Aris Mining Corp (ARIS) (Q3 2026) Earnings Call Highlights: $700 Million EBITDA Run
Aris Mining Corp (ARIS) reported Q3 2026 revenue of $287M and adjusted EBITDA of $144M, with year-to-date revenue at $972M and adjusted EBITDA at $535M. The company expects a $30M budget overrun for Marmato 2026 construction due to FX. Q4 production is targeted at 83,000 ounces to meet annual guidance. First gold at Marmato's CIP plant is expected in December 2026, with full ramp-up by late 2027.
How this was made

The 30-second read
Why it matters
The earnings beat and raised guidance suggest stronger cash flow, supporting potential share price appreciation.
Market read
First disclosure of Q3 2026 results with significant EBITDA and guidance lift, offering actionable insight for traders.
What to watch
Potential risks from permitting delays at Soto Norte and commodity price volatility.
Background
Aris Mining Corp operates gold mines in Colombia, recently expanding Marmato and Segovia projects.
Ticker impact
Q3 2026 earnings call disclosed $144M adjusted EBITDA, $73M net earnings and raised full-year guidance, a first report of these numbers.
likely upward pressure as market prices in the earnings beat and higher guidance
The disclosed financials exceed prior expectations and indicate robust cash generation, prompting buying interest.
Market effects
Gold mining sector may see broader rally on strong earnings from a mid-cap producer.
Positive for Colombian mining sector and related service providers.
Adds to overall bullish sentiment in precious metals amid inflation concerns.
Counterpoint
Investors may question sustainability of growth given capital intensity and currency exposure.
Key entities
- ExecutiveNeil (CEO)
Provided guidance on permitting and production outlook.
- ExecutiveCam (CFO)
Reported financial results and cash flow details.



