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Aris Mining Completes Underground Connection at Marmato Gold Mine

19 April 2026 at 14:18

Infrastructure Progress Advances Marmato 2026 Gold Production Goals

Aris Mining (TSX: ARIS; NYSE: ARIS) confirmed the completion of an underground infrastructure connection at its Marmato gold mine in Colombia. The development involved connecting a new surface decline to the existing underground mining workings.

This cross-cut connection serves as a technical step for the ongoing expansion project, which includes the construction of a 5,000 tons-per-day carbon-in-pulp (CIP) plant. The company stated that the infrastructure is currently on schedule to support the initiation of gold production in the fourth quarter of 2026.

Neil Woodyer, Chair and CEO of Aris Mining, stated: “The on-schedule connection of the new surface decline to the existing underground development is a major milestone for Marmato and an important step in delivering our expansion plans.”

The Marmato expansion is part of a broader strategy intended to increase the company’s annual gold production. Aris Mining aims to achieve a combined output of approximately 500,000 ounces per year from its Segovia and Marmato operations. The Segovia mine previously expanded its operational capacity following the installation of a second mill in June 2025.

The company maintains a long-term production objective of approximately 1 million ounces of gold annually. This target incorporates potential production from the Toroparu gold project in Guyana, where a prefeasibility study is currently underway. Aris Mining expects a construction decision regarding the Toroparu project in early 2027.

Regarding its portfolio in Colombia, the company is finalizing environmental studies for the Soto Norte gold project. Aris Mining plans to submit these documents for the licensing process during the second quarter of 2026.

Photo (© Loren Moss) illustrative only (Not marmato mine)

Aris Mining Posts 36% Year-Over-Year Gold Production Increase at Colombia Operations in Q1 2026

9 April 2026 at 10:06

Higher grades at Segovia drive output and revenue gains

Vancouver-based Aris Mining Corporation (TSX: ARIS; NYSE: ARIS) reported preliminary first-quarter 2026 gold production of 74,300 ounces from its two underground mines in Colombia, representing a 6% increase over the fourth quarter of 2025 and a 36% increase compared to the same period a year earlier.

The company said it sold 74,800 ounces of gold during the quarter at an average realized price exceeding $4,860 USD per ounce, generating gold revenue of more than $360 million USD. That figure marks a 20% increase from Q4 2025 revenue of $301 million USD and more than double the $154 million USD reported in Q1 2025. The company reported a cash balance exceeding $470 million USD as of March 31, 2026, an increase of approximately $80 million USD from the end of the previous quarter.

“We expect Q1 2026 gold revenue to exceed $360 million, a significant increase from $154 million in Q1 2025 and $301 million in Q4 2025, driven by higher gold prices and increased ounces sold.” — Neil Woodyer, Chair and CEO, Aris Mining Corporation

The production gains were concentrated at Aris Mining’s Segovia operation in the department of Antioquia, which produced 66,600 ounces during the quarter, up from 63,100 ounces in Q4 2025 and 47,500 ounces in Q1 2025. The year-over-year increase of 40% at Segovia was driven primarily by a notable improvement in ore grade. The average gold grade processed rose to 12.41 grams per ton from 9.37 grams per ton a year earlier, a 32% increase, while the volume of ore processed increased 5% to 175,000 tons. Recovery rates held at 95.3%, compared to 96.1% in both the prior quarter and Q1 2025.

The higher grades offset a decline in throughput compared to Q4 2025, when the mine processed 201,000 tons at an average grade of 10.10 grams per ton. Aris Mining completed installation of a second mill at Segovia in June 2025, increasing processing capacity by 50% to 3,000 tons per day, and the company has indicated that the ramp-up at the operation is continuing.

At the Marmato mine in the department of Caldas, production totaled 7,800 ounces in Q1 2026, an increase from 6,700 ounces in Q4 2025 and 7,200 ounces in Q1 2025. Marmato processed 77,000 tons of ore at an average grade of 3.53 grams per ton during the quarter, compared to 75,000 tons at 3.12 grams per ton in Q4 2025. Recovery rates at Marmato declined slightly to 89.6% from 90.8% in the prior quarter.

Consolidated Production Summary

Gold production and sales Q1 2026 Q4 2025 Q1 2025
Segovia (koz) 66.6 63.1 47.5
Marmato (koz) 7.8 6.7 7.2
Total production (koz) 74.3 69.9 54.8
Total sales (koz) 74.8 71.7 54.3

Growth Outlook

Neil Woodyer, the company’s chair and CEO, said production growth in 2026 is expected to be weighted toward the second half of the year. The company is building a new bulk mine and carbon-in-pulp (CIP) processing plant at Marmato, with first gold expected in Q4 2026. At steady state, the expanded Marmato operation is expected to produce approximately 200,000 ounces per year.

Together, the Segovia and Marmato expansions are expected to increase Aris Mining’s annual gold production to approximately 500,000 ounces. The two mines produced a combined 257,000 ounces in 2025.

Beyond its operating mines, Aris Mining is advancing the Soto Norte gold project in the department of Santander, Colombia, where environmental studies are being finalized for submission in Q2 2026 to initiate the licensing process. The company also holds the Toroparu gold project in Guyana, where a prefeasibility study is underway and a construction decision is expected in early 2027. These projects form part of Aris Mining’s longer-term objective of reaching approximately 1 million ounces of annual gold production, though that target includes estimates from a preliminary economic assessment for Toroparu that the company has cautioned are based on inferred mineral resources and are speculative in nature.

The company expects to report full Q1 2026 financial and operating results on or about May 6, 2026. The quarterly results contained in the April 7 announcement are preliminary and may differ from final figures.

Aris Mining is listed on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol ARIS. Company filings are available through SEDAR+ and the US Securities and Exchange Commission.

Avianca Inks Sponsorship Deal With Miami FC Soccer Team

3 March 2026 at 00:25

Avianca has signed a multi-year agreement to become an official sponsor of Miami FC, a professional soccer club competing in the USL Championship. The partnership comes as the club initiates the construction of a new stadium facility in the south Miami-Dade area and seeks to align with corporate partners as part of a long-term growth strategy.

Under the terms of the deal, the airline will receive brand placement on the official team jerseys. Additionally, the club’s fan interaction area, previously known as the Fútbol305 Zone, has been rebranded as the Avianca Fútbol305 Zone. This activation is intended to provide fans with direct access to players and team events.

The move marks a strategic effort by Avianca to consolidate its presence in the Florida market, which serves as a primary hub for its North American operations. According to Rolando Damas, the airline’s sales director for North America and Europe, Miami is a critical gateway connecting the US with Latin America.

Data provided by the carrier indicates a period of growth in its US operations. In 2025, Avianca transported more than 4,900,000 passengers to and from the US, representing an increase of more than 6% compared to 2024 figures. During that same period, the airline operated 34,200 flights within its US network.

Currently, Avianca operates more than 400 weekly flights across 14 US cities. Its Florida operations specifically include more than 100 weekly flights departing from Miami, Orlando, Fort Lauderdale, and Tampa. These routes provide connectivity to destinations in Colombia, Ecuador, and Central America, as well as broader links to more than 80 destinations across 25 countries.

Miami FC executives noted that the partnership coincides with the development of world-class facilities in South Florida. Nathan Krum, the club’s chief marketing and revenue officer, stated that the collaboration is part of a broader vision to increase community accessibility and global connectivity.

Avianca is a member of the Star Alliance and is part of the Abra Group. The airline group includes several subsidiaries such as Aerovías del Continente Americano S.A., Taca International Airlines S.A., and Avianca Ecuador S.A.. In 2025, the consolidated group transported approximately 37,000,000 customers globally, operating a fleet of 140 aircraft including Airbus A320 and Boeing 787 Dreamliner models. Its loyalty program, LifeMiles, currently maintains a membership base of approximately 15,000,000 individuals.

The financial terms of the sponsorship were not disclosed, though it follows a trend of Latin American carriers increasing marketing spend within US professional sports to capture a larger share of the diaspora and tourism markets.

 

Candice Fast on the Hidden Beliefs That Shape Workplace Performance

20 February 2026 at 12:34

As Latin American companies confront slowing growth, talent churn and the demands of hybrid work, leadership effectiveness is being redefined. Strategy and charisma are no longer enough. Increasingly, performance hinges on something less visible: the assumptions leaders and employees hold about one another.

New doctoral research by Dr. Candice Fast suggests those hidden beliefs – often unconscious – can measurably shape engagement, productivity and service outcomes. Her study, Exploring Implicit Belief Alignment in Leaders and Followers, argues that leadership success depends not only on decision-making and execution, but on the mental models quietly governing workplace interactions.

The findings are particularly relevant for Colombia’s corporate sector, where hierarchical traditions often coexist with modern performance management systems.

After surveying 203 participants across North America, Dr.Fast applied validated psychological instruments and statistical modelling to examine how implicit beliefs influence workplace structures. The results indicate that misaligned assumptions between leaders and employees can account for up to 5% of passive behaviour within organizations. In financial terms, this margin is significant.

Why the 5% effect matters

In large corporations, even a 5% increase in engagement can translate into millions of dollars in productivity gains, improved customer satisfaction and lower operational friction. Applied studies cited alongside the research show that teams fostering collaborative belief structures recorded 5% to 10% higher engagement levels and measurable reductions in turnover costs.

For Latin American enterprises – where employee disengagement and retention are endemic challenges – such increments can determine whether performance targets are met or missed.

One of Dr.Fast’s more striking findings is that positive perceptions alone do not guarantee proactive performance. Companies must move beyond the catch phrasing of “positive thinking.” Leaders who unconsciously associate teams with traits such as conformity or passivity may inadvertently reinforce those behaviours, regardless of stated values.

In other words, culture is not shaped solely by policies or incentive systems, but by cognitive framing.

This has implications for multinational corporations operating across the region. Cultural and national variables were shown to influence how expectations are formed and interpreted within teams. In cross-border environments – from Bogotá to São Paulo to Mexico City – misalignment can quietly erode efficiency and collaboration.

As Latin American firms expand internationally and global groups deepen their regional footprint, leadership models that account for cognitive alignment may become a differentiating factor.

Unlike much academic work, Fast’s framework is designed for operational use. It emphasises structured self-assessment to surface subconscious assumptions, the use of 360-degree feedback to identify perception gaps, and the comparison of belief patterns with engagement data. It also encourages organisations to reframe limiting narratives through facilitated dialogue and to embed cognitive flexibility into leadership development programmes.

These tools align with a broader professionalisation of management practices across Latin America, where firms are increasingly adopting analytics-driven approaches to human capital strategy.

Fast’s corporate experience includes more than a decade at The Walt Disney Company, a global operator known for embedding service standards and behavioural alignment into its operational model. The relevance of belief alignment is evident in complex organizations where consistency, collaboration and innovation must scale across thousands of employees.

As an industry insider, Ursafe has publicly endorsed the groundbreaking research, describing it as a practical roadmap for measurable performance improvement. But the broader significance lies more in timing than endorsement. “The clarity it brings to the dynamics between leaders and employees makes it a benchmark for modern organizational development.”

Latin American businesses are navigating inflationary pressures, digital transformation and generational shifts in workplace expectations. In this environment, marginal gains in engagement and trust can compound quickly.

The study’s conclusion is clear: leadership success is not determined solely by strategic vision or authority, but by the invisible assumptions shaping daily interactions between managers and teams.

For companies willing to measure and recalibrate those assumptions, belief alignment may prove to be more than a theoretical construct. It may become a competitive lever – one capable of turning subtle cognitive shifts into tangible financial results.

In a hemisphere where growth increasingly depends on talent retention, innovation and cross-cultural agility, Dr.Candice Fast’s vision of leadership is grounded less on what organizations do — and more on how they think. “Beliefs, though invisible, are among the most powerful tools leaders possess,”  highlighted the data researcher.

Medellín’s Tourism Agency Targeting US Tour Operators Focused on Sustainable, Community-Centric Travel

6 December 2025 at 18:44

The Medellín Secretariat of Tourism and Entertainment participated in the annual United States Tour Operators Association (USTOA) Conference and Marketplace, held through Friday at the Gaylord National Resort & Convention Center in Maryland. The Colombian city’s objective was to market its tourism offerings to US visitors and operators who prioritize sustainable practices and respect for local communities.

The USTOA Annual Conference is considered a significant platform within the US travel industry. The organization, founded in 1972, promotes responsible tourism and the development of experiences that contribute to cultural and environmental preservation. Medellín, operating as an associate member, utilized the event to engage with leading tour operators, international destinations, and specialized suppliers, aiming to secure high-value business agreements and build strategic alliances.

Medellín is seeking to encourage conscious and family-oriented tourism, and discourage those with more lascivious motives.

According to a statement from the Secretariat, the city’s delegation secured 10 business-to-business (B2B) meetings with US operators focused on expanding their travel portfolios into emerging Latin American markets. Medellín also contributed to the conference’s academic section, presenting its tourism assets. The city’s presentation emphasized its focus on the entertainment and social tourism segments, positioning itself for travelers seeking cultural and leisure activities with a defined responsible approach.

The Medellín Mayor’s Office, through its tourism agency and the Greater Medellín Convention & Visitors Bureau, highlighted several elements intended to appeal to international operators. These assets include the city’s calendar of international events, its gastronomic and musical offerings, and its active nightlife. Furthermore, city officials pointed to the modern hotel infrastructure, venues suitable for large-scale events, increased flight connectivity, and the range of cultural programs as factors allowing international operators to design programs that meet traveler expectations.

The city’s participation in the conference represents a push to cultivate long-term partnerships with operators who are committed to what the local administration defines as a more conscious form of travel, aligning with shifting industry trends.

El Chato Tops List of Latin America’s 50 Best Restaurants 2025 as Colombian Gastronomy Gains Regional Prominence

3 December 2025 at 13:16

The Latin American culinary sector convened in Antigua, Guatemala, for the 13th edition of Latin America’s 50 Best Restaurants 2025, an event sponsored by S.Pellegrino & Acqua Panna (SIX: NESN, OTC: NSRGY). The ceremony, held at Santo Domingo del Cerro, highlighted establishments from 21 cities across the region, with Bogotá’s El Chato securing the No. 1 position.

Led by Chef Álvaro Clavijo, El Chato ascended from the No. 3 spot in 2024 to be named “The Best Restaurant in Latin America” and “The Best Restaurant in Colombia.” The contemporary bistro is noted for its engagement with local producers and its interpretation of Colombian ingredients. Clavijo founded the restaurant with the objective of positioning Colombian gastronomy globally by utilizing regional products.

“We are truly delighted to celebrate El Chato as The Best Restaurant in Latin America 2025,” stated Craig Hawtin-Butcher, Managing Director for 50 Best. “This achievement reflects the energy, talent and authenticity that make Latin American gastronomy unique in the world.”

Colombia’s Culinary Footprint

Beyond the top spot, Colombian restaurants maintained a significant presence on the list. Celele in Cartagena, known for its research into Caribbean biodiversity, ranked No. 5. In Bogotá, Chef Leonor Espinosa’s Leo placed at No. 23.

Several new entries and recognitions for Colombia were announced. Afluente, located in Bogotá, debuted on the list at No. 34. Humo Negro, also in the capital, appeared at No. 41. Manuel, a restaurant in Barranquilla, was ranked No. 46.

Specific accolades were awarded to Colombian venues. Oda, a Bogotá-based restaurant situated within the G Lounge, received the Sustainable Restaurant Award. The establishment focuses on ingredients sourced from urban gardens and local producers.

Regional Rankings and Awards

Buenos Aires led the city rankings with eight restaurants in the top 50, followed by Lima with seven and Santiago with five. Kjolle (No. 2) in Lima was named “The Best Restaurant in Peru,” while Don Julio (No. 3) in Buenos Aires took the title of “The Best Restaurant in Argentina.”

Other notable awards included:

  • Highest New Entry: Casa Las Cujas (No. 14) in Santiago.

  • Highest Climber: Cosme (No. 9) in Lima, sponsored by Lee Kum Kee.

  • Icon Award: Rodolfo Guzmán of Boragó (No. 6) in Santiago.

  • Best Pastry Chef: Bianca Mirabili of Evvai (No. 20), sponsored by República del Cacao.

  • Chefs’ Choice Award: Alejandro Chamorro of Nuema (No. 10), sponsored by Estrella Damm (BME: DAMM).

  • Best Sommelier: Maximiliano Pérez, sponsored by Vik.

  • Best Female Chef: Tássia Magalhães.

The voting process is audited by professional services consultancy Deloitte, utilizing a panel of 300 regional experts including journalists, food critics, and chefs to determine the rankings.

Tourism and Partnerships

The event was hosted in partnership with the Guatemalan Institute of Tourism (INGUAT), which aims to position Guatemala as a competitive destination. Other partners included American Express (NYSE: AXP), Buchanan’s (LSE: DGE, NYSE: DEO), and Ron Zacapa (LSE: DGE, NYSE: DEO).

Above photo: El Chato in Bogotá takes the No.1 spot in Latin America’s 50 Best Restaurants 2025, sponsored by S.Pellegrino & Acqua Panna (PRNewsfoto/50 Best)

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