# GCM Mining and Aris Gold to merge

GCM Mining and Aris Gold announced a merger to create a combined gold company, retaining the name Aris Gold Corporation. GCM shareholders will own about 74% of the new entity.

- Type: Acquisition
- Announced: 2022-07-25
- Where: Colombia
- Status: announced
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [GCM Mining](https://endata.com/companies/64348.md) (acquirer)
- [Aris Gold](https://endata.com/companies/64349.md) (target)

## Sources

- [magazine.cim.org](https://magazine.cim.org/en/news/2022/gcm-mining-and-aris-gold-join-forces-in-merger-deal-en/), 2022-07-25: "Together, the junior gold producers are set to become Colombia's foremost gold player."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.