Aris Mining to Acquire Remaining 49% of Soto Norte JV From MDC Industry for Full Ownership in Colombia

November 20, 2025

Aris Mining entered into a binding term sheet to acquire the remaining 49% interest in the Soto Norte joint venture in Colombia from MDC Industry Holding Company LLC (Mubadala) for US$80 million. The transaction would give Aris Mining 100% ownership of Soto Norte and is expected to close by early December 2025, subject to final documentation and customary conditions.

Buyers
Aris Mining Corporation
Targets
Soto Norte joint venture (Soto Norte, Colombia)
Sellers
MDC Industry Holding Company LLC (Mubadala)
Location
Colombia
Transaction Type
Buyout

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