Aris Mining will quintuple its gold production with a new underground mine in Marmato – Sectors – Economy
The Canadian mining company Aris Mining received the approval of the Regional Autonomous Corporation of Caldas (Corpocaldas) of the Environmental Management Plan that now allows the development of a underground mine in Marmato. Construction of the new underground mine will provide access to the broader porphyry mineralization below the company's current open pit mine. (Read also: Mining sector bill: what are the objectives of the initiative?) The open pit and underground mines have a measured and indicated mineral resource of 6.0 million ounces of gold, which includes a proven and probable mineral reserve of 3.2 million ounces. Aris Mining expects…
