Aris Mining Announces Positive PFS Results for the Toroparu Gold Project - Financial Times

AI desk brief

Aris Mining’s Toroparu PFS estimates 5.9 Moz of gold reserves and projects 5.6 Moz production over 29 years, averaging 258 koz annually in years 1–17. At assumed $3,600/oz gold, after-tax NPV5% is $2.8 billion and IRR 31.5%; reserves use $1,950/oz. The $1.005 billion initial funding requirement assumes $138 million that Wheaton may elect to provide under a stream covering 10% of gold and 50% of silver production. A construction decision targeted for early 2027 requires approvals, followed by planned 32-month construction; financing and execution remain conditions, with no material near-term bullion effect established.