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G Mining Ventures Issues Production Guidance for Brazilian Gold Mine, Advances Guyana Project

By Advos

TL;DR

G Mining Ventures forecasts increasing gold production at its Tocantinzinho mine, offering investors potential growth with cost improvements projected for 2027.

G Mining Ventures outlines detailed operational guidance for 2026-2027, including production targets, cost structures, and capital expenditures for its Brazilian and Guyanese projects.

G Mining Ventures' development of gold mines in Brazil and Guyana contributes to economic growth in mining-friendly regions through job creation and infrastructure investment.

G Mining Ventures plans to produce up to 235,000 ounces of gold annually by 2027 from its South American mines, with first production from Guyana expected next year.

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G Mining Ventures Issues Production Guidance for Brazilian Gold Mine, Advances Guyana Project

G Mining Ventures Corp. has provided operational guidance for its Tocantinzinho Gold Mine in Brazil, projecting substantial gold production increases through 2027 alongside cost improvements as the mine reaches full operational capacity. The company forecasts production of 160,000 to 190,000 ounces in 2026, increasing to 200,000 to 235,000 ounces in 2027, with higher-grade ore becoming available in the second half of 2026.

The guidance indicates material cost reductions are expected in 2027, driven by a full-year contribution from Phase 2 ore at the Tocantinzinho operation. For 2026, the company anticipates cash operating costs of $736 to $865 per ounce and all-in sustaining costs of $1,230 to $1,444 per ounce. These projections provide investors with clear visibility into the company's operational trajectory as it transitions from development to full-scale production.

Concurrently, G Mining Ventures is advancing its Oko West Gold Project in Guyana with significant capital investment planned. The company outlined sustaining capital expenditures of $69 million to $81 million in 2026 for its Brazilian operations, alongside growth capital of $514 million to $568 million allocated to advance the Guyana project. The Oko West project remains on track for first gold production in the second half of 2027, positioning the company for continued expansion beyond its Brazilian operations.

The dual-project strategy demonstrates G Mining Ventures' approach to building a diversified production base across mining-friendly jurisdictions. The company's access to capital and development expertise supports its growth trajectory toward becoming a mid-tier precious metals producer. Investors can view the full press release at https://ibn.fm/5u2mI for complete details on the production guidance and project updates.

This operational guidance is significant for the gold mining sector as it provides concrete metrics for evaluating G Mining Ventures' growth potential. The projected production increases and cost improvements through 2027 suggest the company is successfully executing its development strategy. The substantial capital allocation to the Oko West project indicates confidence in the Guyana asset's potential to contribute meaningfully to future production. For market observers, these announcements offer measurable benchmarks against which to assess the company's operational performance and strategic direction in the coming years.

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