Welcome to our dedicated page for G Mining Ventures news (Ticker: GMINF), a resource for investors and traders seeking the latest updates and insights on G Mining Ventures stock.
G Mining Ventures Corp. (OTCQX: GMINF; TSX: GMIN) generates frequent news as it advances a portfolio of gold assets anchored by the Tocantinzinho Gold Mine in Brazil and the Oko West and Gurupi projects in Guyana and Brazil. This news page aggregates company announcements so readers can follow operational performance, project milestones and exploration results in one place.
Recent updates highlight quarterly production and financial results from Tocantinzinho, including gold output, plant throughput, recoveries, cash costs and all-in sustaining costs. These releases also discuss revenue, EBITDA, free cash flow and liquidity, showing how the mine’s performance supports the company’s broader growth strategy.
News items also cover project development at Oko West, such as the receipt of the Environmental Permit from Guyana’s Environmental Protection Agency, the Board’s formal construction decision, detailed engineering progress, procurement of long-lead equipment and early works on site. Financing developments, including a revolving credit facility and equipment financing arrangements, are reported as key steps in funding construction.
For the Gurupi Project, company releases describe regulatory milestones, including a Federal Court ruling that clarified the licensing framework, as well as exploration budgets, trenching results and planned drilling programs. Additional news focuses on exploration success at Oko West and Gurupi, ESG metrics, tax incentive approvals at Tocantinzinho and other corporate developments.
Investors and followers of GMINF can use this page to review historical and ongoing news about production, costs, financing, permitting, exploration and ESG disclosures across the company’s gold portfolio.
G Mining Ventures (OTCQX:GMINF) has received a significant court ruling from Brazil's 8th Federal Environmental and Agrarian Court regarding its Gurupi Gold Project. The decision resolves a decade-long permitting issue by annulling previous licenses from 2011 and authorizing GMIN to initiate a new environmental licensing process.
The Gurupi Project currently holds 1.83 million ounces of indicated mineral resources and 0.77 million ounces of inferred resources across three deposits. GMIN has allocated an initial 2025 exploration budget of $2-4 million for regional soil sampling and other exploration activities, with plans to increase the budget in H2 2025 upon receiving necessary permits.
G Mining Ventures (OTCQX:GMINF) announced that its Tocantinzinho Gold Mine in Brazil has achieved nameplate capacity, operating at 12,890 tonnes per day over 30 consecutive days. The company reported Q2 2025 gold production of 42,587 ounces, a 20% increase from Q1 2025.
Key operational improvements include enhanced gold recovery to 90.3% (up from 87.7% in Q1), increased average mining rate to 47,900 tpd (18% higher than Q1), and improved plant throughput to 96% of nameplate capacity in May-June after resolving SAG mill liner issues. The company maintains its 2025 production guidance of 175,000-200,000 gold ounces.
G Mining Ventures (OTCQX:GMINF) announced significant operational achievements at its Tocantinzinho Gold Mine in Brazil. The processing plant reached 12,890 tonnes per day over 30 consecutive days, marking a major milestone. Q2 2025 gold production increased 20% to 42,587 ounces compared to Q1, with improved gold recovery of 90.3%.
The company successfully resolved earlier SAG mill liner issues by replacing rubber liners with a steel system in April, achieving 96% of nameplate capacity in May and June. Mining operations showed strong performance with an 18% increase in average mining rate to 47,900 tpd. GMIN reaffirmed its 2025 production guidance of 175,000 to 200,000 gold ounces.
G Mining Ventures (OTCQX:GMINF) held its annual general and special meeting where shareholders approved all proposed matters. The meeting included the election of eleven directors to the Board, with approval rates ranging from 77.99% to 99.97%. Shareholders also approved PricewaterhouseCoopers LLP as independent auditors with 99.97% support and ratified the Corporation's general by-laws with 84.88% approval.
The company, focused on precious metal projects, is developing the Tocantinzinho Mine in Brazil, along with the Gurupi Project and Oko West Project in Guyana, aiming to become a mid-tier precious metals producer.
G Mining Ventures announces robust Feasibility Study results for its Oko West Gold Project in Guyana, demonstrating strong economic potential with an after-tax NPV of $2.2 billion and IRR of 27% at $2,500/oz gold price.
Key highlights include:
- Annual gold production of 350,000 ounces over 12.3 years
- Low All-In-Sustaining Cost of $1,123/oz
- Initial capital cost of $972 million
- Total gold production of 4.3 million ounces
- Expected creation of 1,270 direct permanent jobs
The project features both open pit and underground mining operations, with final environmental permits expected in Q2-25 and construction decision targeted for H2-25. The study confirms Oko West as a long-life, high-margin operation with proven resources and solid infrastructure, positioning it as one of the world's most promising undeveloped gold projects.
G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF) has filed a technical report for its Gurupi Gold Project in Brazil. The NI 43-101 compliant report, dated February 3, 2025, with an issue date of April 8, 2025, provides an updated mineral resource estimate for the 100% owned project.
The report was prepared by Pascal Delisle, P.Geo. of G Mining Services Inc., who serves as a qualified person under NI 43-101 standards. This voluntary filing aims to provide general updates about the Gurupi gold exploration project and is available on SEDAR+ and GMIN's website.
GMIN is positioning itself to become a mid-tier precious metals producer, with operations anchored by the Tocantinzinho Mine in Brazil, supported by the Gurupi Project in Brazil and the Oko West Project in Guyana.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has reported its Q4 and full-year 2024 results, marking its first full quarter of commercial production at the Tocantinzinho (TZ) Mine. Key Q4 highlights include:
- Gold production: 40,147 ounces
- Gold sold: 39,938 ounces
- All-in sustaining costs (AISC): $862 per oz
- Net Income: $47.6 million ($0.21 per share)
- Free Cash Flow: $53.0 million
- Cash position: $141.2 million
The company completed strategic acquisitions in 2024, including the Oko West project through a business combination with Reunion Gold, and the Gurupi Gold Belt tenements from BHP. The Oko West PEA shows potential for 353,000 ounces annual gold production at AISC of $986/oz over a 12.7-year mine life.
TZ Mine achieved commercial production on September 1st, 2024, delivering 63,566 ounces for the year. Mining operations exceeded expectations with 14.3 Mt mined, including 6.4 Mt of ore.