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Aris to JV Mubadala's Soto Norte for US$400M

Aris Gold entered into an agreement with Abu Dhabi’s Mubadala Investment Company to acquire a 20% operating joint venture interest in the Soto Norte gold project in Santander, Colombia for US$100 million with an option to acquire a further 30% interest for $300 million to bring its total participation to 50%.

Paul Harris in Medellin, Colombia
The Soto Norte project in Santander, Colombia

The Soto Norte project in Santander, Colombia

Soto Norte hosts an indicated resource of 8.5 million ounces with another 3.6Moz in inferred and has a feasibility study for the production of more than 450,000oz per year from a 5Moz reserve. Aris,...

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