G Mining Ventures is pleased to announce that its Tocantinzinho Gold Mine in the State of Pará, Brazil reached a major operational milestone, with the processing plant operating at an average of 12,890 to per day over 30 consecutive days. The Corporation also reports gold production for the second quarter of 2025 of 42,587 oz. Second Quarter 2025 Production Highlights No lost time or recordable incidents in Q2 2025 [...]
G Mining Ventures Corp. is pleased to announce the voting results from its annual general and special meeting of shareholders held today . All matters submitted to shareholders for approval, as set out in the Corporation's Notice of Meeting and Information Circular, both dated May 27, 2025, were approved by the requisite majority of votes cast at the Meeting. At the Meeting: 1. Election of Directors Each of the following [...]
G Mining Ventures Corp. announces that the Corporation has filed a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in respect of the feasibility study for its wholly owned Oko West gold project , located in Guyana. The Technical Report, titled "Feasibility Study NI 43-101 Technical Report, Oko West Gold Project," has an effective date of April 28 [...]
G Mining Ventures Corp. is pleased to report its production and financial results1 for the quarter ended March 31, 2025. Unless otherwise stated, all dollar amounts in this news release are expressed in U.S. dollars. "We are pleased to deliver a second consecutive quarter of free cash flow with perfect safety performance. While continuing to ramp up to nameplate capacity, we produced about 35,600 ounces at a leading [...]
G Mining Ventures Corp. today announces that it will restate its consolidated financial statements for the year ended December 31, 2024, along with a corresponding restated Management Discussion and Analysis, to reflect two non-cash accounting adjustments identified during its first-quarter 2025 financial review. All amounts are in USD unless stated otherwise. The non-cash accounting adjustments have no impact on the [...]
After-tax NPV5% of $2.2 billion, IRR of 27% and payback of 2.9 years at $2,500/oz base case gold price After-tax NPV5% of $3.2 billion, IRR of 35% and payback of 2.1 years at $3,000/oz gold price Average annual gold production of 350,000 ounces at an AISC of $1,123/oz for 12.3 years Initial capital cost of $972 million and sustaining capital of $650 million over the life of mine Early works construction progressing well [...]
G Mining Ventures Corp. announces that the Corporation has filed a technical report prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects in respect of the updated mineral resource estimate for GMIN's 100% owned Gurupi Gold Project in Brazil. The Technical Report, titled "Mineral Resource Estimate NI43-101 Technical Report Gurupi Project," is dated February 3, 2025, with an [...]
G Mining Ventures is pleased to report its production and financial results1 for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights First Full Quarter of Commercial Production Production: 40,147 oz of gold in Doré Gold sold totaled 39,938 oz Operating Costs: All-in sustaining costs2 of $862 per oz Au sold Net Income: $47.6 million, or $0.21 per share - basic Adjusted Net Income2 [...]
G Mining Ventures is pleased to announce that common shares of the Corporation have recently been selected for inclusion in multiple major stock indices, including the NYSE Arca Gold Miners Index , MVIS Global Junior Gold Miners Index , S&P/TSX Composite index and iShares MSCI Canada ETF. "We are very pleased that GMIN has been selected for inclusion in multiple indices." commented Louis-Pierre Gignac, President & CEO [...]
G Mining Ventures is pleased to announce the commencement of site preparation activities at its Oko West Gold Project, marking a major step forward in the project's development. With the Interim Environmental Permit from the Guyana Environmental Protection Agency already in hand , the early works construction program is now officially underway, as a part of the total $200 - 240 million Oko West capex guidance for 2025 [...]
Significant Resource Growth - +295% growth in year-over-year consolidated mineral resources to a total of 8.28 Moz of indicated resources and 2.40 Moz of inferred resources Tocantinzinho Gold Mine - Good replacement of mineral reserves after first year of production with current mineral reserves of 2.03 Moz Oko West Project - Positive infill drilling results from 49,000m of drilling to support upcoming Feasibility Study [...]
G Mining Ventures announces its 2025 operational and cost guidance for Tocantinzinho Gold Mine, along with planned capital expenditures to progress the Oko West Gold Project and the Gurupi exploration Project. Highlights Production, unit cost and capital expenditure guidance for the full year 2025 are outlined in the table below. Figure 1: Full Year 2025 Operational and Cost Guidance Operational & Cost Guidance 2025 [...]