Sunday, June 1, 2025

Latest

G Mining Sees 2024 Production Of 63,566 Gold Ounces

The preliminary numbers are in for G Mining Ventures’ (TSX: GMIN) fourth quarter. The company reported gold production of 40,147 ounces for the three month period. Gold sold during the quarter meanwhile came in at 39,938 ounces.

The figures represent a beat on prior production targets, with the company previously calling for Q4 production of between 30,000 and 40,000 ounces as it continues to scale its operations.

For the full fiscal year, G Mining recorded total gold production of 63,566 gold ounces, which represents the first two quarters of production for the company. Full year gold sales meanwhile sit at 57,082 ounces.

Preliminary revenue numbers were not provided.

Looking to 2025, the firms Tocantinzinho mine is expected to ramp towards nameplate capacity in the first quarter, while in terms of exploration both greenfield and brownfield sites near the mine are expected to see exploration spend. Targets include a 15 kilometre untested parallel trend to the southwest, and underexplored portions of the main mineralized trend.

Detailed guidance is slated to be released later in Q1.

Elsewhere, G Mining also expected its recently acquired Oko West Gold Project in Guyana to see substantial development this year, with documentation for the environmental impact assessment submitted in November. The firm yesterday disclosed it intends to advance a number of early works activities this year, including the main access road, an airstrip, permanent camp facility and power generation among other items. A construction decision is expected to be made in the second half of 2025, along with the release of a feasibility study and financing package.

G Mining Ventures last traded at $12.26 on the TSX.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

G Mining Begins Earthworks At Oko West Project

The development of G Mining Ventures’ (TSX: GMIN) Oko West Gold Project in Guyana has...

Friday, March 7, 2025, 08:33:48 AM

G Mining Reports Oko West NPV Of $2.2 Billion In Feasibility Study

G Mining Ventures (TSX: GMIN) has completed a feasibility study for its Oko West Gold...

Tuesday, April 29, 2025, 08:56:41 AM

G Mining Q4 Earnings: Operational Excellence

G Mining Ventures (TSX: GMIN) officially has a full quarter of commercial production in the...

Saturday, April 5, 2025, 11:27:00 AM

G Mining Ventures Posts Q4 AISC Of Just $862 An Ounce In First Full Quarter Of Production

G Mining Ventures (TSX: GMIN) has posted financial results for its first full quarter of...

Friday, March 28, 2025, 09:14:43 AM

G Mining Guides To 2025 Production Of Up To 200,000 Ounces

G Mining Ventures (TSX: GMIN) has released its guidance for 2025, which is highlighted by...

Tuesday, January 21, 2025, 08:09:24 AM