G Mining Ventures Corp. Stock Price, News & Analysis

G Mining Ventures (OTCQX:GMINF) completed a scheduled drawdown of US$80 million on its US$350 million revolving credit facility dated October 6, 2025, to fund development and construction of the 100% owned Oko Gold Project in Guyana.

Proceeds were used to repay in full an outstanding senior secured term loan of US$80 million previously provided by Franco-Nevada GLW Holdings. At current effective rates, the refinancing is expected to generate approximately US$1.5 million in annual interest savings, which the company says will strengthen the balance sheet and support ongoing operations at Tocantinzinho and advancement of Oko West.

G Mining Ventures (TSX:GMIN, OTCQX:GMINF) announced its Board approved full construction of the 100%‑owned Oko West Gold Project with an initial capital cost of $973M. Detailed engineering is 36% complete and $334M (33% of capex) is committed; total project expenditure to date is $156M (including $110M spent plus $46M prepayments). The project is fully permitted under Environmental Permit No. 20230912‑RGIGM (issued Aug 29, 2025; five‑year term). Early works and procurement are progressing; first gold is targeted in H2 2027. Workforce totals 710 (over 80% Guyanese); TRIFR is 0.33. Major suppliers include Wärtsilä, Komatsu, Metso, and FLSmidth.

G Mining Ventures (OTCQX: GMINF) reported Q3 2025 production from the Tocantinzinho mine: 46,360 oz of gold produced in the quarter and 124,525 oz YTD through Sept 30, 2025. The mill processed 1,094 kt in Q3 at an average throughput of 11,890 tpd (92% of nameplate), average grade 1.43 g/t and recoveries of 92.3%.

Quarter-over-quarter operational improvements included a +9% increase in production, +23% in gold sales, higher mining rate and improved recoveries. Financial results to follow on Nov 12, 2025 with a conference call on Nov 13, 2025 at 9:00 AM ET.

G Mining Ventures (OTCQX: GMINF / TSX: GMIN) announced commitments for an initial US$387.5M financing package to fund construction of the 100%‑owned Oko West gold project in Guyana. The package includes a senior secured revolving credit facility of US$350M (with a six‑month accordion for an additional US$150M) and equipment financing of up to US$37.5M from Komatsu Finance. Pricing is SOFR + credit spread adj. and a margin of 2.75%–3.75%. Following an environmental permit received on Sept 2, 2025, the company says it is positioned to make a Final Investment Decision later in October 2025.

G Mining Ventures (OTCQX: GMINF) announced that SUDAM approved the Tocantinzinho (TZ) gold mine for the regional development tax incentive program on Oct 2, 2025. The approval reduces the Brazilian nominal corporate tax rate applicable to TZ from 34% to approximately 15.25% for a period of 10 years starting fiscal year 2025, with the incentive renewable after the initial term. Management says the measure is expected to materially enhance after-tax earnings and free cash flow. The release also notes local employment: over 80% of the workforce from Pará and 99.8% Brazilian employees. Management links the benefit to funding growth projects including Oko West in Guyana and exploration at Gurupi.

G Mining Ventures (OTCQX:GMINF) reported significant exploration results from its Oko West Gold Project in Guyana and Gurupi Project in Brazil. At Oko West, drilling revealed a new high-grade discovery with notable intercepts including 2.9m at 37.85 g/t Au, along with successful implementation of a new Splay Model for targeting mineralization.

At Gurupi, trenching extended known mineralization 2km north of the Chega Tudo deposit, with highlights including 9.0m at 3.52 g/t Au. The company increased its 2025 exploration budget to USD $6-8 million (up from $2-4 million) and plans 10,000m of RC drilling, with 7,500m targeted for completion by year-end.

G Mining Ventures (OTCQX:GMINF) has secured a crucial Environmental Permit from Guyana's EPA for its Oko West Gold Project, valid through July 2030. The permit follows an extensive ESIA submission and nearly two years of environmental studies, authorizing both construction and operations that are expected to create 1,270 direct permanent jobs.

The company has already initiated early works at Oko West in March 2025, including wharf development and infrastructure construction. $190 million has been committed for long-lead equipment and facilities. GMIN anticipates making a formal construction decision in H2 2025, with initial equipment deliveries expected in the same period.

The project is strategically positioned in Guyana, recently ranked among the top 10 mining jurisdictions globally by the Fraser Institute's 2024 survey, highlighting the country's attractive investment environment and transparent regulatory framework.

G Mining Ventures (OTCQX:GMINF) reported strong Q2 2025 results, with gold production reaching 42,587 ounces, a 20% increase from the previous quarter. The company achieved record quarterly revenue of $129.6 million and generated $60.2 million in free cash flow. Key financial metrics include net income of $48.6 million ($0.21 per share) and adjusted EBITDA of $92.9 million.

The company's Tocantinzinho (TZ) processing plant reached nameplate capacity, operating at 96% of designed throughput of 12,890 tonnes per day. The cash balance strengthened to $156.1 million, supporting development activities at Oko West and Gurupi projects. The company maintains its 2025 production guidance of 175,000-200,000 ounces while adjusting AISC guidance to $1,025-$1,155 per ounce due to increased mining taxes.

G Mining Ventures (OTCQX:GMINF) has released its comprehensive 2024 ESG Report, marking its transition from mine developer to operator. The report showcases significant achievements at the Tocantinzinho Gold Mine in Brazil and progress at the Oko West Project in Guyana.

Key environmental highlights include 94% water recycling at the mill, 74% solid waste recycling, and reforestation of 33 hectares. Social achievements feature a strong safety record with a 0.08 TRIFR, 98% national workforce, and $35 million in local procurement. The company also announced management changes, including the departure of Dušan Petković and appointment of Jean-François Lemonde as VP of Investor Relations.

For 2025, GMIN has outlined ambitious ESG commitments including additional reforestation, expanded emissions tracking, and increased waste recycling targets.