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)
- Industry
- Industrial Services
- Location
- Colombia
- Transaction Type
- Buyout
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