G Mining: 4.7M Tons of Gold per Year in New Brazilian Operation

In this interview, Louis-Pierre Gignac, CEO of G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF), discusses the company’s recent success and future plans. G Mining’s stock has risen over 1,400% in the last five years, largely due to bringing their Tocantinzinho gold project in Brazil to production. 

Gignac explains that the project is entering its final commissioning phase, with commercial production expected by August and full capacity by year-end. The company projects an industry-leading all-in sustaining cost of $681 per ounce. 

“We have grid connection that gives us cheap power, our open pits operation has a low strip ratio as well so we’re not having to move a lot of tonnage to expose ore and feed the plant to capacity. So there’s a lot of factors that result in a low all-in sustaining cost,” Gignac explained, noting that the $681 per ounce cost was from the feasibility study in 2022 and they would still need to cost in inflation, but the operating costs are still going to be in the bottom quartile.

Gignac also discusses the company’s recent merger with Reunion Gold, which will help G Mining reach its goal of becoming an intermediate producer with 500,000 ounces of annual production by 2027-2028. 

He highlights Brazil’s strengths as a mining jurisdiction and touches on the company’s major shareholders, including La Mancha Resources and Franco-Nevada. Looking ahead, G Mining plans to continue expanding in the Americas, with a focus on executing their current projects and seeking new opportunities.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Will There Be A New Currency Backed by Gold? — With David Watkinson of Emergent Metals

Joining us today on the Daily Dive for the first time is David Watkinson, CEO...

Tuesday, February 21, 2023, 01:30:00 PM

$30,000 GOLD: How Trump’s Policies Could Trigger The Next Price Explosion | Simon Marcotte

In this interview, Simon Marcotte, CEO of Northern Superior Resources (TSXV: SUP), presents a bold...

Saturday, May 10, 2025, 11:31:00 AM

Great Bear Sees 97% Gold Recovery At Dixie Limb In Metallurgical Tests

Great Bear Resources (TSXV: GBR) this morning released metallurgical test results from its Dixie Limb...

Wednesday, January 27, 2021, 08:02:40 AM

Kirkland Lake Gold Drills 17.0 Metres Of 7.19 G/T Gold At Detour Lake

Kirkland Lake Gold Ltd. (TSX: KL) reported today the results from 43 holes drilled at...

Thursday, July 8, 2021, 09:26:00 AM

What Biden’s Cannabis Pardons Really Mean — With Bruce Linton

Today on the Daily Dive, we sit down with Bruce Linton, founder and former CEO...

Tuesday, October 18, 2022, 01:30:00 PM