GCM Mining completed the acquisition of the remaining stake in Aris Gold for $234m.

GCM Mining, a gold production company, completed the acquisition of of the remaining stake in Aris Gold, a gold mining company, for $234m. "The combined group creates a top-in-class company with multiple tier one assets. After Aris Gold became operator of the Soto Norte joint venture, joining forces with GCM became a logical next step. Our increased scale will also broaden our future opportunities to continue building a +1m ounce producer over the next few years," Ian Telfer, Aris Gold Chair.