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Aris Mining increases Segovia gold reserves by 28% to 1.9 million ounces
ARISAris Mining Corp
Aris Mining Corporation updated its mineral reserve estimates for the Segovia operation, reporting a 28% increase in proven and probable gold reserves to 1.9 million ounces (Moz), up from 1.5 Moz in the previous estimate. This growth reflects exploration success and resource conversion that more than offset mining depletion. Measured and indicated resources also rose by 8% to 3.9 Moz, while reserve grades increased by 24% to 13.3 grams per tonne (g/t) Au. The company noted exceptional grade improvements and highlighted ongoing expansion projects at Segovia and Marmato aimed at increasing annual production to 500,000 ounces. Aris Mining is a Canadian gold mining company focused on South America that operates underground gold mines in Colombia.