,132 million, providing a snapshot of the company’s capital structure following recent portfolio actions. Cash provided by operating activities from continuing operations was $232 million in the quarter, underscoring improved cash generation versus the year-ago period. DuPont announced a $275 million accelerated share repurchase plan, reinforcing its emphasis on capital deployment alongside operational execution. For the second quarter of 2026, DuPont expects net sales of about $1.8 billion and operating EBITDA of about $430 million. Adjusted earnings are projected at approximately 59 cents per share, with guidance assuming about 3% organic sales growth year over year and currency as a slight tailwind. Management raised its full-year 2026 outlook following the first-quarter outperformance and the interest income benefit tied to the Aramids transaction. The company now expects net sales of $7.155-$7.215 billion, operating EBITDA of $1.730-$1.760 billion and adjusted earnings of $2.35-$2.40 per share for 2026. DuPont’s shares have lost 30.2% in a year against a 20.8% gain in the industry. Image Source: Zacks Investment Research DD currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the basic materials space are CF Industries Holdings, Inc. CF, Compass Minerals International, Inc. CMP and Aris Mining Corporation ARIS. CF Industries is slated to report first-quarter 2026 results on May 6. The Zacks Consensus Estimate for earnings is pegged at $2.35 per share, indicating 27.03% year-over-year growth. CF sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Compass Mineral is slated to report second-quarter fiscal 2026 results on May 6. The consensus estimate for CMP’s earnings per share is pegged at 66 cents. CMP presently carries a Zacks Rank #1. Aris is scheduled to report first-quarter 2026 results on May 6. The Zacks Consensus Estimate for ARIS’s first-quarter earnings per share is pegged at 77 cents, indicating 381.25% year-over-year growth. ARIS carries a Zacks Rank #2 (Buy) at present. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DuPont de Nemours, Inc. (DD) : Free Stock Analysis Report CF Industries Holdings, Inc. (CF) : Free Stock Analysis Report Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report Aris Mining Corporation (ARIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

