Aris Mining announces that, effective October 1, 2022, Mónica de Greiff was appointed as an independent member of the Board of Directors, and as Chair of the Sustainability Committee of the Board. Mónica de Greiff was a member of the GCM Mining board of directors from 2018 to 2020, when she left to accept the position of Colombian Ambassador to Kenya. She has held positions in both the public and private sectors [...]
GCM Mining Corp. and Aris Gold Corp. have completed the business combination previously announced on July 25, 2022. The combined entity has been renamed Aris Mining Corporation and operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also owns two advanced development projects, the Marmato Lower Mine expansion and [...]
GCM Mining Corp. announced today that its shareholders have voted in favour of the previously announced plan of arrangement with Aris Gold Corporation at today's special meeting of shareholders . At the Meeting, 30,452,708 shares were voted, representing approximately 31.19% of the issued and outstanding shares of GCM Mining, as detailed in the table below. Votes FOR Votes AGAINST # % # % 29,577,593 97.13% 875,115 2.87 [...]
GCM Mining Corp. announced today that its Segovia Operations produced 18,852 ounces of gold in August 2022, up from 17,377 ounces of gold in August last year. This brings the total gold production for the first eight months of 2022 to 139,952 ounces, up from 133,891 ounces in the first eight months last year. Segovia's trailing 12-months' total gold production at the end of August 2022 was 212,450 ounces, up about 3% over [...]
GCM Mining Corp. announced today that the Company has received positive recommendations from both Institutional Shareholder Services and Glass Lewis & Co., LLC in support of the proposed plan of arrangement of GCM Mining and Aris Gold Corporation announced on July 25, 2022. ISS and Glass Lewis are leading independent, third-party proxy advisory firms who provide proxy voting recommendations to pension funds, investment [...]
GCM Mining Corp. and Aris Gold Corporation announce they have filed the joint management information circular and related meeting materials in connection with their respective special meetings of shareholders to be held on September 19, 2022. The purpose of the meetings is to approve the proposed business combination of GCM Mining and Aris Gold announced on July 25, 2022. The combined entity will continue under the name [...]
GCM Mining announced today that its Board of Directors has declared the next monthly dividend of CA$0.015 per common share will be paid on September 15, 2022 to shareholders of record as of the close of business on August 31, 2022. GCM Mining is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is the leading high-grade underground gold and silver [...]
GCM Mining Corp. announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis for the three and six months ended June 30, 2022. All financial figures contained herein are expressed in USD unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with “NG”. For a detailed description of each [...]
GCM Mining Corp. announced today that it will release its second quarter and first half 2022 results after market close on Thursday, August 11, 2022 and will host a conference call and webcast on Friday, August 12, 2022 at 9:00 a.m. Eastern Time to discuss the results. Webcast and call-in details are as follows:
Creates a company with larger scale and significant free cash flow to unlock shareholder value Substantial combined gold reserve of 3.8 Moz and resource base of 18.3 Moz Measured & Indicated and 7.7 Moz Inferred1 Strengthened mine-building, operating and financial capacity Streamlined corporate structure with direct realizable synergies No premium, all-share business combination TORONTO and VANCOUVER, BC, July 25, 2022 [...]
GCM Mining Corp. announced today that it produced a total of 16,370 oz of gold in June 2022 at its Segovia Operations bringing the total for the second quarter of 2022 to 53,198 ounces compared with 52,198 ounces from Segovia in the second quarter of 2021. In the second quarter of 2022, the Company also produced 85,741 ounces of silver, up from 54,573 ounces of silver in the second quarter last year, together with [...]
GCM Mining Corp. announced today multiple high-grade intercepts from the latest 32 diamond drill holes, totaling 8,299 meters, from the 2022 in-mine and near-mine drilling programs, as well as a further 28 diamond drill holes, totaling 7,735 meters, from the 2022 brownfield drilling programs at its Segovia Operations, Colombia. The Company also announced the assay results from one additional kick-off diamond drill hole [...]