G Mining Ventures Reports Record Q3 Production and Cash Flow as Tocantinzinho Reaches Steady State

By Advos

TL;DR

G Mining Ventures delivers strong competitive advantage with $95.8 million free cash flow and $123.8 million net income from low-cost operations generating superior margins.

G Mining Ventures achieved steady-state production of 46,360 ounces with $1,046 AISC, driving $161.7 million revenue through disciplined operational execution and cost control.

G Mining Ventures creates sustainable value through long-life mining operations that support local economies while advancing responsible resource development in mining-friendly jurisdictions.

G Mining Ventures transforms gold discovery into profitable production, advancing new projects in Brazil and Guyana while maintaining industry-leading cost efficiency and strong financial returns.

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G Mining Ventures Reports Record Q3 Production and Cash Flow as Tocantinzinho Reaches Steady State

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported exceptional third-quarter results as its Tocantinzinho mine reached steady-state operations, delivering record production, revenue, and cash flow metrics that underscore the company's operational efficiency and financial strength. The Brazilian gold mine produced 46,360 ounces during the quarter, generating $161.7 million in revenue while maintaining an impressively low all-in sustaining cost of $1,046 per ounce, resulting in strong margins that position the company competitively within the gold mining sector.

The company's financial performance demonstrated robust profitability with adjusted EBITDA reaching $122.6 million and net income totaling $123.8 million for the quarter. Most notably, G Mining Ventures generated $95.8 million in free cash flow, providing significant financial flexibility to fund ongoing growth initiatives without requiring external capital. This strong cash generation comes at a critical time as the company advances construction at its Oko West Gold Project in Guyana while progressing the Gurupi project through permitting and exploration phases.

The consistent performance at Tocantinzinho represents an important milestone for G Mining Ventures as it transitions from development to steady-state production. The mine's ability to maintain low operating costs while achieving substantial output highlights the quality of the asset and the company's operational expertise. This operational success provides a solid foundation for the company's strategy of developing long-life, low-cost operations that can generate sustainable returns through various commodity price cycles.

For investors and industry observers, these results demonstrate G Mining Ventures' capacity to execute on its development strategy while maintaining financial discipline. The company's focus on mining-friendly jurisdictions like Brazil and Guyana reduces geopolitical risk while the self-funded growth approach minimizes dilution for existing shareholders. The full details of the quarterly performance are available in the company's official release at https://ibn.fm/8l6XX.

The strong quarterly results have broader implications for the gold mining sector, particularly for companies operating in South American jurisdictions. G Mining Ventures' success at Tocantinzinho validates the potential for profitable gold production in Brazil's mining regions and may encourage further investment in the country's mining sector. The company's low-cost operating model also sets a benchmark for operational efficiency that other mid-tier producers may need to match to remain competitive.

As G Mining Ventures continues to advance its growth projects, the consistent cash flow from Tocantinzinho provides crucial funding for expansion without the need for additional equity raises or debt financing. This financial independence positions the company advantageously compared to peers who may face challenges in securing capital for development projects in the current economic environment. The company's progress can be tracked through its official communications at https://ibn.fm/GMINF.

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Advos

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