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Aris Mining Company (ARMN) Q3 2024 Earnings Name Transcript

Aris Mining Company (ARMN) Q3 2024 Earnings Name Transcript


Aris Mining Company (NYSE:ARMN) Q3 2024 Earnings Convention Name November 13, 2024 9:00 AM ET

Firm Contributors

Neil Woodyer – Chief Government Officer
Richard Thomas – Chief Working Officer
Richard Orazietti – Chief Monetary Officer
Oliver Dachsel – Senior Vice President, Capital Markets
Alejandro Jimenez – Nation Supervisor, Colombia

Convention Name Contributors

Kerry Smith – Haywood Securities

Operator

Good morning, everybody. And welcome to Aris Mining Q3 2024 Operational and Monetary Outcomes Name. We’ll start with an summary for administration, adopted by a question-and-answer interval. [Operator Instructions] As a reminder, all members are in listen-only mode and the convention is being recorded. [Operator Instructions]

Please be aware that the accompanying presentation that administration will check with throughout right now’s name will be discovered within the Occasions and Presentation part of Aris Mining’s web site at aris-mining.com. Additionally, Aris Mining’s second quarter 2024 financials have been filed on SEDAR + and EDGAR and will also be discovered on their web site.

I might now like to show the convention over to Mr. Neil Woodyer, Chief Government Officer. Please go forward.

Neil Woodyer

Thanks, Operator, and hi there, everyone, and thanks for becoming a member of our Q3 earnings name. Earlier than we start, please be aware the warning statements on Slide 2 relating to forward-looking statements.

On Slide 3, I’ll give an summary of our operational and monetary highlights, after which Richard Thomas, our COO, will talk about our efficiency and our progress initiatives at Segovia and Marmato. After which Richard Orazietti, our CFO, will evaluation the monetary outcomes; and Oliver Dachsel will then replace you on the funding and progress technique.

So taking a look at Slide 3, I’m happy to report a powerful third quarter. In Q3, we produced 53,600 ounces of gold, which is up 9% over Q2. Increased gold costs, elevated manufacturing and price controls helped us obtain a 37% improve an all-in sustaining margins of



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