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Aris Mining partners with informal miners to navigate illicit gold boom in Colombia
By James Attwood
Bloomberg News
Tuesday, August 26, 2025
Colombia's artisanal miners are helping a Canadian precious metals producer backed by Frank Giustra to navigate the country's illicit gold boom via some unusual agreements.
Aris Mining Corp. has signed partnerships with about 2,500 small-scale miners who now account for 45% of the gold that comes out of its Segovia mine in Antioquia department, according to Chief Executive Officer Neil Woodyer.
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Typically, established mining companies look to expel informal miners from their properties. Instead, the Canadian firm is helping them with financing, planning and safety and then buys their gold. ...
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